facebook
Traded Co logo
Submit

Steven M. Cohen & Bruce H. Withey Acquire Multifamily Property In Boston For $4.3M

Property Image
SOLD
$4,300,000

Massachusetts

See Similar Deals
MultiFamily4,338 SF
Sold 08/17/2021
the dealplayerscompscontact
Property Image
SOLD

Steven M. Cohen & Bruce H. Withey Acquire Multifamily Property In Boston For $4.3M

72 West Rutland Square, Boston, MA, USA

See Similar Deals
MultiFamily4,338 SF
Sold 08/17/2021
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$991
Total Square Footage:4,338 SF
Transaction Type:Sale

The multifamily property located at 72 W Rutland Sq in Boston, MA has been sold for $4,300,000. The property spans 4,338 square feet, resulting in a price per square foot of $991.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,300,000
  • Address: 72 W Rutland Sq, Boston, MA
  • Market: Boston, MA
  • Buyer: Steven M. Cohen & Bruce H. Withey
  • Seller: Frederick Knabe & Louise Knab

The buyers, Steven M. Cohen and Bruce H. Withey, have purchased the property from Frederick Knabe and Louise Knab. The transaction marks the successful transfer of ownership for the multifamily asset.

Players

6 deals$585.7M volume
BUYER

3 deals$9.8M volume
BUYER

Details

SOLD
IMAGE: 08/17/2021 ADDRESS: 72 W Rutland Sq MARKET: Boston, MA ASSET TYPE: Multifamily BUYER: Steven M. Cohen & Bruce H. Withey SELLER: Frederick Knabe & Louise Knab SALE PRICE: $4,300,000 SF: 4,338 ~ PPSF: $991

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$229,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33