832 N Edinburgh Ave

The Tuvia Group closed 832 N Edinburgh Avenue, a 10-unit apartment building in the Melrose submarket, for $2 million, or $200,000 per unit and $420.88 per square foot. The transaction faced multiple challenges, including legacy rent-controlled tenants, habitability disputes, unpaid rent, and a tenant seeking more than $25,000 in damages. The team negotiated the tenant’s buyout down to $10,000 and also resolved a City records discrepancy in which the certificate of occupancy reflected only eight of the property's ten units, ultimately keeping the buyer in the transaction and getting the deal closed.