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Sing Fat Cheung Acquires Multifamily Property From James Patrick Hughes For $1.369M In Brighton MA

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SOLD
$1,369,000

Massachusetts

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MultiFamily3,260 SF
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SOLD

Sing Fat Cheung Acquires Multifamily Property From James Patrick Hughes For $1.369M In Brighton MA

32 34 Gardena Street

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MultiFamily3,260 SF
Sold
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$419
Total Square Footage:3,260 SF
Transaction Type:Sale

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.

Players

Jackson Wells
Harvard Real Estate
Jackson Wells
24 deals$30.4M volume
BROKER

Details

SOLD
IMAGE: Jackson Wells DATE: 03/28/2025 ADDRESS: 32-34 Gardena Street MARKET: Brighton, MA ASSET TYPE: Multifamily BUYER: Sing Fat Cheung SELLER: James Patrick Hughes SELLER'S REP: Jackson Wells (@WacoWells) - Harvard Real Estate (@Harvard.Real.Estate) SALE PRICE: $1,369,000 UNITS: 2 ~ PPU: $684,500 SF: 3,260 ~ PPSF: $419

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,863.78
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