Glaskin, Leppo, and Friedberg of Coldwell Banker Sell Premier Brookline Mixed-Use Building Steps from Longwood Medical Area for $3.92 Million
Brookline, MA – September 9, 2024 – Todd Glaskin and Gregg Leppo of Coldwell Banker Commercial Realty, in collaboration with Jayne Friedberg of Coldwell Banker Realty Brookline, have successfully represented the seller in the sale of a premier mixed-use property located at 43-45 Harvard Street in Brookline Village. The property, which sold for $3.92 million, was purchased by Harvard Linden LLC as a long-term investment.
Located on a prime corner at the entrance to Brookline Village from Coolidge Corner, this 6,553 square-foot building on 0.07 acres is just steps from the MBTA Green Line, Longwood Medical Area, and Boston Children’s Hospital, making it one of Greater Boston's most desirable locations.
“This was the first offering of this landmark generational investment property in over 50 years,” said Todd Glaskin. “Brookline Village is one of the most sought-after locations in Brookline due to its immediate proximity to the Longwood Medical Area, public transportation, and major universities. The property was extensively marketed as a rare value-add opportunity, drawing interest from investors locally, nationally, and overseas.”
The building’s layouts, high ceilings, and distinctive detail appealed to a wide range of investors. The listing culminated in multiple offers from varied investor groups, reflecting the strong demand for investment properties in irreplaceable locations like Brookline. Investors in the area are known for seeing beyond in-place cap rates to unlock the potential and value in such unique assets.
“This transaction highlights the strength of the Brookline market and the ongoing demand for mixed-use properties in strategic, high-traffic locations,” added Gregg Leppo. “The exceptional interest we received for this asset is a testament to its quality and future potential of Brookline.”
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial Realty, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.
Media Contact:
Kevin Guhl
Email: kevin.guhl@cbhomeoffice.com
Phone: 973-407-5916
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