Stony Brook & Lennox Realty Advisors Acquires Multifamily Property In Boston MA For $1.363M
23 Beale Street
$1,363,000
$312/SF
Building Size
4,365 SF
Asset Type
MultiFamily
Closing
Sep 26, 2023
AI
23 Beale Street is a 4,365 square foot multifamily property located in Boston, MA. It was recently sold for $1.363 million, with a price per square foot of $312. The transaction took place on September 26, 2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,363,000
The buyer's representative in this deal was Markese Daise of Stony Brook & Lennox Realty Advisors. On the other hand, Danielle Bing of Gibson Sotheby's International Realty represented the seller.
It is worth noting that Markese Daise of Stony Brook & Lennox Realty Advisors actively participated as the buyer's representative in the transaction of 23 Beale Street, a multifamily property in Boston, MA. Similarly, Danielle Bing, a professional realtor from Gibson Sotheby's International Realty, effectively represented the seller in this deal.
Players
Dorchester Center 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
11.64%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93