New Mixed-Use Building with
For Lease
$9,700,000
197 Green, Boston, MA 02130
Built in 2022, the property combines 23 apartments with a leased retail unit and in-unit washer/dryer.
Space SizeContact for details
Days on Market52
Property Features for 197 Green
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Commercial
Additional Details
Multifamily Units
23
Taxes and HOA fees
Annual Taxes
$72,671
Building Details
Year Built
2022
Tenancy
Multi
Listing Agency:
City Realty Group
(781) 933-2500
Listed By:
Sean Rose · License #9567526
(617) 751-5119
Source:
Kiklisre
Added: Jul 14
Changed: Aug 27
Last Checked: Sep 2 at 6:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of City Realty Group
Investment Insights
Based on property information with market context.
Built in 2022, this newly constructed mixed-use property includes 23 residential apartments and one retail unit. Residential units feature modern finishes such as cabinets and vanities, stone countertops, all-new appliances and fixtures, ample natural light, and in-unit washer/dryers. The apartment mix consists of five studios, eleven 1-bedroom units, three 2-bedroom units, and four artist live/work lofts. The building also provides a mail room, bike rack room, and a dedicated area for trash and recycling, with all utilities separately metered.
The retail unit is leased to an interior designer through 6/30/28. Six parking spots are available on the premises for additional income. Conveniently located steps to the Orange Line via the MBTA Green Street station.
Current gross income is $810,729.48 annually, and floor plans and pro-forma are available upon request.
The retail unit is leased to an interior designer through 6/30/28. Six parking spots are available on the premises for additional income. Conveniently located steps to the Orange Line via the MBTA Green Street station.
Current gross income is $810,729.48 annually, and floor plans and pro-forma are available upon request.
Key Highlights
- Mixed‑use building built in 2022 with 23 residential apartments and 1 retail unit
- Unit mix: five studios, eleven 1‑bedroom units, three 2‑bedroom units, and four artist live/work lofts
- Retail unit leased to an interior designer through 6/30/28
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,877
Businesses Nearby
Explore this area
Business Placement
Demographics for 02130, MA
38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Built in 2022, the property combines 23 apartments with a leased retail unit and in-unit washer/dryer.
Where is this mixed-use property located?
The property is located at 197 Green Boston, MA.
What is the lease rate?
The lease rate is $9,700,000.
What are key features of this property?
This property features: Mixed‑use building built in 2022 with 23 residential apartments and 1 retail unit; Unit mix: five studios, eleven 1‑bedroom units, three 2‑bedroom units, and four artist live/work lofts; Retail unit leased to an interior designer through 6/30/28
