Compared to newly constructed condominiums selling for $1800/squ.ft this is a once in a lifetime opportunity to purchase, design and build your own home in this prime location with an immediate increase in value upon completion. At the building acquisition price of $5,950,000. and construction costs of just under $400/squ. ft. your new home will cost $1200./squ. ft (approximately). Based on condo prices of $1800./squ. ft for new construction you will receive, as soon as you turn the key, a large increase in home equity.
Rarely available 5-Story brownstone with 3 car parking is located on lower Marlborough Street in the heart of the Back Bay. A Certificate of Appropriateness has been received for a Penthouse Addition of 710 square feet +/- and a 200 square foot roof deck over looking picturesque sunny side Marlborough St and the Boston sky line. The exterior size of the building plus the Penthouse is 7275 square feet +/- .
Our recommended and highly regarded architect and builder will be happy to assist you in finding the best design for your needs prior to your purchase.
From the first day you move into your new home you will enjoy having your own life style without the drawbacks of condominium regulations and owner conflicts.
Asking Price $5,950,000