9 Geneva St Boston, MA 02128
Prime East Boston development opportunity awaits. This 14,803 sq ft lot at 9 Geneva Street is poised for construction of a soon-to-be ZBA-approved 28-unit residential building, including 5 income-restricted units and 16 garage parking spaces. The project encompasses a mix of unit sizes: four 1-bedroom/1-bathroom, twenty 2-bedroom/2-bathroom, and four 3-bedroom/2-bathroom residences. Many units will boast stunning Boston city views. Residents will enjoy private outdoor spaces and shared backyard amenities. Located in the desirable Jeffries Point neighborhood, this property offers unparalleled walkability (Walk Score of 91), with proximity to waterfront parks, the East Boston Greenway, and numerous shops and restaurants. Conveniently situated near Logan International Airport, Maverick train station (one stop from Downtown Boston), and major highways (I-90 and I-93), this location provides exceptional accessibility. A ferry stop to the Seaport District adds to its appeal. Capitalize on East Boston's ongoing transformation. Detailed plans and sales projections are available upon request. The asking price is $7,000,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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