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
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.
Players
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