| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 12/29/23 |
| Issuer: |
| Issuer CIK: 746514 |
| Issuer Name: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP |
| Issuer Trading Symbol: NEN |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1036437 |
| | Owner Name: BROWN RONALD |
| Reporting Owner Address: |
| | Owner Street 1: NEW ENGLAND REALTY ASSOCIATES LP |
| | Owner Street 2: 39 BRIGHTON AVENUE |
| | Owner City: ALLSTON |
| | Owner State: MA |
| | Owner ZIP Code: 02134 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: PRESIDENT |
| | Other Text: |
| Aff 10b5 One: 1 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: NEN Units of General Partnership Interest |
| | Transaction Date: |
| | | Value: 12/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1.5 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 2,091.17 |
| Footnote ID: F3 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 293.5 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Close-Held Corporation |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: NEN Class B Units of Limited Partnership Interest |
| | Transaction Date: |
| | | Value: 12/29/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: J |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 28.4 |
| | | Transaction Price Per Share: |
| Value: 2,091.17 |
| Footnote ID: F3 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,578.3 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: Pursuant to the Partnership's equity repurchase program, as renewed and reauthorized by the Board of Directors of the General Partner on March 9, 2020 and as further described in the Partnership's Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2020, the Partnership repurchased 28.4 Class B Units of Limited Partnership Interest directly beneficially owned by the reporting person and 1.5 Units of General Partner Interest from the general partner of the Partnership that are indirectly beneficially owned by the reporting person. |
| Footnote - F2: Amounts reported represent 75% of the securities owned by the close-help corporation (which corporation is the general partner of the Partnership) based upon the reporting person's 75% equity interest in the corporation. |
| Footnote - F3: The purchase price of the Units of General Partner Interest was equal to the $69.71 purchase price of the Depositary Receipts (each of which represents one-thirtieth of a Class A Unit of the Partnership) contemporaneously repurchased by the Partnership pursuant to its equity repurchase program. |
| Owner Signature: |
| Signature Name: /s/ Ronald Brown |
| Signature Date: 1/3/24 |
