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365 WESTERN AVE Boston MA 02135-1091

[Locked] • APN BRIG W:22 P:00563 S:020

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Details
Property Type Multifamily
Sub Type Apartment Building
Building SqFt 67,728
Lot SqFt 15,000
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code A
Year Built 2023
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Multifamily
Property Subtype
Apartment Building
Marketing Description

Newmark’s Boston Capital Markets Team has been exclusively retained to sell 365 Western Ave, a 57-unit luxury apartment community delivered in 2024 and currently undergoing lease-up in the vibrant Brighton neighborhood of Boston, Massachusetts. Designed to offer urban sophistication and convenience at its finest, 365 Western Ave features one- to three-bedroom floor plans, some of which include a den/office, with upscale finishes and modern community amenities such as secure garage parking, bicycle storage and a roof deck with views of the Boston skyline. 365 Western Ave further boasts an exceptional location on Western Avenue, a bustling mixed-use corridor with walkability to a wealth of lifestyle amenities and daily conveniences, and adjacent to walking/biking paths along the scenic Charles River Greenway. The asset also benefits from superior positioning at the cross-section of Boston’s Allston-Brighton innovation hub, an urban live/work oasis highlighted by millions of square feet of brand-new and upcoming retail, hospitality, housing, education and office/laboratory developments. These attractive locational attributes combine to provide 365 Western Ave with a dynamic residential environment that offers perpetual, growing multi-family demand.

Please visit the link below for more information.

https://properties.nmrk.com/365-western-avenue-boston-sale

Investment Highlights

Brand-New Apartment Community

Delivered in 2024 and currently 92% leased, the asset encompasses 57 luxury apartment units with one- to three[1]bedroom layouts, some of which include a den/office, and sleek interiors complemented by modern community amenities including secure garage parking, bicycle storage and a roof deck with views of the Boston skyline

Bustling Residential & Retail Corridor

Western Avenue has flourished with multi-family developments and street-level retail openings in recent years, creating a vibrant residential corridor surrounded by walkable amenities including restaurants, fitness clubs, a grocery store and the adjacent Charles River Greenway

Fast-Growing Mixed-Use Destination

Surrounded by approximately 5.5 million square feet of brand[1]new and upcoming office, life science, hospitality, residential and retail inventory within three synergistic developments: Harvard University’s Enterprise Research Campus, a highly anticipated innovation hub; Boston Landing, a highly successful mixed-use complex; and Allston Yards, which is currently underway

University Connection

Aside from Harvard University’s upcoming Enterprise Research Campus, the prestigious institution maintains an established footprint in the neighborhood, which serves as the longstanding home of its top-ranked graduate school and hosts more than one million square feet of athletic facilities for its 40+ Division I undergraduate sports teams

Urban Gateway Location

Situated just west of the urban core with immediate access to the Charles River Greenway’s bicycle trails connecting to Cambridge and Downtown Boston, walkability to an MBTA commuter rail station with stops in the Back Bay and Downtown Boston and drivability to Interstate 90/Massachusetts Turnpike, the primary east-west highway traversing the surrounding region

Strong Local Demographics

Surrounded by one-, three- and five-mile population counts of 30,700 people, 441,000 people and 917,600 people, respectively, with corresponding average household incomes of $123,200, $165,100 and $169,100.

Sale Date
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Sold Price
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Buyer Borrower 1 Name
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Buyer Borrower 1 Relationship Type
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Mortgage Recording Date
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Document Number
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Mortgage Interest Rate
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Recording Book
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Recording Page
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Resale Flag
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Seller 1 Corp Indicator
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Seller 1 Name
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
CV
Casey Valente PRO
•••.•••.8603
•••••.•••ente@••••.com
Brokerage logo
Listing removed on
 BY:
JA
Joseph Alvarado PRO
•••.•••.8147
••••••.••••rado@••••.com
Brokerage logo

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