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Lofts For Rent In Boston

Building Spotlight: 360 Newbury Street

 

On the corner of Massachusetts Avenue and Newbury Street is 360 Newbury Street, a chic loft community. 

The building was originally designed by the world-famous architect Frank Gehry and historic touches remain along with the luxury, modern amenities. 

Each unit throughout the building has its own personality, complete with 12-foot ceilings and oversized windows offering abundant natural light, not to mention beautiful views of Back Bay. 

The chef's kitchens are finished with granite countertops and state-of-the-art appliances, while the all-marble finishes decorate the bathrooms. 

360 Newbury Street's prominent location in Back Bay, minutes from the Prudential Center and shopping on Newbury Street, makes living there even more desireable. 

With the recent opening of a three-story TJ Maxx in the retail space of the building, residents can find everything they need right on their own doorstep. 

This premier loft building is a truly special find in Back Bay, with the opportunity to either buy or rent units. 

To find out more about 360 Newbury Street and other lofts around Boston contact us at bostonlofts@advisorsliving.com

Two Bedroom Brick-And-Beam Loft in Boston's Dorchester at DNA LOFTS

 

DNA Lofts in Dorchester is a truly unique conversion of a former printing press into modern and creative live-in loft spaces. The 3 story building at 944 Dorchester Avenue at the tip of "DOT" consists of 60 residential units with 2 elevators, garage parking, an impressive roof deck, a courtyard and an exterior parking lot. These loft style homes are available in a number of different floor plans, they all have multiple oversized double-pane windows, bamboo or polished concrete floors, high ceilings, exposed beams, top of the line kitchens with black granite tops and stainless steel appliances. Some units are built with mezzanine-level bedrooms. When under construction each unit was given the opportunity to customize with the owner's taste in mind, hence the moniker DNA. Great views, walking distance to the Red Line, the beach and area restaurants are just some of the extra amenities you'll enjoy at DNA Lofts.

Penthouse Loft 46 - A Corner Loft with Sunny, Southern Exposure is NEW to MARKET, boasting:

- 983 Square Feet

- Furnished w/ Quality Pieces

- Open Living / Dining / Kitchen Floor Plan

- 2 Large Bedrooms w/ Ample closets 

-1 Full Bathroom (Subway tiled full size shower - Toto / Kohler Products)

- Walk-in Closet 

- Oversized Sliding-door Armoires

- Gleaming Bamboo Wood Floors

- Original Wood Beams / Ceilings from "Factory Era"

- In-Unit Washer / Dryer

- 1 Parking Space

- GE Profile - Stainless Steel Appliances 

- Stone Countertops  

- Six, 6 foot tall windows, Southern Exposure

- Central AC

- Forced Hot Air 

Bright & Modern, this is the ultimate in Boston Lofts Living. 

Available November 1st, 2015

$2900 / Month 

For More Information on Penthouse 46 and DNA / Dorchester Lofts, visit www.DorchesterLofts.com 

For a Private Showing, contact:

Paul Santucci
Director of Boston Lofts
paul@bostonlofts.com
617-694-0004

DNA Lofts Rental Dorchester

DNA Lofts Dorchester MA

DNA Lofts Roofdeck, Boston MA

Boston Renters: Can You Negotiate the Broker Fee?

Traditionally, two of the most difficult hurdles to jump over while helping a rental client find the right property in Boston: Pets and Parking. One thing I can assure you with over 10 years in the business: Bostonians are attached to their furry friends and their shiny metal ones. I'm still amazed at how many people decide to get a pet before they have a home of their own AND how many feel they "need" a car in Boston! (Hey - If you need a ride, just ask your friendly neighborhood real estate agent for one - we all have them!)

Over the past 10 years, we've seen another hurdle come into play - the "broker fee". In 2005 - according to MLS - about 1/2 of the loft rentals (I'm using lofts here as that's my specialty) in the Seaport District & Leather District combined were advertising that the landlord was paying the broker fee (to be split between the landlord's agent and the tenant's agent). In 2015, in both neighborhoods, I couldn't find ANY that the landlord was willing to pay the broker fee on, it was up to the tenant to pay the full fee (once again to be split OR just going to the landlord's broker directly).

I'm pretty sure the reason is obvious: supply and demand, right? The market is flooded with prospective tenants, and landlords know they can fill up their vacant spaces pretty quickly. Funny thing though: in 2005, the average days on market for those Seaport & Leather District Lofts: 35 days. in 2015....... 48 days. Ok, in fairness, there were only SEVEN lofts in those areas in 2005, and SIXTY in 2015 that have been rented through the first 8 months.

