90 Saint Botolph St
90 Saint Botolph St, Boston, MA, 02116
$5,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Nov 19, 2023
AI
The property involved in this transaction is a brownstone apartment building located at 90 Saint Botolph St, Boston, MA, 02116. The building is situated in the Boston market and features a total of 10 units, which includes eight one-bedroom apartments and two studio apartments. At the time of the sale, the property was fully occupied, and it was sold for $5,000,000.00.
Summary of transaction details:
- Property Type: Apartment Building
- Transaction Amount: $5,000,000.00
- Address: 90 Saint Botolph St, Boston, MA, 02116
- Market: Boston
- Seller's Representative: Carl Christie, Dan McGee
- Buyer: 16 Pinckney Street LLC
- Seller: 90 St. Botolph LLC
Carl Christie and Dan McGee of NAI Hunneman represented the seller in this transaction while also procuring the buyer. Their involvement facilitated a smooth transaction between 90 St. Botolph LLC and 16 Pinckney Street LLC.
Players
Boston 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93