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11 Faneuil St - Approved 42 Unit Development 0.45 Acres of Residential Land Offered at $4,750,000 in Boston, MA 02135



INVESTMENT HIGHLIGHTS
- Premier Location
PROPERTY FACTS
| Price | $4,750,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.45 AC |
| Property Type | Land |
| Price | $4,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.45 AC |
1 LOT AVAILABLE
Lot
| Price | $4,750,000 | Lot Size | 0.45 AC |
| Price Per AC | $10,555,555.56 |
| Price | $4,750,000 |
| Price Per AC | $10,555,555.56 |
| Lot Size | 0.45 AC |
An amazing opportunity to build a 4-story, 42-unit building in a sought-after Brighton location. Construction plans in process. Contact agent for further details regarding delivering with permits.
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. Construction plans in process. Contact agent for further details regarding delivering with permits.
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11 Faneuil St - Approved 42 Unit Development
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