Sing Fat Cheung Acquires Multifamily Property From James Patrick Hughes For $1.369M In Brighton MA
32 34 Gardena Street
$1,369,000
$419/SF
Building Size
3,260 SF
Asset Type
MultiFamily
Closing
Mar 28, 2025
AI
The property involved in this transaction is a multifamily asset located at 32-34 Gardena Street in Brighton, MA. It comprises 2 units within a total square footage of 3,260, and the sale price was set at $1,369,000, translating to a price per unit of $684,500 and a price per square foot of $419.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,369,000
- Units: 2
- Square Footage: 3,260
- Price Per Unit: $684,500
- Price Per Square Foot: $419
- Buyer: Sing Fat Cheung
- Seller: James Patrick Hughes
- Seller's Representative: Jackson Wells - Harvard Real Estate
- Date of Sale: 03/28/2025
Sing Fat Cheung acquired the property from James Patrick Hughes, with Jackson Wells representing the seller in this transaction. The transaction concluded on March 28, 2025.
Brighton 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
11.59%
Cash-on-Cash
-3.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93