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44 Concord Square, Boston, ...

Benjamin Sacco Acquires Apartment Building In Boston For $5.1M
SOLDMultiFamily

Benjamin Sacco Acquires Apartment Building In Boston For $5.1M

44 Concord Square, Boston, Massachusetts 02118, United States

$5,100,000

$1,141/SF

Building Size

4,469 SF

Asset Type

MultiFamily

Closing

Jun 6, 2022

AI

The apartment located at 44 Concord Sq in Boston, MA has been sold in a recent transaction. The property spans 4,469 square feet and was sold for a price of $5,100,000, resulting in a price per square foot of $1,141.

Summary of Transaction Details

  • Property Type: Apartment
  • Transaction Amount: $5,100,000
  • Address: 44 Concord Sq, Boston, MA
  • Market: Boston, MA
  • Square Footage: 4,469

Benjamin Sacco has acquired the apartment from Bruce A. Percelay in this transaction.

Players

Bruce A. Percelay

Mount Vernon Company

Broker

$99.1M

vol

4 deals

Broker
Bruce A. Percelay

Bruce A. Percelay

Seller

$99.1M

vol

4 deals

Seller

Boston 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

3.11%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93