A deed was recorded Friday (February 26th) in the Middlesex South Registry of Deeds transferring ownership of the six-unit residential building at 14 Second Street in East Cambridge. Buyer is Lighty Yellow LLC, a limited liability company registered to Jason Korb, Principal of local developer Capstone Communities. Sale price was $2,350,000. Sale deed is posted below:
14 Second Street is located adjacent to Lechmere Yard and Lechmere Station on the MBTA Green Line. The 72,000 square foot yard and station site will likely be redeveloped with Lechmere Station's future relocation as part of the Green Line Extension project.
Capstone Communities is currently co-developing Port Landing, a 100% affordable 20-unit residential building at 131 Harvard Street in Cambridge's Kendall Square neighborhood. Port Landing broke ground on December 20th, 2015.