Weinstien Associates Acquires Charlestown Multifamily For $3M

This multifamily property located at 5 Adams Street in Charlestown, MA was recently sold in a closed transaction. The property consists of 2 units with a total of 5,200 square feet. The sale price for this transaction was $3,000,000, resulting in a price per unit of $1,500,000 and a price per square foot of $577.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Units: 2
• Price per Unit: $1,500,000
• Square Footage: 5,200
• Price per Square Foot: $577

Weinstien Associates, represented by Peter Weinstein, acted as the buyer in this transaction. The seller was Yieldi. Fortune Realty facilitated the deal, with brokers Ryan Taylor and Justin Pepple representing both parties.