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3 High Street Place, Brookl...

Jesse Flynn Conley Acquires Multifamily Property In Brookline, MA For $2.8M
SOLDMultiFamily

Jesse Flynn Conley Acquires Multifamily Property In Brookline, MA For $2.8M

3 High Street Place, Brookline, Massachusetts 02445, United States

$2,825,000

$501/SF

Building Size

5,638 SF

Asset Type

MultiFamily

Closing

Dec 15, 2021

AI

Located at 3-5 High Street Pl in Brookline, MA, this multifamily property was recently sold in a closed transaction. The property spans an area of 5,638 square feet and was sold for a total price of $2,825,000, resulting in a price per square foot of $501.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,825,000
  • Address: 3-5 High Street Pl, Brookline, MA
  • Market: Brookline, MA

Jesse Flynn Conley represented the buyer in this transaction, while Carleton Ashley of Compass acted as the seller's representative.

Players

Jesse Flynn

Conley

Broker

$5.7M

vol

3 deals

Broker

Brookline 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

5.62%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93