facebook

traded

+ Submit
Home

/

Deals

/

Massachusetts

/

Multifamily

/

Sale

/

599 Washington Street, Broo...

Marc Pasciucco Acquires Multifamily Property In Brookline, MA For $1.84M
SOLDMultiFamily

Marc Pasciucco Acquires Multifamily Property In Brookline, MA For $1.84M

599 Washington Street, Brookline, Massachusetts, USA

$1,840,000

$724/SF

Building Size

2,539 SF

Asset Type

MultiFamily

Closing

Oct 29, 2021

AI

Located at 599 Washington Street in Brookline, MA, this multifamily property was recently sold in a closed transaction on October 29, 2021. The property consists of 2 units with a total square footage of 2,539. The sale price for this property was $1,840,000, resulting in a price per square foot of $725.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,840,000
  • Units: 2
  • Price per Unit: $920,000
  • Square Footage: 2,539
  • Price per Square Foot: $725
  • Address: 599 Washington Street, Brookline, MA

Marc Pasciucco served as the buyer for this transaction, while the sellers were Susanna Burns and Emily Ross. Kerrianne Ciccone, representing William Raveis R. E. & Home Services, acted as the buyer's representative. On the other hand, Matthew Petty, from Town Property Group, represented the sellers in the deal.

Players

Matthew Petty

FRAME Residential

Broker

$20.7M

vol

11 deals

Broker

Brookline 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

8.62%

Cash-on-Cash

-2.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93