NAI Hunneman has brokered the sale of 59-75 Wyman St. located in the Waban neighborhood of the city to Sarben Realty Corp. for $3.48 million.
NAI Hunneman brokers Carl Christie, executive vice president and principal, along with investment sales specialist Dan McGee and associate Henry Lieber, also represented the seller, Waban Realty, LLC, in the transaction.
59-75 Wyman St. is comprised of 3 five-unit brick apartment buildings. The 15-unit complex was built around 1945 and contains all 2-bedroom / 1 bath units. The property was 100% occupied at the time of sale. In addition to having off street parking, the site is located near the MBTA's Green Line.
"We were able to achieve the seller's price expectations without going to the market," said Christie.
"The buyer was adding to their portfolio in Newton and recognized the excellent location of this asset."
NAI Hunneman's Investment Services Group, which includes Robert Tito, David Ross, Carl Christie, Scott Dragos, Doug Jacoby, Gina Barroso, Dan McGee, Mitch Levey, Henry Lieber and Robert Tito Jr., specializes in the representation of both owners and purchasers of investment properties in Greater Boston and throughout New England.
About NAI Hunneman:
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 5,000 professionals and 350 offices in 55 countries throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. NAI offices around the world complete over $45 billion in transactions annually, and manage over 200 million square feet of commercial space.