Updated Dec 4, 2024
Multifamily Property At 66 Brook Street In Quincy, MA Sells For $1.2M With Buyer's Rep Jack Liang & Seller's Rep Nancy Kleber
66 Brook Street
$1,200,000
$293/SF
Building Size
4,095 SF
Asset Type
MultiFamily
Closing
Dec 22, 2023
About this deal
AI
In Quincy, a multifamily property located at 66 Brook Street was sold for $1,200,000. The property spans across 4,095 square feet, resulting in a price per square foot of $293.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Address: 66 Brook Street
- Market: Quincy, MA
- Buyer's Representative: Jack Liang - Liang Properties
- Seller's Representative: Nancy Kleber - Coldwell Banker
- Square Footage: 4,095
- Price per Square Foot: $293
Jack Liang from Liang Properties represented the buyer in the transaction, while Nancy Kleber from Coldwell Banker represented the seller. This successful deal demonstrates the effectiveness of their brokerage expertise in the Quincy market.
Players
Quincy 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93