The property asset involved in this transaction is an eight-unit multifamily building located at 59 Endicott Street, Boston, MA. It was sold for $4,000,000, which equates to a price per unit of $500,000. The total square footage of the property is 5,112, resulting in a price per square foot of $782.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Units: 8
• Square Footage: 5,112
• Price Per Unit: $500,000
• Price Per Square Foot: $782
• Date of Transaction: 5/15/2025
• Broker Representative: Giancarlo Tiberi - Core Property Group

Giancarlo Tiberi, Principal of Core Property Group, represented both the buyer and seller in this transaction. Core Property Group is recognized as a market leader in the multifamily asset sector in Greater Boston and manages assets worth $200 million. The firm brings 20 years of experience, providing clients with comprehensive property management, leasing, and development services, tailored to navigate various market cycles.