News: Front Section

Denenberg and Blacker of Denenberg Realty broker
$6.175 million sale of a 13-unit mixed-use apartment building

377 West Broadway - South Boston, MA

South Boston, MA Denenberg Realty Advisors has sold a 13-unit mixed-use apartment building at 377 West Broadway for $6.175 million. Neil Denenberg and Jonathan Blacker represented the sellers, 377 West Broadway Realty Trust and John Federico of Greater Metropolitan Real Estate represented the buyers, 42 North Capital LLC in this transaction.

Neil Denenberg, Denenberg Realty Advisors

 

Jonathan Blacker, Denenberg Realty Advisors

 

Neil 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 rates still very low and the interest in these types of properties very high. This is an ideal time to contact us about your property.”

Denenberg Realty Advisors is very active in the sale of multi-family, office, retail and industrial properties as well as land deals in the Northeast and welcome buyer and sellers to contact them.

MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid: