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35 Davis Avenue, Brookline,...

Updated Dec 21, 2023

The Gillach Group Acquires Multifamily Property In Brookline, MA For $3M
SOLDMultiFamily

The Gillach Group Acquires Multifamily Property In Brookline, MA For $3M

35 Davis Avenue, Brookline, Massachusetts, USA

$3,000,000

$599/SF

Building Size

5,001 SF

Asset Type

MultiFamily

Closing

Jun 25, 2020

About this deal

AI

A multifamily property located at 35 Davis Ave in Brookline, MA was recently sold for a price of $3,000,000. The transaction took place on June 25, 2021, and the property spans 5,001 square feet, with a price per square foot of $600. The sale was facilitated by Concierge Home Sales By the Kerzner Group - Hammond Residential Real Estate, representing the seller, and The Gillach Group - William Raveis R. E. & Home Services, representing the buyer.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Address: 35 Davis Ave, Brookline, MA
  • Market: Brookline, MA
  • Square Footage: 5,001
  • Price per Square Foot: $600

The seller's representative in the deal was Concierge Home Sales By the Kerzner Group - Hammond Residential Real Estate, while The Gillach Group - William Raveis R. E. & Home Services acted as the buyer's representative. This successful transaction highlights the involvement of key individuals and companies who played significant roles in the sale of the multifamily property at 35 Davis Ave in Brookline, MA.

Players

Mary Gillach

William Raveis Real Estate

Broker

$3M

vol

1 deal

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $599 per square foot on a published $3M for 5,001 square feet (2020).

Visit William Raveis Real Estate to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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