Historic Brookline Multifamily Property Hits The Market For Sale

Beacon Fairbanks Manor, a notable 56-unit multifamily property located in Brookline, Massachusetts, has officially been listed for sale. Boston Realty Advisors is serving as the exclusive advisor for this major real estate transaction.

Originally constructed in 1910, the asset brings a distinct sense of character to the local market. For those interested in studying vintage structures, checking out various historical architecture pieces can offer wonderful context on buildings of this era.

Prime Location and Transit Access

The building sits on a prominent corner at Beacon and Fairbanks streets right across from the MBTA Green Line station. This transit-oriented layout places it squarely between Washington Square and Coolidge Corner for ultimate convenience.

Unmatched Connectivity in Brookline

Residents enjoy seamless daily commutes directly into downtown Boston and the nearby Longwood Medical Area. Such supreme regional positioning frequently defines premier regional architecture investments throughout Greater Boston.

The transit accessibility heavily drives tenant demand in this densely populated locale. Broader informational guides often highlight how subway proximity boosts long-term asset values.

Property Breakdown and Financial Strength

Owned currently by Chestnut Hill Realty, the complex features 56 fully market-rate rental apartments. A significant portion of these units consists of efficient studio and one-bedroom layouts.

This configuration establishes a reliable, robust income base for any prospective investor. Savvy buyers tracking modern home design trends often appreciate how vintage floor plans maintain lasting rental appeal.

Rare Scale in a Tight Market

Boston Realty Advisors founder Jason S. Weissman highlighted the asset’s rare scale within a supply-constrained environment. Acquiring properties of this magnitude along a major transit line is exceedingly difficult.

Managing director Kevin Benzinger echoed these sentiments regarding the scarcity of transit-adjacent multifamily opportunities. Industry professionals frequently explore such prime assets during local architecture tours across the region.

The Sales Team and Seller Profile

The dedicated brokerage assignment is being spearheaded by a talented team of professionals. Alongside Weissman and Benzinger, senior associate Daniel Alper and associate Dylan Steinberg complete the roster.

The seller, Chestnut Hill Realty, manages a vast portfolio of roughly 5,000 units. Observers can find additional commentary and deep dives across various professional architecture articles covering similar market shifts.

This listing represents a defining moment for Brookline’s competitive investment sales landscape. Market participants will undoubtedly watch closely to see which buyer captures this landmark asset.

 
Here is the source article for this story: Boston Realty Advisors Markets 56-Unit Apartment Building in Brookline