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65 Pleasant Street, Brookli...

Updated Dec 21, 2023

Red Tree Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M
SOLDMultiFamily

Red Tree Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M

65 Pleasant Street, Brookline, Massachusetts 02446, United States

$2,325,000

$544/SF

Building Size

4,269 SF

Asset Type

MultiFamily

Closing

Feb 21, 2022

About this deal

AI

A multifamily property located at 65 Pleasant St in Brookline, MA has recently been sold for $2,325,000. The property spans 4,269 square feet, resulting in a price per square foot of $543.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $2,325,000
  • Square Footage: 4,269
  • Price per Square Foot: $543
  • Address: 65 Pleasant St, Brookline, MA
  • Market: Brookline, MA

The buyer's representative for this transaction was Nicole Stabnikov from Red Tree Real Estate, while the seller's representative was Connie Kickham from Coldwell Banker Realty - Newton.

Players

Nicole Stabnikov

Red Tree Real Estate

Broker

$19M

vol

14 deals

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $544 per square foot on a published $2.3M for 4,269 square feet (2022).

Visit Nicole Stabnikov to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.82%

Cash-on-Cash

-1.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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