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We are pleased to present an extraordinary multifamily acquisition opportunity; the Park Gallery. Located at 77-81 Park Drive in the Fenway neighborhood of Boston, Massachusetts, the Park Gallery consists of 55 market rate apartments with 23 parking spaces overlooking the Museum of Fine Arts. Comprised of an ideal unit mix of studio, one, two and three bedroom apartments, the Park Gallery is advantageously situated in one of the most thriving medical and academic communities in the world. The Park Gallery presents the rare opportunity to own a generational asset with immediate value-add potential in a world-class neighborhood.

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Basic Information

  • Listing Terms Other (See Remarks)
  • Lot Features Other
  • Mls StatusSold

Tax Information

  • Tax Assessed Value $99
  • Tax Year 99
  • Taxes$99

Parking

  • Parking Spaces23

Rooms

  • Bathroom55
  • Bathrooms Total Decimal 55
  • Bedrooms99
  • Full Bath55

Basic Information

  • List Price$30,000,000
  • MLS Number72567479
  • Modification Date08/06/2022
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date12/27/2019
  • Sale Date01/30/2020
  • Sale Price$28,500,000

Location

  • Address77-81 Park Drive
  • Building Number77-81
  • CountySuffolk
  • NeighborhoodThe Fenway
  • StateMA
  • StreetPark Drive
  • SubdivisionThe Fenway
  • TownBoston
  • Zip02215

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 5
  • Rooms99
  • Stories5
  • Units55
  • Year Built1910
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.37

Interior

  • Interior Features Other

Utilities

  • Cooling Other
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Other
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 30,500
  • Lot Size Square Feet 16,327
  • Lot Size Units Acres
  • Square Feet30,500

Amenities

  • Appliances IncludedOther

Legal

  • Zoning99

Other

  • Date Listed09/19/2019
  • Farm Land Area Units Square Feet
  • View Count240

Map Location

Driving Directions

Listed by Jason Weissman of Boston Realty Advisors

Listing Sold by Boston Realty Advisors

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