71 Commonwealth Avenue Update 07/24/23

Newton Development Site Hits the Market

Boston Realty Advisors is pleased to offer the exceptional opportunity to acquire a fully approved development site located at 71 Commonwealth Avenue, Newton, Massachusetts. 71 Commonwealth Avenue is approved to build six luxury single families (HOA) in a tremendously high barrier to entry market. Current approvals allow for single families that range in size between 4,000 and 7,000 square feet, offering a truly unique product to the market. 71 Commonwealth Avenue has been thoughtfully designed to encompass classic Spanish and Mediterranean architecture. The units offer residents large windows, open floor plans, private and common outdoor space, and parking. Units 2 through 6 feature their own private elevators, providing exclusive and convenient access for each resident. The community is a 100% market rate development.

More information about this opportunity can be found here.

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