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32 34 Gardena Street

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

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.

Players

Jackson Wells

Harvard Real Estate

Broker

$30.4M

vol

24 deals

Broker

Brighton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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