55 W 5th Street — Sale in Boston, MA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Boston, MA 02127

Description

Newmark’s Boston Capital Markets Group has been exclusively retained to sell 55 West Fifth Street, a 51-unit, 100% leased apartment building with a fully leased commercial unit, that is located just south of Downtown Boston and the Seaport District in the thriving residential neighborhood of South Boston, Massachusetts. Delivered in 2022, the six-story asset offers a premier urban living experience with high-quality studio to two-bedroom apartment units complemented by modern amenities including a rooftop terrace and below grade parking. 55 West Fifth Street further benefits from its exceptional location in South Boston, which continues to increase its profile as one of the city’s most desirable residential destinations for affluent young professionals and families. This is largely due to the neighborhood’s distinct character, vibrant amenities, convenient access to public transportation and adjacency to major employers. 55 West Fifth Street is strategically positioned to leverage all these benefits, boasting a highly walkable location with proximity to popular restaurants, the MBTA Red Line, blue-chip employers and synergistic mixed-use developments. Consequently, 55 West Fifth Street presents an attractive acquisition opportunity that is poised to benefit from Boston’s status as a high barrier-to-entry multi-family market with extremely favorable supply/demand fundamentals.

Market Context

This commercial property in Boston, MA is listed for sale. It has been on the market for 54 days. Compare it against other commercial property listings for sale in Boston, MA — view the full market.

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