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Marcus & Millichap Sells Development Site In Swampscott, MA For $1.6M

12-24 Pine Street
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This Development Site property located in MA was sold for $1,593,000 over 2 years ago. The brokers of the deal were John Craig, Luigi Lessa, Mark Lyman, and Harrison Klein

The development site located at 12-24 Pine Street in Swampscott, MA has been sold in a recent transaction. The property encompasses a total of 34 units and spans approximately 15,000 square feet. The sale took place on 12/02/2021, with a sale price of $1,593,000. This translates to a price per square foot of $106.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $1,593,000
  • Units: 34
  • Address: 12-24 Pine Street, Swampscott, MA
  • Market: Swampscott, MA

The buyers of this development site were represented by Harrison Klein, Luigi Lessa, and Mark Lyman from Marcus & Millichap. On the other hand, John Craig, also from Marcus & Millichap, represented the sellers in this transaction.

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Deals
  • Location
    12-24 Pine Street, Swampscott, Massachusetts, USA12-24 Pine Street, Swampscott, Massachusetts, USA
  • Sale Price
    $1,593,000$1,593,000
    $106 PPSF$106 PPSF
  • Area
    15,000 SF15,000 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

John Craig

John Craig

Deals8
Sold$24.8M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Luigi Lessa, Harrison Klein, John Craig & Mark Lyman DATE: 12/02/2021 ADDRESS: 12-24 Pine Street MARKET: Swampscott, MA ASSET TYPE: Development Site ~ UNITS: 34 BUYERS REP: Harrison Klein, Luigi Lessa & Mark Lyman - Marcus & Millichap (@MarcusMillichap_NewEngland) SELLERS REP: John Craig - Marcus & Millichap SALE PRICE: $1,593,000 SF: 15,000 ~ PPSF: $106

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12-24 Pine Street

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