See Home Value
$4,700,000
↓ $100K (2.1%)
Land - Off Market

11 Faneuil Street

Boston, MA 02135
bedrooms
Studio
bathrooms
0 Bath
$25,550
Estimated Monthly
$0
HOA / Fees
-0.22%
Cap Rate

About This Property

Developers, this one works! Your opportunity to build a 4 story, 42 unit building in a prime Brighton location. Situated on a 19K+ sq/ft lot, the building is beautifully designed w/elements of blonde brick juxtaposed against dark colored siding and 6-light casement windows. The unit mix includes (14) studios, (19) 1 bedrooms, (6) 2 bedrooms and (3) 3 bedroom units and all have either direct access decks or private roofdecks. The project contains 6 IDP affordable units (13%) and ample garage parking. Gross square footage including the garage is +/- 51,000 with an FAR of approximately 41,000 sq/ft. The neighborhood is abuzz with new development, and this property is less than a half mile from Brighton Center, Boston Landing and the Charles River. New construction condominiums in Brighton continue to be absorbed quickly with demand outstripping supply, and no end in sight. Construction plans are in process, see agent for further details and make this your next build.
Unit Size
-
Days on Market
-
Land Size
0.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2,472
HOA Dues
-
Year Built
1899
Last updated: 2 months ago (MLSPIN #73135172)

Price History

Date / Event Date Event Price
Mar 8, 2024 Price Decreased $4,700,000
↓ $100K (2.1%)
Price Decreased
Feb 7, 2024 Relisted $4,800,000
Relisted
Feb 1, 2024 No longer available -
No longer available
Jan 15, 2024 Price Decreased $4,800,000
↓ $300K (5.9%)
Price Decreased
Jan 5, 2024 Price Decreased $5,100,000
↓ $150K (2.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Brick
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,544
  • Total Building Area: 5,200
  • Gross Building Area: 5,200
  • Building Area: 5,200
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: PLAN 16884-D
  • Land Acres: 0.449
  • Standard Land Use Code: Auto repair, auto parts, garage

Ownership

  • Current Owner : WE CLOSE THE DEAL LLC
  • Previous Owner : GOODWIFE LLC
  • Owner Before Previous Owner: SIMON STEVEN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 000202

Zoning

  • Zoning: C

Geography

  • Parcel: BRIG W:22 P:02607 S:000
  • Municipality: BOSTON-BRIGHTON
  • Latitude: 42.3552
  • Longitude: -71.1501

    Address

  • Full Address: 11 Faneuil St
  • Address - House Number: 11
  • Address - Street Name: Faneuil
  • Address - Suffix Type: St
  • State: MA
  • City Name: Brighton
  • Carrier Code: C024
  • 4-Digit Zip Code: 1901
  • Zip Code: 02135

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,391
  • Intital Tax Deliquent Year: 2022

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $6,695,000
  • First Open Lien Mortgage Lender: WINCHESTER SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2023
  • First Open Lien Mortgage Loan Amount: $3,770,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Nov 03, 2053
  • Second Open Lien Mortgage Lender: NORTHERN BK & TR
  • Second Open Lien Mortgage Recording Date: Mar 09, 2018
  • Second Open Lien Mortgage Loan Amount: $2,925,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Mar 09, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,190,900
  • Assessed Land Value: $583,400
  • Assessed Improvements Value: $607,500

    Sales

  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Transaction ID: 11295884440
  • Current Sale Price: $3,748,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 876202
  • Previous Sale Recording Date: Sep 26, 2007
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Land Court (Massachusetts)

    Last Sale Mortgage

  • First Mortgage Lender: NORTHERN BK & TR
  • First Mortgage Transaction Date: Oct 31, 2017
  • First Mortgage Loan Amount: $2,015,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: E CAMBRIDGE SVGS BK
  • Previous Mortgage Transaction Date: Sep 26, 2007
  • Previous Mortgage Loan Amount: $620,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brighton


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Frequently Asked Questions

When was property at 11 Faneuil Street built and last sold?
The property at 11 Faneuil Street was built in 1899 and last sold on Jan 1, 1970 for $3,748,000.
How much is this home worth?
The estimated value of the home located at 11 Faneuil Street is $5,706,500.
What are some comparable homes to 11 Faneuil Street?
There are currently no comparable homes to 11 Faneuil Street.

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