Bushari Team Acquires Multifamily Property In Brookline, MA For $2.9M
62 Russell Street, Brookline, Massachusetts 02446, United States
$2,900,000
$485/SF
Building Size
5,968 SF
Asset Type
MultiFamily
Closing
Jun 9, 2022
AI
The multifamily property located at 62 Russell St in Brookline, MA has been sold for $2,900,000. The property spans 5,968 square feet, resulting in a price per square foot of $486. This transaction took place on June 10, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Address: 62 Russell St, Brookline, MA
- Market: Brookline, MA
The buyer was represented by The Bushari Team from Compass, while the seller was represented by Mona & Shari Wiener from Hammond Residential Real Estate.
Players
Brookline 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93