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142-144 Old Colony Ave
Boston, MA 02127
Multifamily Property For Sale
·
19 Units


Investment Highlights
- Brand-New, 100% Leased Multi-Family Asset
- Modern On-Site Amenities & Complementary Retail
- Condominium-Quality Apartment Units
- Dynamic, Transit-Oriented Urban Location
Executive Summary
Newmark’s Boston Capital Markets Group has been exclusively retained to sell 144 Old Colony Avenue, a boutique multi-family asset in the heart of South Boston, one of Greater Boston’s most dynamic and supply-constrained neighborhoods.
Delivered in 2023, the property comprises 19 thoughtfully designed apartments situated above a ground-floor leased retail suite and secure garage parking. Residential units feature efficient studio and one-bedroom layouts finished to a condominium-quality standard, catering to today’s urban renter seeking modern design, convenience, and accessibility.
The property is ideally located within walking distance of both the Andrew and Broadway MBTA Red Line Stations, providing direct
access to Downtown Boston, Kendall Square, and the Seaport District. Its transit-oriented location also places residents near South
Boston’s premier restaurants, retail destinations, and nightlife along Broadway.
With its best-in-class construction, proven leasing performance, and highly coveted location, 144 Old Colony Avenue represents a
premier opportunity to acquire a boutique, transit-oriented multi-family community in one of Boston’s most desirable, high barrier to-
entry submarkets.
Delivered in 2023, the property comprises 19 thoughtfully designed apartments situated above a ground-floor leased retail suite and secure garage parking. Residential units feature efficient studio and one-bedroom layouts finished to a condominium-quality standard, catering to today’s urban renter seeking modern design, convenience, and accessibility.
The property is ideally located within walking distance of both the Andrew and Broadway MBTA Red Line Stations, providing direct
access to Downtown Boston, Kendall Square, and the Seaport District. Its transit-oriented location also places residents near South
Boston’s premier restaurants, retail destinations, and nightlife along Broadway.
With its best-in-class construction, proven leasing performance, and highly coveted location, 144 Old Colony Avenue represents a
premier opportunity to acquire a boutique, transit-oriented multi-family community in one of Boston’s most desirable, high barrier to-
entry submarkets.
Property Facts
| Sale Type | Investment | Lot Size | 0.43 AC |
| No. Units | 19 | Building Size | 15,218 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2023 |
| Building Class | B | Parking Ratio | 0.59/1,000 SF |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 15,218 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 2023 |
| Parking Ratio | 0.59/1,000 SF |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Tile Floors
- Kitchen
- Hardwood Floors
- Ice Maker
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Views
- Freezer
Site Amenities
- Fitness Center
- On-Site Retail
- Bicycle Storage
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,850,700 | |
| Land Assessment | $1,298,500 | Total Assessment | $6,149,200 |
Property Taxes
Parcel Numbers
Land Assessment
$1,298,500
Improvements Assessment
$4,850,700
Total Assessment
$6,149,200
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