233 Needham StreetNewton, MA 02464MLS Number 72109967

  • Sale Price: $20,859,000
  • 476 Days Since Sale
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Federal 30-year interest rate: 4.53% last updated on Aug 16, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1Acreage
  • 1988Year Built

Driving Directions

The offering is a rare opportunity to acquire a Class A mixed-use property located in Newton, Massachusetts. Known as "Paragon Towers" this iconic five-story 60,826 RSF building includes four floors of office above ground floor retail space. Currently 100% leased with a diverse, 16-tenant roster. There has been updates to the common areas, kitchen/lounge, on-site fitness center, and the structured covered garage. This location provides unmatched walk-able amenities and superior commuter accessibility. The combination of excellent schools, convenient public transportation, and abundant retail destinations make Newton one of the most desirable communities in Massachusetts. Recognized for its expanding infrastructure and close proximity to Boston, all within the N2 Innovation District, with an abundance of both emerging innovative companies, educational institutions, and established employers.

Listed by Adam Meixner of Boston Realty Advisors

Listing Sold by Boston Realty Advisors

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More Info

Parking

  • Parking Spaces188
  • Parking FeatureGarage

Building

  • Year Built1988
  • Reu Units3
  • No Buildings1
  • No Stories5
  • Entry OnlyNo
  • Assessed Value Bldg99

Basic Information

  • StatusSLD
  • MLS Number72109967
  • Prop TypeCI
  • Status Date2017-05-25T13:57:00
  • Date Listed01/18/2017
  • List Price$18,500,000
  • Sale Price$20,859,000
  • LeaseNo
  • DirectionLocated in the heart of Needham Street. Access from Route 128 and 95.

Photos

  • Photo Date2017-01-18T17:35:00
  • Number of Photos1

Other

  • Modification Date2017-05-25T13:57:00
  • Property TypeOffice
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book99
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf55218
  • Ref Bldg Sf5608
  • ExchangeNo
  • Firm Rmk1Offered for sale on an un-priced basis. The list price noted above is solely anticipated pricing. We will be conducting tours by appointment in the upcoming weeks with a "call-for-offers" to follow. For additional information please visit the website www.
  • Page99
  • Sale Date05/01/2017
  • View Count5

Location

  • Building Number233
  • Street No233
  • StreetNeedham Street
  • TownNewton
  • StateMA
  • Zip02464
  • CountyMiddlesex

Property

  • Acreage1
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size43560
  • Assessed Value Land99
  • Main SoNB9260
  • Main LoNB9260

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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