Compass Acquires Development Site In Brookline, MA For $2.39M

A development site located at 44-46 Vernon Street in Brookline, MA has been sold for $2,390,000. The property spans a total square footage of 5,520, with a price per square foot of $433. The sale included an asking price of $2,600,000, resulting in a buyer negotiating a $210,000 discount. The Basile Group acted as the seller, while the buyer was represented by Ethan Forrest from Compass. Kevin Benzinger from Boston Realty Advisors served as the seller's representative in the transaction.

Summary of transaction details:

• Property Type: Development Site
• Sale Price: $2,390,000
• Asking Price: $2,600,000
• Square Footage: 5,520
• Price per Square Foot: $433

The development site is set to be transformed into two luxury townhomes, each with approximately 2,750 square feet of space. These townhomes will feature four bedrooms, four and a half bathrooms, private yards, and roof decks, adding to the appeal of the property.