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Historic Brownstone Apartment Building
For Sale
$9,995,000
Pending

249 Commonwealth Avenue, Boston, MA 02116

Brownstone apartment building with city views and an outlook over the Commonwealth Avenue Mall.

Property Size9,140 SF
Days on Market167

Property Features for 249 Commonwealth Avenue

General Information

Standard status Pending
Size 9,140 SF
Total Parking Spaces 6
Property subtype Multi-family / 5-9 Family
Zoning A
Net Operating Income $57,000

Taxes and HOA fees

Annual Taxes $34,023

Amenities

City/Town Sewer, Public
No, .00
No
.00
City View(s), Yes

Building Details

Year Built 1900
Construction brownstone
Listing Agency: Serhant
Listed By: Michael Carucci · License #137353
Source: Compass
Added: Mar 19 Changed: Aug 31 Last Checked: Aug 30 at 11:14PM

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 Serhant

Investment Insights

Based on property information with market context.

This 9,140-square-foot apartment building at 249 Commonwealth Avenue is a 1900 brownstone with historic architectural character and city views. The property overlooks the Commonwealth Avenue Mall and occupies a prominent position within the building’s residential setting.

Located between Fairfield Street and Gloucester Street in Boston’s Back Bay, the property is near Newbury Street, the Charles River Esplanade, Copley Square, and the Prudential Center. The surrounding area provides access to shops, dining, and transportation, while the address places the building along Commonwealth Avenue.

Key Highlights

  • 9,140‑square‑foot apartment building constructed in 1900
  • Classic brownstone architecture with historic character
  • Overlooks the Commonwealth Avenue Mall

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Restaurant Parking Lot & Garage Pharmacy Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brownstone apartment building with city views and an outlook over the Commonwealth Avenue Mall.
Where is this apartment building located?
The property is located at 249 Commonwealth Avenue Boston, MA.
What is the asking price?
The asking price for this property is $9,995,000.
What are key features of this property?
This property features: 9,140‑square‑foot apartment building constructed in 1900; Classic brownstone architecture with historic character; Overlooks the Commonwealth Avenue Mall
More about this property
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