Updated Nov 24, 2025
Bob Sharzi Purchases Multifamily Asset At 148 Liberty Street Lynn For $4.6 Million
148 Liberty Street
$4,600,000
$274/SF
Building Size
16,736 SF
Asset Type
MultiFamily
Closing
Nov 5, 2025
About this deal
AI
The property involved in this transaction is a multifamily asset located at 148 Liberty Street, Lynn, MA. It was sold for a total price of $4,600,000, comprising 24 units with a price per unit of $191,666. The total square footage of the asset is 16,736, translating to a price per square foot of $274.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,600,000
- Units: 24
- Price Per Unit: $191,666
- Square Footage: 16,736
- Price Per Square Foot: $274
- Buyer: Bob Sharzi
- Seller: Bernie Zeisig
- Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors
Northshore Realty Advisors acted as the exclusive agent to the Seller, successfully procuring the Buyer for this transaction. The firm expresses congratulations to all parties involved in this noteworthy deal.
On the Map
$4,600,000
$274/SF
MultiFamily
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Players
Lynn 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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93