Alon Lupo Purchases Multifamily Asset From Matthew Damon For $2.51M In Worcester MA
2 Henchman Street
$2,510,000
$166/SF
Building Size
15,075 SF
Asset Type
MultiFamily
Closing
Nov 18, 2025
AI
The property asset involved in this transaction is a multifamily property located at 2 & 2 1/2 Henchman Street & 8 Moen Street in Worcester, MA. The sale price of the property was $2,510,000, encompassing a total of 13 units. The overall square footage of the asset is 15,075, translating to a price per unit of $193,077 and a price per square foot of $167.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,510,000
- Buyer: Alon Lupo
- Seller: Matthew Damon
- Broker: Ethan Lazar - Horvath & Tremblay
- Units: 13
- Square Footage: 15,075
- Price Per Unit: $193,077
- Price Per Square Foot: $167
This transaction involved Alon Lupo as the buyer and Matthew Damon as the seller, facilitated by broker Ethan Lazar from Horvath & Tremblay who represented the seller in this deal.
Players
Worcester 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
6.32%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93