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James Cohen Acquires Multifamily In Quincy For $25.45M

Property Image
SOLD
$25,450,000
Julie Regan
Kevin Jones
+ 4

Massachusetts

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MultiFamily49,857 SF
Sold 03/20/2024
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Property Image
SOLD

James Cohen Acquires Multifamily In Quincy For $25.45M

23 Bridge Street

See Similar Deals
MultiFamily49,857 SF
Sold 03/20/2024
Julie Regan
Kevin Jones
+ 4
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$510
Total Square Footage:49,857 SF
Transaction Type:Sale

The multifamily property located at 23 Bridge Street in Quincy, MA, was sold for $25,450,000. The property consists of 60 units with a price per unit of $424,167. The total square footage of the property is 49,857, equating to a price per square foot of $510.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $25,450,000
  • Units: 60
  • Price Per Unit: $424,167
  • Square Footage: 49,857
  • Price Per Square Foot: $510
  • Address: 23 Bridge Street
  • Market: Quincy, MA

The sale of the property was facilitated by the brokers Christopher Sower, Bruce Lusa, John Flaherty, Jonathan Bryant, Kevin Jones, Julie Regan, and Mary VanNatta from Cushman & Wakefield. The buyer, James Cohen, was represented by Comar Real Estate Trust, while the seller was Boston Property Development.

Players

Bruce Lusa
62 deals$899.9M volume(617) 448-6308
BROKER

John Flaherty
JLL
56 deals$797.1M volume(617) 997-1557
BROKER

Jon Bryant
JLL
57 deals$804.6M volume(508) 505-0832
BROKER

Christopher Sower
Cushman & Wakefield
79 deals$1B volume
BROKER

Kevin Jones
Cushman & Wakefield
47 deals$736.3M volume
BROKER

Julie Regan
Cushman & Wakefield
42 deals$491M volume
BROKER

Mary VanNatta
Cushman & Wakefield
42 deals$491M volume
BROKER

Details

SOLD
IMAGE: Christopher Sower, Bruce Lusa, John Flaherty, Jonathan Bryant, Kevin Jones, Julie Regan & Mary VanNatta DATE: 03/20/2024 ADDRESS: 23 Bridge Street MARKET: Quincy, MA ASSET TYPE: Multifamily BUYER: James Cohen - Comar Real Estate Trust SELLER: Boston Property Development (@BostonPropertyDevelopment) BROKERS: Christopher Sower (@CSower1), Bruce Lusa, John Flaherty (@J_Flaherty5), Jonathan Bryant (@Jay_Bry1__), Kevin Jones (@KmJones004), Julie Regan & Mary VanNatta - Cushman & Wakefield (@CushWake) SALE PRICE: $25,450,000 UNITS: 60 ~ PPU: $424,167 SF: 49,857 ~ PPSF: $510

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