Cushman & Wakefield Represents Seller In $6.27M Multifamily Sale In Somerville MA

The property asset involved in the transaction is a multifamily building located at 43 Pitman Street in Somerville, MA. The sale concluded at a price of $6,270,000 and comprises 10 units, translating to a per unit price of $627,000. The total square footage of the property is 12,892, resulting in a price per square foot of $486.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,270,000
• Units: 10
• Price Per Unit: $627,000
• Square Footage: 12,892
• Price Per Square Foot: $486
• Seller's Representatives: Christopher Sower, Jonathan (Jon) Bryant, John Flaherty, Bruce Lusa, Julie Regan & Mary VanNatta - Cushman & Wakefield

The deal involved multiple key individuals from Cushman & Wakefield representing the seller, showcasing a collaborative effort among the brokers. This transaction reflects the involvement of a well-structured team in the completion of the sale.