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71 Harvard Avenue

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

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

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

Janet Qin

Quintess Real Estate

Broker

$2.3M

vol

1 deal

Broker

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