Jhon Gonzalez Purchases Multifamily Property At 19 Thornton Street For $1,355,000 With Juan Cano As Buyer's Representative
19 Thornton Street
$1,355,000
$316/SF
Building Size
4,276 SF
Asset Type
MultiFamily
Closing
May 13, 2026
AI
The property asset involved in this transaction is a multifamily building located at 19 Thornton Street, Revere, MA. The sale price for the asset was $1,355,000. This multifamily property consists of 4 units, with a price per unit of $338,750. The total square footage of the property is 4,276, resulting in a price per square foot of $316.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,355,000
- Address: 19 Thornton Street
- Market: Revere, MA
- Units: 4
- Price Per Unit: $338,750
- Square Footage: 4,276
- Price Per Square Foot: $316
- Buyer: Jhon Gonzalez
- Seller: Alex Westra
- Buyer's Representative: Juan Cano - Broad Sound Real Estate
- Seller's Representative: Stephen Girolamo - Horvath & Tremblay
The deal involved Jhon Gonzalez as the buyer and Alex Westra as the seller. Juan Cano represented the buyer through Broad Sound Real Estate, while Stephen Girolamo represented the seller from Horvath & Tremblay. Each party played a crucial role in the transaction, contributing their expertise to facilitate the successful sale of the multifamily property.
Players
Revere MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.71%
Cash-on-Cash
-3.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93