Updated Dec 4, 2024
Quintess Real Estate Acquires Multifamily Property In Brookline, MA For $2.3M
71 Harvard Avenue
$2,300,000
$425/SF
Building Size
5,402 SF
Asset Type
MultiFamily
Closing
Jan 2, 2024
About this deal
AI
A multifamily property located at 71 Harvard Avenue in Brookline, MA, has changed hands for $2.3 million. The property is a 5,402 square foot multifamily asset. The price per square foot for this transaction is $426.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Address: 71 Harvard Avenue, Brookline, MA
- Market: Brookline, MA
- Buyer's Representative: Janet Qin - Quintess Real Estate
- Seller's Representative: The Apex Team - Apex Realty Group, LLC
The buyer, represented by Janet Qin from Quintess Real Estate and the seller's representative, The Apex Team of Apex Realty Group, LLC, facilitated the deal.
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93