Ye Zhu Acquires Multifamily Asset In Cambridge For $8.65M With Siyin Qu And Horvath & Tremblay

The property asset involved in the transaction is a multifamily building located at 660-674 Cambridge Street, Cambridge, MA. The transaction was concluded at a sale price of $8,650,000, encompassing a total of 14 units. The square footage of the asset is 15,294, resulting in a price per unit (PPU) of $617,857 and a price per square foot (PPSF) of $565.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,650,000
• Units: 14
• Square Footage: 15,294
• Price Per Unit: $617,857
• Price Per Square Foot: $565
• Buyer: Ye Zhu
• Buyer's Representative: Siyin Qu - EXP Realty
• Seller's Representatives: Dennis Kelleher & John Pentore - Horvath & Tremblay
• Date of Sale: 12/16/2024

This transaction involved key representatives from the brokerage sector, with Siyin Qu representing the buyer Ye Zhu, while the seller was represented by Dennis Kelleher and John Pentore. The activity showcases collaboration among several real estate professionals within the Cambridge market.