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181 Commonwealth Avenue

Updated Aug 25, 2026

Matthew Marshall Of MGM Capital Acquires Multifamily Property In Boston For $13.5M
SOLDMultiFamily

Matthew Marshall Of MGM Capital Acquires Multifamily Property In Boston For $13.5M

181 Commonwealth Avenue

$13,500,000

$1,109/SF

Building Size

12,171 SF

Asset Type

MultiFamily

Closing

Jun 15, 2025

About this deal

AI

The property involved in this transaction is a multifamily asset located at 181 Commonwealth Avenue in Boston, MA. The sale price for the property was $13,500,000. It encompasses a total square footage of 12,171 square feet, resulting in a price per square foot of $1,109.

Summary of transaction details:

This transaction was facilitated by Matthew Marshall from MGM Capital as the buyer, and Louis F Musco as the seller. Jeffrey N Shuman from Luxury Residential Group represented the buyer, while Paul Gleason represented the seller in this deal.

Players

Paul Gleason

Broker

$57.2M

vol

6 deals

Broker
Luxury Residential Group
Luxury Residential GroupBrokerage
MGM Capital
MGM CapitalBuyer

Louis F Musco

Seller
Seller

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $13.5M for 12,171 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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