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4198-4206 Washington Street Update 04/28/16

ARX Urban Capital acquires 8,982 square foot Roslindale Village parcel for $1.63 million

Innovative real estate investment firm ARX Urban Capital has acquired the 8,982 square foot parcel at 4198-4206 Washington Street in Roslindale Village. The sale of the parcel to ARX Urban Capital closed today for $1.63 million as recorded in the Suffolk County Registry of Deeds. A single-story retail strip of approximately 8,000 square feet currently stands on the parcel. A locus map of the parcel is posted above with the parcel outlined in red.

The sale of 4198-4206 Washington Street follows a stream of recent investment in Roslindale Village. Peregrine Group is developing Parkside on Adams, a mixed-use project consisting of 43 recently-opened residential rental units and approximately 7,000 square feet of retail. City Point Capital developed The Residences at Village Crossing, a newly-built 14-unit condominium building. Parkhead Development is developing a new 19-unit condominium building at 20 Taft Hill Park.

The following is the deed for today's sale of 4198-4206 Washington Street to ARX Urban Capital:


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