News: Owners Developers & Managers

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.

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