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73 Halifax Street, Boston, ...

Updated Dec 21, 2023

Ben Resnicow Acquires Multifamily Property In Boston, MA For $1.66M
SOLDMultiFamily

Ben Resnicow Acquires Multifamily Property In Boston, MA For $1.66M

73 Halifax Street, Boston, Jamaica Plain, Massachusetts, USA

$1,657,000

$333/SF

Building Size

4,965 SF

Asset Type

MultiFamily

Closing

Feb 2, 2021

About this deal

AI

Located at 73 Halifax Street in Boston, MA, a multifamily property was recently sold for a total price of $1,657,000. The property spans over 4,965 square feet, resulting in a price per square foot of $334. The sale took place on 02/03/2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,657,000
  • Square Footage: 4,965
  • Price per Square Foot: $334
  • Address: 73 Halifax Street, Boston, MA
  • Market: Boston, MA

The seller's representative for this transaction was Beyond Boston Properties Group - Compass. On the buyer's side, Ben Resnicow from Commonwealth Standard Realty Advisors acted as the buyer's representative. Both parties played crucial roles in the successful completion of this transaction.

Players

Ben Resnicow

Broker

$9M

vol

4 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $333 per square foot on a published $1.7M for 4,965 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.57%

Cash-on-Cash

-2.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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