26 West Broadway Sells For $25M

26 West Broadway

26 West Broadway, a 31-unit luxury apartment complex sold for $25,000,000 ($806,451/unit) on March 1^st. It’s the 3^rd highest multifamily transaction of the year following the sale of the Harlo in Fenway and Serenity in Jamaica Plain.

Developed by Evergreen Property Group in 2015, 26 West Broadway contains 4,700 square feet of ground-floor retail space. The building includes a public courtyard, a library and a roof deck with sweeping views of the city. Located across from Broadway Station, the site is a 15-minute walk to Fort Point, and is conveniently down the street from Ink Block; which bolsters a Whole Foods.

The recorded seller was Dwell Proper. The buyer, Corcoran Management Company also owns 50 West Broadway.

Source: Boston Realty Advisors Research