News: Front Section

Girolamo of Horvath & Tremblay arranges $5.876 million multifamily sale

77 Green Street - Lynn, MA

Lynn, MA Stephen Girolamo of Horvath & Tremblay has arranged the sale of 77 Green St. Girolamo represented seller to close the property at a sale price of $5.876 million. The three-story brick building contains 27 units comprised of 17 one-bedroom/one-bathroom units, four two-bedroom/one-bathroom unit, and six studio units in 19,296 s/f of living area (25,728 s/f of gross area), on a 0.245 acre parcel.

The property is located on a residential street at the edge of downtown. The location is walkable to dining, drinking, shopping, cultural and entertainment amenities including the Stop & Shop, Central Sq., Price-Rite, BayRidge Hospital and North Shore Community College.

77 Green is also located near Rtes. 1A, 107 and 129A. Multiple MBTA bus routes, including 436, 441, 442, 455 and 456, stop near the property, providing local access throughout the North Shore including to the nearby commuter rail stations.

Commuter rail service to Boston is available 0.5 miles from the property at the Central Sq. commuter rail station.

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
Columns and Thought Leadership
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:
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.
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.