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485 Pleasant Street

Dan Pouladian & Sara Pouladian Of Northshore Realty Advisors Procure Buyer For Multifamily Sale In Melrose For $18.75M
SOLDMultiFamily

Dan Pouladian & Sara Pouladian Of Northshore Realty Advisors Procure Buyer For Multifamily Sale In Melrose For $18.75M

485 Pleasant Street

$18,750,000

$391/SF

Building Size

47,956 SF

Asset Type

MultiFamily

Closing

Apr 30, 2025

AI

The asset involved in the transaction is a multifamily property located at 485 Pleasant Street in Melrose, MA. The sale price of the property was $18,750,000, spanning a total area of 47,956 square feet, equating to a price per square foot of $390.

Summary of transaction details:

Dan and Sara Pouladian, representing North Shore Realty Advisors, procured the buyer for the Pleasant Street Portfolio. North Shore Realty Advisors extends congratulations to all parties involved in the transaction.

Players

Dan Pouladian

Northshore Realty Advisors

Broker

$304.3M

vol

68 deals

Broker

Melrose 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

0.85%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93