May 29, 2019 – Steve Giralomo, Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of 428 Saratoga Street in East Boston, Massachusetts. The multi-family property sold for $825,000.
428 Saratoga Street, situated in short walking distance to the Wood Island T-Stop with direct access to Downtown Boston, is a value-add, multi-family, investment property containing three, three bedroom/one bathroom apartments in 3,474 square feet of living area. The asset is located on an urban-infill residential street in the Lower Eagle Hill neighborhood near Route 1A. East Boston is a high density, urban neighborhood of Boston with a population of approximately 46,655. The apartment building was acquired by Volnay Capital, a real estate development company located in Boston.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.