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198 200 Maverick Street

Updated Feb 21, 2025

David Dobrowolski Of Block Realty Represents Buyer In $5.6M East Boston Multifamily Sale
SOLDMultiFamily

David Dobrowolski Of Block Realty Represents Buyer In $5.6M East Boston Multifamily Sale

198 200 Maverick Street

$5,600,000

$542/SF

Building Size

10,318 SF

Asset Type

MultiFamily

Closing

Feb 19, 2025

About this deal

AI

The multifamily asset located at 198-200 Maverick Street in East Boston, MA, has been sold for $5,600,000. This property consists of 8 units, offering a price per unit of $700,000. The total square footage of the building is 10,318, resulting in a price per square foot of $542.

Summary of transaction details:

David Dobrowolski from Block Realty represents the buyer in this transaction, while Nicoletta Longo from Century 21 represents the seller. Their roles highlight the collaboration between the parties involved in finalizing this real estate deal.

On the Map

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$5,600,000

$542/SF

MultiFamily

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Players

Nicoletta Longo

Century 21

Broker

$10.4M

vol

4 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $542 per square foot on a published $5.6M for 10,318 square feet (2025).

Visit Nicoletta (Nico) Longo to view all their deals.

Browse Boston multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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