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NOWA Hotel Boston 88 N Washington St 42 Room Hotel Boston, MA 02114 For Sale
Investment Highlights
- EXISTING ENTITLEMENTS
- TRANSIT ORIENTED
- HIGHLY VISIBLE SITE
- AREA DEVELOPMENT
- STRONG MARKET DYNAMICS
- MAIN INTERSECTION
Executive Summary
Boston Realty Advisors is pleased to present an exceptional development opportunity at 88 North Washington Street in Boston, MA. 88 North Washington Street consists of +/- 2,190 SF of land with current entitlements of over 18,200 GSF. The current entitlements call for a 42-key boutique hotel with an 8.3-floor-area ratio. This site benefits from extremely favorable, which includes residential as an allowed use and has no parking requirements. Prior to the existing entitlements, the owner had secured approvals for a 128' tall, 18.2 FAR hotel which underscores the desire for density in this location.
Located along a main thoroughfare which acts as a gateway to downtown Boston, 88 NOWA offers a highly visible site at one of the most active intersections in Boston. The immediate surrounding area has gone through a renaissance of development. Boston Properties developed a 1.9 million square foot mixed-use center just steps away at North Station as well as HYM Investment Group’s 2.9 million square foot redevelopment of Government Center Garage. Additionally, the property is located just a 3-minute walk from the TD Garden which is the home of the Boston Celtics and year-round entertainment. The North Station/Waterfront area is truly a transit-oriented location with a supreme employment base which continues to grow.
88 NOWA depicts a phenomenal offering in a highly trafficked urban location primed for development. We will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.
Located along a main thoroughfare which acts as a gateway to downtown Boston, 88 NOWA offers a highly visible site at one of the most active intersections in Boston. The immediate surrounding area has gone through a renaissance of development. Boston Properties developed a 1.9 million square foot mixed-use center just steps away at North Station as well as HYM Investment Group’s 2.9 million square foot redevelopment of Government Center Garage. Additionally, the property is located just a 3-minute walk from the TD Garden which is the home of the Boston Celtics and year-round entertainment. The North Station/Waterfront area is truly a transit-oriented location with a supreme employment base which continues to grow.
88 NOWA depicts a phenomenal offering in a highly trafficked urban location primed for development. We will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.
Property Facts
| Sale Type | Investment | Construction Status | Proposed |
| Sale Condition | Redevelopment Project | Building Size | 18,215 SF |
| Property Type | Hospitality | No. Rooms | 42 |
| Property Subtype | Hotel | No. Stories | 8 |
| Building Class | A | Year Built | 2027 |
| Lot Size | 0.05 AC | Corridor | Interior |
| Zoning | Bulfinch Triangle | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.05 AC |
| Construction Status | Proposed |
| Building Size | 18,215 SF |
| No. Rooms | 42 |
| No. Stories | 8 |
| Year Built | 2027 |
| Corridor | Interior |
| Zoning | Bulfinch Triangle |
Amenities
- High Speed Internet Access
- Boutique/Lifestyle Hotel
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $441.28 CAD | - |
| Guest Room | 40 | $345.41 CAD | - |
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | CBOS-000000-000003-001461 | Improvements Assessment | $1,260 CAD |
| Land Assessment | $307,801 CAD | Total Assessment | $309,060 CAD |
Property Taxes
Parcel Number
CBOS-000000-000003-001461
Land Assessment
$307,801 CAD
Improvements Assessment
$1,260 CAD
Total Assessment
$309,060 CAD
Contacts
-
Kevin Benzinger -
Jason Weissman -
Dylan Steinberg -
Daniel Alper -
Nicholas Herz -
Boston Realty Advisors
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NOWA Hotel Boston | 88 N Washington St
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