11 Faneuil Street, Boston, MA 02135

$4,750,000

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List Price
$4,750,000
Price Change
▼ $250,000 1759866862
Status
UNDER AGREEMENT
MLS#
73364928
Lot Size (Acres)
0.45

Property Description

Premier Location! An amazing opportunity to build a 4-story, 42-unit building in a sought-after Brighton location. Situated on a 19K+ sqft lot, the building is impeccably designed with w/elements of blonde brick juxtaposed against dark-colored siding and 6-light casement windows. The unit mix includes 14 studios, 19 one bedroom, 6 two bedrooms, and 3 three bedroom units. All have either direct access decks or private roof decks! The project contains 6 IDP affordable units (13%) with generous garage parking. Gross sqft including the garage is approximately 51,000 with an FAR of roughly 41,000 sqft. The neighborhood is exuberant with new developments, 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 an extremely strong demand that outstrips the current supply, and no end in sight based on the current existing projects slated. Construction plans in process.

Additional Information

Area
Brighton
Taxes
$30,577
Lot Description
Easements
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Frank Celeste from Listing Office: Gibson Sotheby's International Realty.

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