Yuxin Lyu Acquires Multifamily Property In Malden For $1.38M Represented By Rose Hall And Nicholas Daher
19-21 Clark Street
$1,380,000
$370/SF
Building Size
3,722 SF
Asset Type
MultiFamily
Closing
Oct 21, 2024
AI
The asset involved in this transaction is a multifamily property located at 19-21 Clark Street in Malden, MA. The sale occurred at a price of $1,380,000, with the property encompassing a total area of 3,722 square feet. The price per square foot for this sale was calculated at $370.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,380,000
- Address: 19-21 Clark Street
- Market: Malden, MA
- Square Footage: 3,722
- Price per Square Foot: $370
- Buyer: Yuxin Lyu
- Seller: George Saleh
- Buyer's Representative: Rose Hall - Blue Ocean Property Management
- Seller's Representative: Nicholas Daher - Broad Sound Real Estate
Key individuals in the transaction include Yuxin Lyu as the buyer and George Saleh as the seller. The buyer was represented by Rose Hall from Blue Ocean Property Management, while the seller was represented by Nicholas Daher from Broad Sound Real Estate, facilitating the completion of this multifamily property deal.
Players
Malden 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
11.49%
Cash-on-Cash
-3.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93