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57 Commonwealth Ave 16 Unit Apartment Building $23,000,000 ($1,437,500/Unit) Boston, MA 02116
Executive Summary
Situated on the sunny side of Commonwealth Avenue, one of Boston’s most prestigious and architecturally significant streets, 57 Commonwealth Avenue presents a rare opportunity to own a classic Back Bay brownstone in an unparalleled location. Nestled on a coveted block, lined with grand residences and mature trees, this distinguished property offers timeless character, exceptional scale, and tremendous long-term value. Whether viewed as a legacy investment, an income-producing asset, or a redevelopment opportunity, properties of this caliber and location seldom come to market. Steps from the Public Garden, Newbury Street, the Charles River Esplanade, and Boston’s finest dining and shopping, 57 Commonwealth Avenue embodies the elegance and enduring appeal that have made Back Bay one of the country’s most sought-after neighborhoods. A true trophy property on one of Boston’s most iconic boulevards.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $23,000,000 | Building Class | B |
| Price Per Unit | $1,437,500 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 10,165 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1874 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.2/1,000 SF |
| Price | $23,000,000 |
| Price Per Unit | $1,437,500 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 10,165 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1874 |
| Parking Ratio | 0.2/1,000 SF |
Amenities
Unit Amenities
- Bay Window
- Views
- Basement
- Floor to Ceiling Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | CBOS-000000-000005-002888 | Total Assessment | $4,532,600 |
| Land Assessment | $1,757,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,775,400 | Tax Year | 2025 |
Property Taxes
Parcel Number
CBOS-000000-000005-002888
Land Assessment
$1,757,200
Improvements Assessment
$2,775,400
Total Assessment
$4,532,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Presented by
Sterling Beacon Hill
57 Commonwealth Ave
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