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:
- Property Type: Multifamily
- Transaction Amount: $13,000,116
- Square Footage: 27,580
- Price per Square Foot: $471
- Address: 31-33 Mellen Street, 35 Mellen Street & 37 Mellen Street
- Market: Cambridge, MA
- Seller's Representatives: Christopher Sower, Bruce Lusa, Andrew Herald, Mary VanNatta, Ryan Mowery, Julie Regan & An Nguyen - Cushman & Wakefield
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
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