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
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.
Players
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