Updated Dec 23, 2025
Peter Graziani Sells Lynn Multifamily For $2.665M With Brokers Stephen Girolamo And Nicholas Daher
413 Boston Street
$2,665,000
$276/SF
Building Size
9,630 SF
Asset Type
MultiFamily
Closing
Dec 11, 2025
About this deal
AI
This multifamily property, located at 413 Boston Street & 8 Carnes Street in Lynn, MA, was sold for $2,665,000. The asset comprises a total of 12 units, with a price per unit of $222,083. The total square footage of the property is 9,630, leading to a price per square foot of $276.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,665,000
- Units: 12
- Price Per Unit: $222,083
- Square Footage: 9,630
- Price Per Square Foot: $276
- Seller: Peter Graziani
- Broker Representatives: Stephen Girolamo - Horvath & Tremblay, Nicholas Daher - Broad Sound Real Estate
Stephen Girolamo from Horvath & Tremblay and Nicholas Daher from Broad Sound Real Estate acted as the broker representatives for this transaction, facilitating the deal on behalf of the seller, Peter Graziani.
On the Map
$2,665,000
$276/SF
MultiFamily
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Lynn 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
5.95%
Cash-on-Cash
-1.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93