Marcus & Millichap Represents Seller In $6.55M Sale Of 10-Unit Multifamily In Cambridge
Massachusetts
See Similar DealsMarcus & Millichap Represents Seller In $6.55M Sale Of 10-Unit Multifamily In Cambridge
23 Hammond Street & 25 Hammond Street
See Similar DealsSummary
A 10-unit apartment building located at 23–25 Hammond Street in Cambridge, MA has been sold for a total price of $6.55 million. This property was on the market for the first time in over a century, reflecting its unique market position and the demand for multifamily assets in the area. The price per unit for this sale was approximately $655,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,550,000
- Units: 10
- Price Per Unit: $655,000
- Address: 23-25 Hammond Street
- Market: Cambridge, MA
- Brokers: Evan Griffith & Tony Pepdjonovic - Marcus & Millichap
This transaction involved Marcus & Millichap, who represented the seller and successfully secured a private buyer for the property. The expertise of Evan Griffith and Tony Pepdjonovic played a crucial role in facilitating this deal, highlighting their ability to navigate the complexities of the market.
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