Updated Aug 31, 2026
City Realty Acquires Nine-Building Coolidge Corner Collection In Brookline For $23.15M
223 Saint Paul Street, 229-231 St. Paul St, 229 St. Paul St, 229 Saint Paul Street & 231 Saint Paul Street
$23,150,000
$354/SF
Building Size
65,262 SF
Asset Type
Mixed-use
Closing
Aug 25, 2026
About this deal
AI
City Realty acquired a mixed-use property consisting of nine buildings known as the Coolidge Corner Collection in Brookline, MA. The total sale price amounted to $23,150,000. The asset encompasses 65,262 square feet of space, featuring 49 residential units along with three commercial spaces across the addresses of 223 & 229-231 Saint Paul Street, 26-28 Browne Street, 395-397 Harvard Street, 7 Naples Road, and 1343 Beacon Street.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $23,150,000
- Square Footage: 65,262
- Sale Price per Square Foot: $355
- Units: 49
- Price per Unit: $472,449
- Buyer: City Realty
- Seller: Ramon Realty
- Brokers: Frank Petz, Tim McGeary, Brett Curtis & Matthew Lombardi Jr - Colliers
The transaction involved multiple brokers from Colliers, representing both the buyer and seller in this significant deal. This acquisition highlights City Realty's strategic buy in a key area of Brookline, facilitated by the expertise of the brokerage team, comprising Frank Petz, Tim McGeary, Brett Curtis, and Matthew Lombardi Jr.
Players
Saint Paul Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93