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Cushman & Wakefield Represents Seller In $8.5M Multifamily Development Sale In Cambridge MA

Property Image
SOLD
$8,500,000
Julie Regan
Andrew Herald
+ 4

Massachusetts

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Retail15,120 SF
Sold 10/28/2025
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Property Image
SOLD

Cushman & Wakefield Represents Seller In $8.5M Multifamily Development Sale In Cambridge MA

1740 Massachusetts Avenue

See Similar Deals
Retail15,120 SF
Sold 10/28/2025
Julie Regan
Andrew Herald
+ 4
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$562
Total Square Footage:15,120 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily development located at 1740 Massachusetts Avenue in Cambridge, MA. The sale price of the property is $8,500,000, encompassing a total area of 12,425 square feet, which translates to a price per square foot of $684.

Summary of transation details:

The transaction involved key representatives from Cushman & Wakefield, who facilitated the sale. This team includes professionals Christopher Sower, Bruce Lusa, Ryan Mowery, An Nguyen, Mary VanNatta, Julie Regan, and Andrew Herald, all of whom played significant roles in the representation of the seller throughout the process.

Players

Bruce Lusa
62 deals$899.9M volume(617) 448-6308
BROKER

Christopher Sower
Cushman & Wakefield
79 deals$1B volume
BROKER

Andrew Herald
Cushman & Wakefield
16 deals$346M volume(617) 850-9619
BROKER

Julie Regan
Cushman & Wakefield
42 deals$491M volume
BROKER

Mary VanNatta
Cushman & Wakefield
42 deals$491M volume
BROKER

Ryan Mowery
Cushman & Wakefield
9 deals$116.5M volume(617) 204-4151
BROKER

An Nguyen
Cushman & Wakefield
9 deals$116.5M volume(951) 427-0985
BROKER

Cushman & Wakefield
BROKERAGE

Details

SOLD
IMAGE: Andrew Herald, Christopher Sower, Bruce Lusa, Ryan Mowery, An Nguyen, Mary VanNatta & Julie Regan DATE: 10/28/2025 ADDRESS: 1740 Massachusetts Avenue MARKET: Cambridge, MA ASSET TYPE: Multifamily Development SELLER'S REP: Christopher Sower (@CSower1), Bruce Lusa, Ryan Mowery, An Nguyen, Mary VanNatta, Julie Regan & Andrew Herald - Cushman & Wakefield (@CushWake) SALE PRICE: $8,500,000 SF: 12,425 ~ PPSF: $684

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$453,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04