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23 Beale Street

Stony Brook & Lennox Realty Advisors Acquires Multifamily Property In Boston MA For $1.363M
SOLDMultiFamily

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

Markese Daise

Stony Brook & Lennox Realty Advisors

Broker

$22.4M

vol

15 deals

Broker

Dorchester Center 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

11.64%

Cash-on-Cash

-3.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93