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19 Thornton Street

Jhon Gonzalez Purchases Multifamily Property At 19 Thornton Street For $1,355,000 With Juan Cano As Buyer's Representative
SOLDMultiFamily

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

Stephen Girolamo

Horvath & Tremblay

Broker

$326.1M

vol

99 deals

Broker

Revere 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

11.71%

Cash-on-Cash

-3.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93