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Julius Sokol Acquires Multifamily Property In Salem, MA For $2.63M

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SOLD
$2,625,000

Massachusetts

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MultiFamily19,636 SF
Sold 11/02/2023
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Property Image
SOLD

Julius Sokol Acquires Multifamily Property In Salem, MA For $2.63M

28 Summit Avenue & 277 Lafayette Street

See Similar Deals
MultiFamily19,636 SF
Sold 11/02/2023
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$133
Total Square Footage:19,636 SF
Transaction Type:Sale

A multifamily property located at 28 Summit Avenue & 277 Lafayette Street in Salem, MA has been sold for a total price of $2,625,000. The property consists of 8 units, offering an average price per unit of $328,125. The total square footage of the property is 9,818, resulting in a price per square foot of $267.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,625,000
  • Units: 8
  • Price Per Unit: $328,125
  • Square Footage: 9,818
  • Price Per Square Foot: $267

The buyer of the property is Julius Sokol, while the seller is Alex Steinbergh. The transaction was facilitated by broker Steve Girolamo from Horvath & Tremblay.

Players

Stephen Girolamo
98 deals$324.9M volume(781) 776-4014
BROKER


3 deals$10.3M volume
SELLER

Details

SOLD
IMAGE: Steve Girolamo DATE: 11/02/2023 ADDRESS: 28 Summit Avenue & 277 Lafayette Street MARKET: Salem, MA ASSET TYPE: Multifamily BUYER: Julius Sokol SELLER: Alex Steinbergh BROKER: Steve Girolamo - Horvath & Tremblay SALE PRICE: $2,625,000 UNITS: 8 ~ PPU: $328,125 SF: 9,818 ~ PPSF: $267

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