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News: Front Section
Posted: March 7, 2013
Denenberg of Denenberg Realty Advisors arranges $1.85 million multifamily sale
Denenberg Realty Advisors were the exclusive brokers on the sale of a four family house located at 797 Washington St.
The property was a very sought after building with large units that accomplished a price significantly above the asking price. There were over 50 buyers at the open house and Denenberg received many offers from them. The asking price was $1.75 million and Denenberg sold the property for $1.85 million. The seller was Mh Danesh, LLC and the buyer is Bing Hou.
Neil Denenberg represented both the buyer and seller in this transaction. He sold this property within weeks of listing the building and all parties are happy with the result.
Denenberg said "We see a very positive trend in the multi-family market in Brookline and the surrounding areas and look to bring to market several other assets of major value in the near future."
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