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413 Boston Street

Peter Graziani Sells Lynn Multifamily For $2.665M With Brokers Stephen Girolamo And Nicholas Daher
SOLDMultiFamily

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:

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

Nicholas Daher

Broad Sound Real Estate

Broker

$41.6M

vol

13 deals

Broker
Horvath & Tremblay
Horvath & TremblayBrokerage

Lynn 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

5.95%

Cash-on-Cash

-1.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93