Giancarlo Tiberi Of Core Property Group Represents Buyer In Brookline Multifamily Sale For $5.2M
45 Carlton Street
$5,200,000
$860/SF
Building Size
6,040 SF
Asset Type
MultiFamily
Closing
Apr 10, 2025
AI
The property asset involved in the transaction is located at 45 Carlton Street in Brookline, MA. This multifamily asset sold for $5,200,000, featuring 9 units across a total of 6,040 square feet. The price per unit stands at $577,777, while the price per square foot is $860. The property comprises 1 studio one bath unit, 7 one bedroom one bath units, and 1 two bedroom one bathroom unit, along with 8 off-street parking spaces.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,200,000
- Address: 45 Carlton Street
- Market: Brookline, MA
- Total Units: 9
- Price Per Unit: $577,777
- Square Footage: 6,040
- Price Per Square Foot: $860
- Buyer’s Representative: Giancarlo Tiberi - Core Property Group
- Seller’s Representatives: Ryan Foley & Ryan Bartlett - Greater Metropolitan Real Estate
The deal showcases Giancarlo Tiberi representing the buyer, while Ryan Foley and Ryan Bartlett represent the seller. This transaction is noted as an investment opportunity with strong potential, particularly for investors seeking income-generating assets in an area known for its limited inventory.
Players
Brookline 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93