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New Mixed-Use Building
For Sale
$9,900,000

197 Green Boston, Boston, MA 02130

Built in 2022, the property includes 23 apartments and a leased retail unit with separate utility metering.

Property SizeContact for details
Days on Market99

Property Features for 197 Green Boston

General Information

Standard status Active
Total Parking Spaces 6
Zoning LI
Net Operating Income $690,378

Additional Details

Multifamily Units 23

Taxes and HOA fees

Annual Taxes $72,671

Amenities

mail room
bike rack room
trash & recycling room

Building Details

Year Built 2022
Listing Agency: City Realty Group
Listed By: Scott Nagy · License #9567526
Source: Milestonerealtyinc
Added: May 7 Changed: Aug 12 Last Checked: Aug 13 at 3:14AM

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.

Newly constructed in 2022, this mixed-use building offers 23 residential apartments and one ground-floor retail unit. Residential interiors feature high-end finishes including modern cabinets and vanities, stone countertops, new appliances and fixtures, and in-unit washer/dryers. The apartment mix includes five studios, eleven 1-bedroom units, three 2-bedroom units, and four artist live/work lofts. Building amenities include a mail room, bike rack room, and a dedicated area for trash and recycling, with all utilities separately metered.

The retail unit is currently leased to an interior designer through 6/30/28. The building includes six parking spots on the premises for additional income. It is described as steps to the Orange Line via the MBTA Green Street station.

For sale as a fully stabilized mixed-use asset, floor plans and pro-forma materials are available upon request.

Key Highlights

  • Fully stabilized mixed‑use building built in 2022 with 23 residential apartments and 1 retail unit
  • Apartment mix: five studios, eleven 1‑bedroom units, three 2‑bedroom units, and four artist live/work lofts
  • Retail unit is leased to an interior designer through 6/30/28

Property Analytics

Current Use

Retail space

Lease Details

23
Residential units

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

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 Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Built in 2022, the property includes 23 apartments and a leased retail unit with separate utility metering.
Where is this mixed-use property located?
The property is located at 197 Green Boston Boston, MA.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: Fully stabilized mixed‑use building built in 2022 with 23 residential apartments and 1 retail unit; Apartment mix: five studios, eleven 1‑bedroom units, three 2‑bedroom units, and four artist live/work lofts; Retail unit is leased to an interior designer through 6/30/28
More about this property
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