Boston Realty Advisors lists 56-unit Brookline multifamily asset

Boston Realty Advisors has been retained to market Beacon Fairbanks Manor, a 56-unit Brookline apartment building directly across from the MBTA Green Line’s Fairbanks Street station. The sale spotlights rare investor inventory in one of Greater Boston’s tightest multifamily markets.

Why it matters: - Beacon Fairbanks Manor sits in Brookline, one of Greater Boston’s most supply-constrained and in-demand rental markets. - The 56-unit asset offers scale, transit access and proximity to the Longwood Medical Area, three features that can broaden buyer interest. - The listing adds a rare multifamily opportunity in a neighborhood where inventory of this size is limited.

What happened: - Boston Realty Advisors was retained as exclusive advisor by Chestnut Hill Realty for the sale of Beacon Fairbanks Manor. - The property is a 56-unit, 100% market-rate multifamily building in Brookline, Massachusetts. - The building was constructed in 1910. - The property is located at the corner of Beacon and Fairbanks streets, directly across from the MBTA Green Line Fairbanks Street station.

The details: - Beacon Fairbanks Manor is positioned between Washington Square and Coolidge Corner. - The location places residents within walking distance of retail, dining and other neighborhood amenities. - The property has convenient access to the Longwood Medical Area and downtown Boston. - Boston Realty Advisors said the Capital Markets team on the assignment includes Jason S. Weissman, Kevin Benzinger, Daniel Alper and Dylan Steinberg. - The building includes 56 apartments, and 41 of those units are studios or one-bedrooms. - The property features classic architecture, high ceilings, a prominent corner presence and established market-rate tenancy. - Those characteristics support in-place investment quality and leave room for selective upgrades over time. - Chestnut Hill Realty was founded in 1969 and is headquartered in Chestnut Hill, Massachusetts. - Chestnut Hill Realty owns and manages 32 apartment properties totaling about 5,000 units across Greater Boston and Providence. - Boston Realty Advisors was founded in 2001 and is a Boston-based, privately held real estate firm focused on investment sales, corporate real estate and retail. - More information is available on Chestnut Hill Realty’s website and Boston Realty Advisors’ website. - Boston Realty Advisors also shared social media links for LinkedIn and Instagram.

Between the lines: - The seller is marketing a transit-oriented asset with historical character rather than a newer value-add property. - Broker comments indicate the combination of building quality, Green Line access and local demand drivers is expected to draw long-term multifamily investors. - The emphasis on market-rate tenancy and selective upgrades suggests the asset may appeal to buyers seeking stable income with incremental upside.

What's next: - Boston Realty Advisors will continue marketing the property to potential multifamily buyers. - Interest is likely to center on investors targeting Brookline’s rental demand, transit access and proximity to major employment centers. - The sale process will test pricing for one of the area’s rarer smaller multifamily offerings.