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5 Breck Avenue

Breck Cinco LLC Acquires Multi Family Property On Breck Avenue In Boston For $1.75M
SOLDMultiFamily

Breck Cinco LLC Acquires Multi Family Property On Breck Avenue In Boston For $1.75M

5 Breck Avenue

$1,750,000

$399/SF

Building Size

4,383 SF

Asset Type

MultiFamily

Closing

Aug 31, 2022

AI

Located at 5 Breck Avenue in Boston, MA, this multi-family property was recently sold in a transaction facilitated by Compass and Frame Residential. The property consists of 3 units with a total square footage of 4,383. The sale price for this property was $1,750,000, resulting in a per unit price of $583,333 and a price per square foot of $399.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $1,750,000
  • Units: 3
  • Price per unit: $583,333
  • Square Footage: 4,383
  • Price per square foot: $399
  • Address: 5 Breck Avenue, Boston, MA

The buyer, Breck Cinco LLC, was represented by Shalini Shahani from Compass, while the seller, Seamus Hill, was represented by Matthew Petty from Frame Residential.

Players

Matthew Petty

FRAME Residential

Broker

$20.7M

vol

11 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93