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37 Wendell Street

Cushman & Wakefield Represents Seller In $18.2 Million Multifamily Sale In Cambridge, MA
SOLDMultiFamily

Cushman & Wakefield Represents Seller In $18.2 Million Multifamily Sale In Cambridge, MA

37 Wendell Street

$18,200,000

$605/SF

Building Size

30,050 SF

Asset Type

MultiFamily

Closing

Sep 30, 2025

AI

The property asset located at 37-41 Wendell Street in Cambridge, MA, is a multifamily asset consisting of 33 units. The sale price for the transaction was $18,200,000, which reflects a price per unit of $551,515. The total square footage of the building is 30,050, resulting in a price per square foot of $605.

Summary of transaction details:

The transaction involved several representatives from Cushman & Wakefield, specifically Christopher Sower, Bruce Lusa, Mary VanNatta, Julie Regan, An Nguyen, and Ryan Mowery, who represented the seller in this multifamily property sale.

Players

Bruce Lusa

Cushman & Wakefield

Broker

$899.9M

vol

62 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Cambridge 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

0.87%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93