MA > Boston
Boston, MA 02118,111 East Brookline
Boston, MA 02118,111 East Brookline
Boston, MA 02118,111 East Brookline
Boston, MA 02118,111 East Brookline
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Antonio Illas

Antonio Illas

+1(857) 354-9178
$ 7,500,000
Est. payment | /mo

39 Beds

29 Baths

22,050 SqFt

Save
$ 7,500,000
Est. payment | /mo
Save

39 Beds

29 Baths

22,050 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 22,050 sqft

Price per Sqft $340

MLS Listing ID 73422100

Bedrooms 39

Full Baths 29

Year Built 1899

Annual Tax Amount $27,104

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type 5-9 Family

Property Description

Rare opportunity for shovel ready 24 unit Multi family development in downtown Boston's premier South End Neighborhood. The plans call for the restoration of this prominent 5 Story brick Mansard perfectly situated at the corner of East Brookline & Albany St, as well as a 6th story & roofdeck addition. The approved project consists of (5) 3 bedroom 2 bathroom, (5) 2 bedroom plus dens, & (14) 1 bedroom homes with the Garden level home to bike room & storage. Approved for the downtown boston office to residential conversion program, the property will benefit from a 75% tax abatement for 29 years, substantially boosting NOI, & should benefit from new office to residential conversion tax credit. Here is your opportunity to build to an unheard of cap rate in a premier Boston Proper neighborhood. Rare opportunity to own a generational asset in premier Boston location, while benefiting from Substantial day 1 equity upon completion. Interior Demolition already Complete.

Location

State MA

County Suffolk

Area South End

Zoning A

Direction Albany St to E Brookline

Rooms

Basement Full

Exterior

Waterfront Description Harbor,1/2 to 1 Mile To Beach

Garage No

Building

Lot Description Corner Lot

Story 6

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Riverfront REALTORS®
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(857) 354-9178

aillas@aisellshomes.com

25 Messenger St, Plainville , Massachusetts, 02762, USA

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111 East Brookline