Sharpe Venture Group Acquires Multi-Family Property In East Boston For $5.4M

A multi-family property located in East Boston was recently purchased for $5,410,000. The property, situated at 88-90 Bremen and 256-260 Bremen, consists of 15 units and spans approximately 14,160 square feet. With a price per square foot of $382, the transaction was brokered by Evan Griffith and Tony Pepdjonovic of Marcus & Millichap. The buyer, Sharpe Venture Group represented by David Lank and Evan Lank, acquired the property from the sellers, RMD Management represented by Paul Marks, and Avary RTG Inc. represented by Richard Garaffo.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $5,410,000
• Address: 88-90 Bremen & 256-260 Bremen
• Market: East Boston
• Square Footage: 14,160
• Price per Square Foot: $382
• Units: 15

Evan Griffith and Tony Pepdjonovic from Marcus & Millichap facilitated the transaction on behalf of the buyer and seller. The involvement of these key individuals highlights their role in successfully closing the deal.