Financial
Distress signals
Property profile

50 Silsbee St Lynn, MA 01901

OFF-MARKET
Showrooms
Property ID
US38-0818905
6,280 SF 1.09 ac lot Built 1950
Last sale Jun 2021 · $3,399,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Onyx, a Class A, six-story apartment building in Lynn, Massachusetts, presents a unique redevelopment opportunity. This fully permitted 180,674 square foot complex boasts 129,468 square feet of net rentable area, housing 182 units: 36 studios, 61 one-bedroom, 12 one-bedroom with dens, and 72 two-bedroom apartments, plus one commercial unit suitable for a cafe or restaurant. The asking price is $12,285,000, translating to $68 per square foot and $67,500 per unit. Conveniently located

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$881k
Assessed land$630k
Assessed improvement$251k
Effective rate2.02%

Value estimate

· Sep 2026
$3.56M
$3.20M – $3.91M
AI approach$3.79M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$142/SF
Submarket average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$69 – $217
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBD
JurisdictionLYNN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility15.5
Tech Support Center12.4
Acupuncture12.3

Location

50 Silsbee St Lynn, MA 01901-1411
County assessor Recorded deeds · 3 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
50 Central, Lynn, MA 01901 $2,428,000 Dec 2025 9,200 SF
597 Essex, Lynn, MA 01901-1041 $1,500,000 Dec 2024 6,110 SF
93-95 Munroe, Lynn, MA 01901 $1,500,000 Sep 2023 7,270 SF
197 Un, Lynn, MA 01901-1312 $217,500 Apr 2023 4,250 SF
110-114 Central, Lynn, MA 01901 $65,000 Aug 2021 4,172 SF
98 Market, Lynn, MA 01901-1115 $300,000 Feb 2019 7,350 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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