SOLD
Whitney Capital Company Acquires Medford Multifamily For $17M
500 Addison Place
MultiFamily
129,000 SF
129,000 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
129,000 sqft
The multifamily property located at 500 Addison Pl. in Medford has been sold in a closed transaction. The sale took place on 12/02/2021, with a sale price of $17,000,000. The property consists of 112 units, resulting in a price per unit of $151,785. Additionally, the property spans 129,000 square feet, making the price per square foot $131.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,000,000
- Units: 112
- Price per Unit: $151,785
- Square Footage: 129,000
- Price per Square Foot: $131
The buyer of the property is Whitney Capital Company, while the seller is The Benjamin Companies. The deal was facilitated by brokers Jack Bick from Charatan Realty and Mike Tuccillo & Nick Tuccillo from Marcus & Millichap.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Jack Bick, Nick Tuccillo & Mike Tuccillo
DATE: 12/02/2021
ADDRESS: 500 Addison Pl.
MARKET: Medford
ASSET TYPE: Multifamily
BUYER: Whitney Capital Company
SELLER: The Benjamin Companies
BROKERS: Jack Bick - Charatan Realty (@Charatan_Realty); Mike Tuccillo (@TheTuccilloGroup) & Nick Tuccillo - Marcus & Millichap (@MarcusMillichap_NY)
SALE PRICE: $17,000,000
UNITS: 112 ~ PPU: $151,785
SF: 129,000 ~ PPSF: $131View on map
Loading...
Address500 Addison Place
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want