Would you pay $40 million for a Parking Lot?

A $40 million parking lot on the corner of Newbury and Dartmouth Streets in Boston has been sold according to this Boston Globe article.
Parking Lot
The sale price values the land at $120 million. Now if you are thinking that your 10,000 sq.ft. lot in Marblehead or Swampscott is worth $28 million…. dream on. Call me only if you want to buy a bridge.

Andrew Oliver
Market Analyst | Team Harborside | teamharborside.com

Sagan Harborside Sotheby’s International Realty
One Essex Street | Marblehead, MA 01945
m 617.834.8205

Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned and Operated

Get Free Email Updates!

Did you find this article useful? Add your email address and I will send you notification of new articles.

I agree to have my personal information transfered to MailChimp ( more information )

I will never give away, trade or sell your email address. You can unsubscribe at any time.