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13-Unit Mixed-Use Apartment Building in Boston Sold for $6.17 Million

Neil Denenberg

BOSTON–Denenberg Realty Advisors recently sold a 13-unit mixed-use apartment building on West Broadway in South Boston for $6,175,000.

Neil Denenberg and Jonathan Blacker of Denenberg Realty Advisors represented the sellers, 377 West Broadway Realty Trust. John Federico of Greater Metropolitan Real Estate represented the buyers, 42 North Capital LLC in this transaction.

Mr. Denenberg, president of Denenberg Realty Advisors, said: “Denenberg put out a “Call-For-Offers” on this property and got well over 50 inquiries and received numerous offers. This marketing strategy was well suited for this property. The multi-family market is very hot right now with the interest ratesstill very low and the interest in these types of properties very high.”

Denenberg Realty Advisors is active in the sale of multi-family, office, retail and industrial properties as well as land deals in the Northeast.

 

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