Updated Dec 21, 2023
Keller Williams Realty Boston-Metro | Back Bay Sells Multifamily Property In Boston, MA For $6.4M
34 Union Park, Boston, Massachusetts 02118, United States
$6,400,000
$1,021/SF
Building Size
6,268 SF
Asset Type
MultiFamily
Closing
Sep 28, 2022
About this deal
AI
The multifamily property located at 34 Union Park in Boston, MA has been sold. The transaction took place on September 29, 2022. The property consists of 5 units with a total square footage of 6,268. The sale price for the property was $6,400,000, resulting in a price per unit of $1,280,000 and a price per square foot of $1,021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Units: 5
- Price per Unit: $1,280,000
- Square Footage: 6,268
- Price per Square Foot: $1,021
The sale was facilitated by the Steven Cohen Team from Keller Williams Realty Boston-Metro | Back Bay. They represented the seller in the transaction.
Players
Boston 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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93