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Boston & New England  + Boston  + Apartments  | 

Brighton Multifamily Draws Record Pool of Potential Buyers

Marcus & Millichap closed the sale of 15 Euston Rd., a 24-unit multifamily property in Boston’s Brighton neighborhood. The asset sold for $8,875,000.

“Brighton is one of the lowest transactional submarkets in the country for apartment buildings, so it was no surprise that a record number of groups toured this asset,” said Evan Griffith, senior managing director in Marcus & Millichap’s Boston office.

Tony Pepdjonovic, senior managing director, added, “The pride of ownership really shines through in this property, and now more than ever, long-term ownership is rewarded by strong operational history and quality product.”

Pepdjonovic and Griffith marketed the property on behalf of the seller, a private family. They also procured the buyer, a partnership.

15 Euston Rd. is located in Brighton, 0.1 miles from Sutherland Road Station. The 19,200-square-foot property sits on a 0.22-acre lot with off-street parking. It was built in 1962 and has four stories.

Read More News Stories About: Marcus & Millichap
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 19-plus years’ experience covering the commercial real estate industry and 35-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 11-15 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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