Updated Dec 4, 2024
Compass Acquires Multifamily Property In Boston For $2.6M Featuring Matthew Diozzi & Maria Renda
25 Fleet Street
$2,625,000
$579/SF
Building Size
4,527 SF
Asset Type
MultiFamily
Closing
Nov 28, 2023
About this deal
AI
A multifamily property located at 25 Fleet Street in Boston, MA, has recently been sold for a total of $2,625,000. The property spans across 4,527 square feet, resulting in a price per square foot of $580.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,625,000
- Address: 25 Fleet Street, Boston, MA
- Market: Boston, MA
- Buyer's Representative: Matthew Diozzi - Compass
- Seller's Representative: Maria Renda - Anzalone Realty
- Square Footage: 4,527
- Price Per Square Foot: $580
In the transaction, Matthew Diozzi from Compass represented the buyer, while Maria Renda, a representative from Anzalone Realty, acted as the seller's representative.
Players
Boston 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
6.04%
Cash-on-Cash
-1.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93