Jay Goldberg Purchases MultiFamily Assets For $9.2M With Broker Stephen Girolamo In Beverly MA
39 Railroad Avenue, 5 Pleasant Street, 80 Cabot Street & 84 Cabot Street
$9,200,000
$464/SF
Building Size
19,829 SF
Asset Type
MultiFamily
Closing
Apr 13, 2026
AI
This transaction involves a multi-family asset located at 39 Railroad Avenue, 5 Pleasant Street, 80 Cabot Street, and 84 Cabot Street in Beverly, MA. The property features 33 units, with a total square footage of 19,829 and a price per unit of $278,788. The sale price for the property was $9,200,000, resulting in a price per square foot of $464.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $9,200,000
- Units: 33
- Price per Unit: $278,788
- Square Footage: 19,829
- Price per Square Foot: $464
- Buyer: Jay Goldberg
- Seller: Noah Hano
- Broker: Stephen Girolamo - Horvath & Tremblay
- Date of Transaction: 4/14/2026
- Market: Beverly, MA
Jay Goldberg acted as the buyer in this transaction, while Noah Hano was the seller. The broker representing the transaction was Stephen Girolamo from Horvath & Tremblay, facilitating the sale between the two parties.
Players
Beverly 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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93