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45 Carlton Street

Giancarlo Tiberi Of Core Property Group Represents Buyer In Brookline Multifamily Sale For $5.2M
SOLDMultiFamily

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:

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

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker

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