617-279-4568
354 E St, South Boston, MA for Sale
Apartments - FOR SALE
1/4
null | Request Cap Rate

354 E St
South Boston, MA


OVERVIEW

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire 354 E Street, a fully approved, residential redevelopment opportunity located in one of the most highly regarded residential submarkets in the Northeast - at the intersection of the Seaport District and South Boston. The redevelopment calls for the conversion of the former Saint Vincent DePaul Church into 35 units of highly demanded housing, either via apartments or condominiums. The redeveloped building will span approximately 50,000 GSF +/- while maintaining the majority of the existing historical structure and architectural characteristics of the Italianate-style church building. The redevelopment, which was approved by the Boston Planning and Development Agency in June of 2022 will feature an attractive mix of thirty-five (35) 1-bed and two 2-bed units. Upon completion, 354 E Street will offer future residents unparalleled access to a dynamic mix of amenities, retail and transit options scattered throughout South Boston and the Seaport. Furthermore, the project is poised to benefit greatly from several upcoming large scale developments in the immediate area. A significant pipeline of both life science and commercial development will bring thousands of new employees and millions of square feet of development to the already bustling submarket neighborhood.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

35

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

-

APN/PARCEL ID

SBOS-000000-000006-001561

ASK ABOUT THIS PROPERTY

John FlahertyCushman & WakefieldMore Info
617-279-4568

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John FlahertyCushman & WakefieldMore Info
617-279-4568

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.