Updated Dec 4, 2024
Geoffrey Lee & David Dobrowolski Facilitate $1.94M Sale Of Boston Multifamily
228 Corey Road
$1,935,500
$520/SF
Building Size
3,716 SF
Asset Type
MultiFamily
Closing
Jun 10, 2024
About this deal
AI
The multifamily property at 228 Corey Road in Boston, MA, was sold for $1,935,500. The property spans 3,716 square feet, resulting in a price per square foot of $521.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,935,500
- Address: 228 Corey Road
- Market: Boston, MA
Geoffrey Lee from The Minuteman Realty Group acted as the buyer's representative in the deal, while David Dobrowolski from Block Realty represented the seller during the transaction.
The multifamily sale at 228 Corey Road in Brighton, Massachusetts sold for $1.9M in 2024. The building is 3,716 square feet, implying about 520 per square foot on the published price. David (Dave) Dobrowolski, Geoffrey Lee, Block Realty, Minuteman Realty Group appear on the sale alongside Block Realty, Minuteman Realty Group. This page is the Brighton, Massachusetts file for the 228 Corey Road multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brighton sit in the Market section below. Filter that Brighton multifamily set by closing date to see what else sold near 228 Corey Road around 2024. Published consideration for 228 Corey Road is $1.9M, dated 2024. Cite this Geoffrey Lee & David Dobrowolski Facilitate $1.94M Sale Of Boston Multifamily sale when underwriting similar multifamily product around Brighton, Massachusetts.
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Brighton 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
8.20%
Cash-on-Cash
-2.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93