Updated Dec 4, 2024
Lior Rozhansky Acquires Multifamily Property In Boston With Seller's Rep Alp Kantar
50 Crescent Avenue
$1,230,000
$370/SF
Building Size
3,321 SF
Asset Type
MultiFamily
Closing
Jun 12, 2024
About this deal
AI
Located at 50 Crescent Avenue in Boston, MA, this multifamily property was sold for $1,230,000. The three-decker consists of 11 beds and 3 baths spread across 3,321 sq ft. Situated in Boston’s Savin Hill neighborhood, this property presents a lucrative investment opportunity due to its convenient access to the UMass/JFK train station and the Southeast Expressway.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,230,000
- SF: 3,321
- PPSF: $370
- Address: 50 Crescent Avenue
- Market: Boston, MA
The buyer, Lior Rozhansky from Keller Williams, represented the purchasing party in this transaction, while the seller was represented by Alp Kantar from Boston Brokerage Group.
On the Map
$1,230,000
$370/SF
MultiFamily
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Dorchester 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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93