Updated Oct 25, 2024
Tasneem Dohadwala Acquires Multifamily Property In Boston For $3.6M
5 Battery St Boston, MA 02109, USA
$3,625,000
$604/SF
Building Size
6,000 SF
Asset Type
MultiFamily
Closing
Jun 7, 2023
About this deal
AI
A multifamily property located at 5 Battery Street in Boston, MA has been sold for a price of $3,625,000. The property consists of 6 units, with an average price per unit of $604,167. The total square footage of the property is 6,000, with a price per square foot of $604. The transaction took place on 06/07/2023.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,625,000
- Units: 6
- Price per Unit: $604,167
- Square Footage: 6,000
- Price per Square Foot: $604
Tasneem Dohadwala has purchased the property from Fred Bijou. The brokers involved in the deal are John Federico and Ryan Quinn from Grove Property Group.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit John Federico to view all their deals.
Browse Massachusetts multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.38%
Cash-on-Cash
-1.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93