11 Faneuil St - Apartments FOR SALE


Brighton, MA 02135
$4,500,000 USD
617-290-7428
11 Faneuil St, Brighton, MA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

11 Faneuil St
Brighton, MA 02135


HIGHLIGHTS

  • ZBA approved development opportunity for a 4 story, 42 unit building
  • Prime Brighton location, close to Brighton Center, Boston Landing and the Charles River
  • Make this your next build!

OVERVIEW

Developers, this one works! Your opportunity to build a 4 story, 42 unit residential building in a prime Brighton location. Situated on a 19K+ sq/ft lot, the building is beautifully designed w/elements of blonde brick juxtaposed against dark colored siding and 6-light casement windows. The unit mix includes (14) studios, (19) 1 bedrooms, (6) 2 bedrooms and (3) 3 bedroom units and all have either direct access decks or private roofdecks. The project contains 6 IDP affordable units (13%) and ample garage parking. Gross square footage including the garage is +/- 51,000 with an FAR of approximately 41,000 sq/ft. The neighborhood is abuzz with new development, and this property is less than a half mile from Brighton Center, Boston Landing and the Charles River. New construction condominiums in Brighton continue to be absorbed quickly with demand outstripping supply, and no end in sight. Construction plans are in process, see agent for further details and make this your next build.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$108 USD /SF

# OF UNITS

42

PRICE/UNIT

$107,143

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

-

APN/PARCEL ID

BRIG-000000-000022-002607

ASK ABOUT THIS PROPERTY

Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

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Scott JohnsonWilliam Raveis Real Estate, The Residential GroupMore Info
617-290-7428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.