Newly Constructed Apartment
For Sale
Contact for pricing
431 Melnea Cass Boulevard, Boston, MA 02119
New 50-unit apartment community with 4,000 square feet of commercial space and on-site parking.
Property SizeContact for details
Days on Market67
Property Features for 431 Melnea Cass Boulevard
General Information
Standard status
Active
Class
A
Total Parking Spaces
25
Property subtype
Multifamily
Investment Type
Stabilized
Additional Details
Multifamily Units
50
Building Details
Year Built
2019
Buildings
1
Units
50
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Boston, Massachusets
(617) 330-6966
Listed By:
Bruce Lusa · License #MA 9043867
Source:
Crexi
Added: Jun 17
Changed: Aug 17
Last Checked: Aug 22 at 6:19AM
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 Cushman & Wakefield - Boston, Massachusets
Investment Insights
Based on property information with market context.
The Melnea is a newly constructed, 50-unit apartment community with approximately 4,000 square feet of commercial space. Apartment interiors include quartz countertops, stainless steel appliances, tile backsplashes, and in-unit washers and dryers. The community also features skyline views, a roof deck, and on-site parking.
The property is located between Boston’s Medical Center and the Longwood Medical Area, positioned for practical access to major employment and education destinations including Northeastern University, Boston Medical Center, and Longwood Medical Center. It is also described as being well connected to the MBTA Orange Line as well as the Commuter and Silver Lines, with nearby retail and dining options.
For investors seeking a newly built, Class A multifamily asset in a high-barrier residential market, The Melnea combines modern unit finishes, on-site amenities, and dedicated parking with the added presence of commercial space on the property. The mix can be appealing to operators looking to manage a contemporary apartment community with an on-site retail component in a medically driven corridor.
The property is located between Boston’s Medical Center and the Longwood Medical Area, positioned for practical access to major employment and education destinations including Northeastern University, Boston Medical Center, and Longwood Medical Center. It is also described as being well connected to the MBTA Orange Line as well as the Commuter and Silver Lines, with nearby retail and dining options.
For investors seeking a newly built, Class A multifamily asset in a high-barrier residential market, The Melnea combines modern unit finishes, on-site amenities, and dedicated parking with the added presence of commercial space on the property. The mix can be appealing to operators looking to manage a contemporary apartment community with an on-site retail component in a medically driven corridor.
Key Highlights
- Newly constructed 50‑unit apartment community built in 2019
- Includes ±4,000 SF of commercial space
- On‑site parking available
Property Analytics
Property Profile
Current Use
Lease Details
50
Residential units
Location Intelligence
Trade Area within ½ mile
6,283
Businesses Nearby
Explore this area
Business Placement
Demographics for 02119, MA
29,175
Population
12,937
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
81%
High-School Grad
1.6 sq mi
ZIP Area
18,234
Density / Sq Mi
$43,255
Median Household Income
$38,664
Median Earnings
$1,252
Median Rent
$668,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - New 50-unit apartment community with 4,000 square feet of commercial space and on-site parking.
Where is this apartment building located?
The property is located at 431 Melnea Cass Boulevard Boston, MA.
What is the asking price?
The asking price for this property is $22,000,000.
What are key features of this property?
This property features: Newly constructed 50‑unit apartment community built in 2019; Includes ±4,000 SF of commercial space; On‑site parking available
