 (2).jpg)
News: Front Section
Posted: April 14, 2023
Mott & Chace Sotheby’s International Realty sells Narragansett, R.I. property for $2.225m
Narragansett, RI Mott & Chace Sotheby’s International Realty has completed the sale of 65 Gibson Ave. for $2.225 million. The buyers were represented by Susan Radesca and The Soby Fox Team of Mott & Chace Sotheby’s International Realty, and the sellers were represented by David Carty of Carty Realty.
According to data available from the Multiple Listing Service, this is the third highest sale in Narragansett in 2023 to date.
Built in 1888, the historic Louis Sherry Cottage known as “Sunnyside” is located on Kentara Green in the pier and was designed by architects McKim, Mead & White.
“We are just so excited for our clients,” said Radesca. “This property offers the perfect mix of historic charm and detail, together with the creature comforts of modern updates – and all just blocks from the Atlantic Ocean.”
“The care that was taken in honoring the history of this home while adding fantastic summer spaces such as the wraparound porch and the carriage house is truly extraordinary,” said Soby.
“This is a classic and timeless coastal New England cottage.”
Agents of Mott & Chace Sotheby’s International Realty are highly successful, dedicated, and accomplished professionals focused on providing clients with the best service in the industry.
Tags:
Front Section
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,
Quick Hits
.png)
Columns and Thought Leadership
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.
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
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.
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:
