111 East Brookline, Boston, MA 02118
Local realty services provided by:ERA The Castelo Group
111 East Brookline,Boston, MA 02118
$7,500,000
- 39 Beds
- 29 Baths
- 22,050 sq. ft.
- Multi-family
- Active
Listed by:gregory mccarthy
Office:riverfront realtors®
MLS#:73422100
Source:MLSPIN
Price summary
- Price:$7,500,000
- Price per sq. ft.:$340.14
About this home
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.
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Home facts
- Year built:1899
- Listing ID #:73422100
- Updated:August 30, 2025 at 10:34 AM
Rooms and interior
- Bedrooms:39
- Total bathrooms:29
- Full bathrooms:29
- Living area:22,050 sq. ft.
Structure and exterior
- Year built:1899
- Building area:22,050 sq. ft.
- Lot area:0.08 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,500,000
- Price per sq. ft.:$340.14
- Tax amount:$27,104 (2025)
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