226 Newbury St Boston, MA 02116-2565
Property profile & analytics
226 Newbury St Boston, MA 02116-2565
- Investment properties
- 6,668 SF
- 0.06 lot acres
Property ID
US38-1233648
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Piattini / Restaurant
- John Fluevog Shoes Newbury / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
Property Details for 226 Newbury St
- Year built
- 1899
- Construction
- BRICK
- Lot size
- 0.06 lot acres
- Property size
- 6,668 SF
- Zone code
- RC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- CBOS W:05 P:03221 S:000
- APU
- CBOSW05P03221S000
Description
This exceptional investment opportunity presents a multifamily portfolio situated on the prestigious Newbury Street in Boston, MA. The property consists of two buildings, totaling 13,336 square feet, on a 4,928 square foot lot. Built in 1899, the five-story buildings boast 16 apartment units, currently enjoying 100% occupancy. The property also includes thirteen retail suites and three office spaces, creating a diverse tenant mix. Notable tenants include Dirty Water Dough Co., Aluna Salon, Umai Sushi, John Fluevog Shoes, and Piattini Restaurant, contributing to a strong and stable income stream. Recent capital improvements, including rear extensions added in 2017, and upgrades completed during the COVID-19 pandemic, ensure the property is well-maintained and positioned for future growth. The property benefits from a prime location in Boston's Back Bay, a vibrant commercial and cultural hub with a perfect Walk Score of 100 and a Transit Score of 97, providing easy access to public transportation via nearby Back Bay and Hynes Convention Center stations. Off-street parking for six vehicles is also available. The asking price for this exceptional portfolio is $14,500,000. This is a rare opportunity to acquire a well-established, high-performing property in one of Boston's most desirable locations.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,480,000
- 6.5%
- $2,290,000
- 7%
- $2,125,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,210,000 Current use
- RETAIL STORES
- $3,585,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.0812
- Latitude
- 42.3497
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$3,617,900
$1,926,600
$5,544,500
-
$0.00
$0.00
$0.00
