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A rare 26-unit redevelopment opportunity designed by one of Boston’s most prominent architectural firms, The Architectural Team. This prestigious condominium project entailed obtaining approval for new Mixed Use 4 (MU-4) rezoning, reaching four stories in height, and achieves an impressive Floor Area Ratio [FAR] of 2.0 to present a highly desirable opportunity for Greater Boston’s best developers. This transit-oriented property is located directly across the street from the “Newton Highlands” MBTA subway station. Phase one and two environmental phases are complete. Potential developers may customize the building and perform a few simple steps for schematic designs, final permits, and construction documents. Supplemental information is available.

MLS Listing ID: 73058370
Listing Price: $2,500,000
Listing Status: Contingent [?]
Property Type: Multi Family
Bedrooms: 24
Full Baths: 18
Living Space: 27833 sf.
Lot Size: 0.3 acres (13200 sf.)
Parking: Yes
Taxes: $28,606.31
Tax Year: 2022

Listing Current as of December 05, 2022 3:00pm

This listing brought to you by Joseph Marini of Gibson Sotheby's International Realty.

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