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Redefining Boston Real Estate

21 Allen Street, Somerville, MA

Somerville Multi-Family    (login for more details)

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Unit Information

The Ropewalk is a 69-unit multi-family development in the heart of Union Square, adjacent to the newly opened MBTA Station. The arrival of the Green Line Transit Station has precipitated a rapid transformation of the Square. The Square's $2 billion, 3.8 million SF master-planned development, coined USQ spans 20 acres and includes 2.4M SF of lab and innovation space,150,000 SF of retail and restaurant space, and 4.7 acres of vibrant open spaces. Phase I was delivered by Magellan Development in Q3 2023 with future phases set to break ground in 2024. Boynton Yards and Somerville Gateway which border Union Square to the east and south are complimentary master-planned developments adding a combined 4.1 million SF state-of-the-art life sciences/biotech, hotel, and retail spaces to the broader neighborhood. The project is in a qualified OZ and has been permitted as a Passive House project; set to achieve the highest level of sustainability. Approvals allow for either apartments or condos.

Additional Details
Status: PCG
Type: Multi-Family, 5+ Family - 5+ Units Up/Down
Zip Code: 02143
Living Levels: 12
Buying Broker Compensation: 1.5
Rooms and Dimensions
Total Units: 69
Total Floors: 12
Total Rooms: 99
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$8,250,000

  • Status: Price Change
  • Listing ID: 73211289
  • Bedrooms: 76
  • Full Baths: 85
  • Half Baths: 6
  • Living Area: 47,572 sqft Convert
  • Lot Size: 17,873 sqft Convert
  • Acres: 0.41

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2024 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Ryan Taylor of Fortune RE. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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