Image courtesy of Coldwell Banker Commercial Brokerage

A longtime Brookline office building marketed for a potential residential conversion was acquired by a local developer for $6.2 million.

The 1093 Beacon St. property spans nearly 15,000 square feet. Todd Glaskin and Gregg Leppo of Coldwell Banker Commercial Realty had marketed the brownstone near the Boston city line for a potential office-to-residential conversion, receiving multiple offers.

The buyer is Matt Ramey of Boston-based Concept Properties.

“We promoted the benefits of buying within minutes of the Longwood Medical Area while at the same time marketing it as a development opportunity in one of the strongest condo markets in the country,” Glaskin said in a statement.

The sellers, Mark Blotner of Kinross Real Estate and Lloyd Rosenthal of Greenline Realty, bought the property in 2005 for $2.5 million.

The 4-story building’s footprint makes it suitable for luxury condominiums because of its natural light, flexible floor plans and high ceilings, Coldwell Banker Commercial Realty said.

Brookline Brownstone Sold for Residential Conversion

by Steve Adams time to read: 1 min
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