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29 G Street

Peter Lou Acquires Multifamily Asset At 29 G Street South Boston From Greg Goldman For $1.56M
SOLDMultiFamily

Peter Lou Acquires Multifamily Asset At 29 G Street South Boston From Greg Goldman For $1.56M

29 G Street

$1,560,000

$1,065/SF

Building Size

1,464 SF

Asset Type

MultiFamily

Closing

Sep 4, 2025

AI

The property involved in this transaction is a multifamily asset located at 29 G Street, South Boston, MA. The sale price was $1,560,000, and the property consists of 2 units totaling 1,464 square feet, resulting in a price per unit of $780,000 and a price per square foot of $1,065.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,560,000
  • Units: 2
  • Square Footage: 1,464
  • Price Per Unit: $780,000
  • Price Per Square Foot: $1,065
  • Buyer: Peter Lou
  • Seller: Greg Goldman
  • Broker: Giancarlo Tiberi - Core Property Group

This transaction was facilitated by Giancarlo Tiberi, Principal of Core Property Group, who represented both the buyer and seller. Core Property Group is noted for its leadership in the multifamily asset sector within Greater Boston and has a portfolio managing assets valued at $200 million, supported by 20 years of industry experience in property management, leasing, and development services.

Players

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker
Core Property Group
Core Property GroupBrokerage

South Boston 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

10.17%

Cash-on-Cash

-2.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93