A newly built multifamily building at 92-102 Sagamore Avenue in Quincy, MA, has been sold for $3 million. The asset consists of 6 units with a total square footage of 6,170, resulting in a price per unit of $500,000 and a price per square foot of $486. The property includes high-efficiency systems and custom kitchens, providing room for rent growth compared to similar local buildings.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Units: 6
• Square Footage: 6,170
• Price Per Unit: $500,000
• Price Per Square Foot: $486
• Buyer's Representative: Danny Zheng - Keller Williams
• Seller's Representative: Stephen Egan - Egan Realty Group

The deal was facilitated by Danny Zheng of Keller Williams as the buyer's representative and Stephen Egan of Egan Realty Group representing the seller. Both agents played crucial roles in executing this transaction, ensuring a smooth process for both parties involved.