Boston Realty Advisors (BRA) has sold 16 River St., an 8 unit apartment building located in the city's Beacon Hill neighborhood for $4.5 million ($562,500/unit) on behalf of its client 16 River Street, LLC. The buyer, 16 River Street Apartments, LLC, was represented by Dennis Kelleher of Marcus & Millichap.
The offering boasts views of the Boston Public Garden down River St., and access to Massachusetts General Hospital (MGH), Mass Eye & Ear, the Financial District, Suffolk University and countless other amenities including Whole Foods Market, CVS Pharmacy, Starbucks and the many local shops and restaurants along Charles St. and surrounding area.
Christopher Sower, managing director and partner of BRA, said, "Both seller and buyer were a pleasure to work with, which resulted in a successful sale" Jason Weissman, principal and founder of BRA, said, "It was a special opportunity to work on this assignment, as the buildings one of a kind location on the 'flat of the hill' was irreplaceable."
BRA is a privately held commercial brokerage firm based out of Boston Massachusetts. BRA specializes in the sale and leasing of investment and commercial properties throughout New England.