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18 Roberts Street

$4.4M Brookline Multifamily Sale With Buyer's Rep Eric Shabshelowitz & Seller's Rep Matt Bless
SOLDMultiFamily

$4.4M Brookline Multifamily Sale With Buyer's Rep Eric Shabshelowitz & Seller's Rep Matt Bless

18 Roberts Street & 20 Roberts Street

$4,400,000

$265/SF

Building Size

16,560 SF

Asset Type

MultiFamily

Closing

Dec 14, 2023

AI

In Brookline, MA, a multifamily property located at 18-20 Roberts Street was recently sold for $4,400,000. The property spans across 8,280 square feet and has a price per square foot of $531.

Summary of transaction details

The buyer was represented by Eric Shabshelowitz of Cabot & Company, while the seller's representative was Matt Bless of Jack Conway & Company.

Players

Eric Shabshelowitz

Cabot & Company

Broker

$16.5M

vol

5 deals

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.61%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93