facebook
Traded Co logo
Submit
Daily limit: 0/10

Gary Sherlock Of Venture Acquires Multifamily Property In Boston For $1.11M

Property Image
SOLD
$1,110,000
Markese Daise
Gary Sherlock

Massachusetts

See Similar Deals
MultiFamily3,465 SF
Sold 12/19/2023
the dealplayerscompscontact
Property Image
SOLD

Gary Sherlock Of Venture Acquires Multifamily Property In Boston For $1.11M

27 Bailey Street

See Similar Deals
MultiFamily3,465 SF
Sold 12/19/2023
Markese Daise
Gary Sherlock
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$320
Total Square Footage:3,465 SF
Transaction Type:Sale

A multifamily property located at 27 Bailey Street in Boston, MA, has been sold for $1.11 million. The property spans 3,465 square feet and was purchased at a price of $320 per square foot.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,110,000
  • Address: 27 Bailey Street, Boston, MA
  • Market: Boston, MA

Representing the buyer in this transaction was Gary Sherlock from Venture, while Markese Daise from Stony Brook & Lennox Realty Advisors represented the seller.

Please note that the details provided in this transaction are the extent of the information available.

Players

Markese Daise
Stony Brook & Lennox Realty Advisors
Markese Daise
15 deals$22.4M volume
BROKER
Gary Sherlock
Venture
Gary Sherlock
1 deal$1.1M volume(617) 820-0656
BROKER

Details

SOLD
IMAGE: Gary Sherlock & Markese Daise DATE: 12/19/2023 ADDRESS: 27 Bailey Street MARKET: Boston, MA ASSET TYPE: Multifamily BUYER'S REP: Gary Sherlock - Venture (@_Venture_RE) SELLER'S REP: Markese Daise (@MarkeseDaise__RealEstate) - Stony Brook & Lennox Realty Advisors (@StonyBrookLennoxRealty) SALE PRICE: $1,110,000 SF: 3,465 ~ PPSF: $320 NOTE: A multifamily property at 27 Bailey Street in Boston, MA, changed hands for $1.11 million, with Gary Sherlock of Venture representing the buyer and Markese Daise of Stony Brook & Lennox Realty Advisors representing the seller.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$59,200.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,943.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,261.97
Annual Debt Service$63,143.60