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News:
Owners Developers & Managers
Posted: May 17, 2024
Betsy Herald of The Charles Realty brokers $8.6 million sale in Boston's Back Bay
Boston, MA The Charles Realty has sold a piece of historic property located at 13-19 Stanhope St. in the Back Bay neighborhood. The 10-unit residential building, boasting nearly 13,000 s/f of space, was sold for $8.6 million.
Originally constructed as a stable, the property has a rich history, having served as a movie studio, a printing press and a bank exchange over the years. Originally owned by Kidder, Peabody & Co., the building has witnessed the evolution of Boston's landscape.
Representing the buyer in this significant transaction was Betsy Herald of The Charles Realty. The buyer is Destiny MA Properties, LLC. The sale marks a milestone in the property's journey and underscores the enduring appeal of Back Bay real estate.
The buyer intends to begin renovations on the property to preserve this beautiful piece of Boston architecture.
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