11 Faneuil Street, Boston (Brighton), MA, 02135 | $4,700,000

Developers, this one works! Your opportunity to build a 4 story, 42 unit building in a prime Brighton location. Situated on a 19K+ sq/ft lot, the building is beautifully designed w/elements of blonde brick juxtaposed against dark colored siding and 6-light casement windows. The unit mix includes (14) studios, (19) 1 bedrooms, (6) 2 bedrooms and (3) 3 bedroom units and all have either direct access decks or private roofdecks. The project contains 6 IDP affordable units (13%) and ample garage parking. Gross square footage including the garage is +/- 51, 000 with an FAR of approximately 41, 000 sq/ft. The neighborhood is abuzz with new development, and this property is less than a half mile from Brighton Center, Boston Landing and the Charles River. New construction condominiums in Brighton continue to be absorbed quickly with demand outstripping supply, and no end in sight. Construction plans are in process, see agent for further details and make this your next build.

Features

  • Town: Boston
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Zoning: NS-.5
  • Lot Desc: Easements
  • MLS#: 73135172
  • Website: https://www.raveis.com
    /raveis/73135172/11faneuilstreet_boston_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

William Raveis Family of Services

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The Residential GroupREALTORS

TheResidentialGroup@raveis.com

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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

11 Faneuil Street, Boston (Brighton), MA, 02135

$4,700,000

The Residential Group

REALTORS

William Raveis Real Estate

Phone: 617.426.8333

TheResidentialGroup@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,760,000 $3,760,000 $3,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.228% 6.850%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,766 $25,332 $33,013
Total Monthly Payment $23,891 $25,457 $33,138

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.