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40 Ames Avenue

Updated Oct 23, 2026

 Purchases Multifamily Asset At 40 Ames Avenue Canton For $6.7M From Peter Genta
SOLDMultiFamily

Purchases Multifamily Asset At 40 Ames Avenue Canton For $6.7M From Peter Genta

40 Ames Avenue

$6,700,000

$285/SF

Building Size

23,496 SF

Asset Type

MultiFamily

Closing

Aug 19, 2026

About this deal

AI

The property asset involved in the transaction is a multi-family building located at 40 Ames Avenue in Canton, MA. The property was sold for $6,700,000 and consists of 18 units. The total square footage of the asset is 23,496, resulting in a price per unit of $372,222 and a price per square foot of $285.

Summary of transaction details:

The key individuals involved in the deal include the seller, Peter Genta, and the brokers representing the transaction, Jim Casey, Francis Saenz, and Drew Kirkland from NorthEast Private Client Group. Their roles facilitated the successful transfer of the property asset in this multi-family transaction.

On the Map

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$6,700,000

$285/SF

MultiFamily

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Players

Drew Kirkland

NorthEast Private Client Group

Broker

$101.5M

vol

19 deals

Broker

Peter Genta

Seller

$6.7M

vol

1 deal

Seller

Canton MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $285 per square foot on a published $6.7M for 23,496 square feet (2026).

Visit Jim Casey to view all their deals.

Browse Canton multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.37%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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