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31 33 Mellen Street

Cushman & Wakefield Represents Seller In $13M Multifamily Sale In Cambridge, MA
SOLDMultiFamily

Cushman & Wakefield Represents Seller In $13M Multifamily Sale In Cambridge, MA

31 33 Mellen Street, 35 Mellen Street & 37 Mellen Street

$13,000,116

$471/SF

Building Size

27,580 SF

Asset Type

MultiFamily

Closing

Dec 30, 2025

AI

The assets involved in the transaction include three multifamily properties located at 31-33 Mellen Street, 35 Mellen Street, and 37 Mellen Street in Cambridge, MA. The total sale price for these properties was $13,000,116, with a total square footage of 27,580, resulting in a price per square foot of $471.

Summary of transaction details:

The transaction involved multiple representatives from Cushman & Wakefield, acting on behalf of the seller, demonstrating a coordinated effort in facilitating the sale of the multifamily properties in a competitive market.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Cambridge 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

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93