Conan Sullivan And Michael Sullivan Acquire Multifamily Asset At 24 Bentley Street For $2.3M
24 Bentley Street
$2,300,000
$479/SF
Building Size
4,800 SF
Asset Type
MultiFamily
Closing
Aug 5, 2025
AI
The asset involved in the transaction is a multifamily property located at 24 Bentley Street in Brighton, MA. The sale price was $2,300,000, and the property spans 4,800 square feet, resulting in a price per square foot of $479.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 24 Bentley Street
- Market: Brighton, MA
- Total Square Footage: 4,800
- Price Per Square Foot: $479
- Buyer: Conan Sullivan & Michael Sullivan
- Seller: Paul Platt
- Broker: Jackson Wells - Harvard Real Estate
The deal was facilitated by broker Jackson Wells, representing both the buyer and encompassing the broader negotiation aspects between Conan Sullivan, Michael Sullivan, and seller Paul Platt.
Players
Brighton 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93