So, what's the story - why are tenants paying the fee and is it negotiable? Regardless of average days on market, landlords are still able to rent their units out quickly. There has been in influx of new buildings - especially in the Seaport District - BUT there's an abundance of renters out there, too. Last fall and into this spring, some of the new rental buildings were offering no broker fee (some didn't even need to market to brokers) AND a month or two off the rent to start. For the most part, those deal have dwindled. And remember this: if it's on MLS (and trickled down to sites such as BostonLofts.com, etc), it's most likely an individually owned condominium, NOT a unit part of a building owned by one entity. So, that landlord has to have the numbers make sense. If the landlord pays the broker fee, that landlord is essentially brining in 11 months of rent, rather than 12. Naturally, the flip side is that the tenant is paying 13 months of rent if they pay the fee.

Ok, so it's out there and listed as "tenant pays broker fee".... can you negotiate? It's simple - it comes down to the other prospects waiting in the wings, and how strong of a tenant candidate you are. No landlord will eat what's equal to a month's rent if they can rent to someone else, BUT, my suggestion is: ADD VALUE as a tenant. When you come to the appointment, have a Rental Application ready to go. You can get one easily on-line - it's the standard GBREB Rental Application - GOOGLE IT, OR ask the broker you are meeting to send you one in advance. Besides the Application, have proof of employment (letter from HR, recent paystubs, etc), and a recent Credit Report in hand. (Oh, and checkbook too, of course!). You'll make a better case by being prepared and ready to go, rather than saying you like the unit, but need a few days to get your info together. Nothing makes an agent happier than telling the owner that the tenant is interested and oh yeah - he or she came ready with their info and checks! "By the way, they want you to pay the fee or at least half, but they'll sign immediately upon approval" is an easier and more fruitful conversation that the landlord might agree to than "the tenant wants you to pay the fee, and didn't leave me any info, just shooting one across the bow". I guarantee you, you'll be paying that fee Mr or Mrs Tenant if the agent is telling that latter story.

In either case, make sure you are asking the broker out of the gates if the fee is included, how long it's been on the market (this might be your negotiating tactic), and any other fees that might arise (there are move-in move-out fees for some buildings.)

And don't hesitate to reach out to me to discuss your rental loft needs in the Boston area:

Paul Santucci
Director of Boston Lofts
paul@bostonlofts.com
617-694-0004

OH YEAH: here's one north of Boston with NO FEE: www.LynnLofts.com

Munroe Lofts, Lynn MA

Gorgeous Brick and Beam Penthouse Loft at Munroe Lofts in Lynn - NO FEE!

 

The Stillman Street Lofts in Boston's North End

The lofts at 26 Stillman Street are one of the North End's most unique and sought-after loft buildings.

Located just a block from Hanover Street and a short walk to both the Orange Line & Green Line, this complex consists of a combination of inspired & stylish renovated "brick and beam" style units that have been thoughtfully built with open floorplans, oversized factory windows, exposed wood beams, hardwood floors & beautiful kitchens and baths.

Below is an updated market report for the Stillman Street lofts for sale and rent: *

On The Market:

RENTAL: $2,500

Studio  / 1 Full Bath / 679 Square Feet / Rental Parking Click HERE for More Information

 

Sold Data 2014 - 2015: Number of Lofts Sold: 3 Average List Price: $625,667 Average Sale Price: $613,667 Average Days on Market: 178 Average Price Per Foot SOLD: $532

 

Sold Data 2013: Number of Lofts Sold: 4 Average List Price: $639,250 Average Sale Price: $628,250 Average Days on Market: 93 Average Price Per Foot SOLD: $593

 

Sold Data 2011 - 2012:Number of Lofts Sold: 8 Average List Price: $633,875 Average Sale Price: $605,438 Average Days on Market: 149 Average Price Per Foot SOLD: $650

(* all information is gathered from MLS)

 

For More Information on the Stillman Street Lofts, visit www.StillmanStreetLofts.com

For ALL North End Lofts, visit www.NorthEndLofts.com

Or Contact: Paul Santucci, Director of Boston Lofts, 617-694-0004

26 Stillman Street Boston Lofts

The Livingroom - Framed by Exposed Wooden Beams - at 26 Stillman Street Lofts

Stillman Street Lofts Boston North End

Exposed Brick and Factory-Sized Windows at 26 Stillman Street Lofts

 

Spice Lofts in Charlestown Boston - Newest True Loft Rentals

Assembly Row, a Casino in Everett, and an ever-gentrifying Sullivan Square / East Somerville has finally led to the renovation of the cool factory & warehouse buildings along the rotary. The latest is the Spice Street Lofts , which will be ready for occupancy on Sept 1st, 2015. Here's the details:

- 3 bedrooms
- 1 bath with double sink
- All new heating gas systems and Central air
- Free laundry on every floor
- Pets allowed with landlord approval
- Kitchens offer stainless steel appliances, granite counters, maple cabinets
- Open concept living and kitchen areas with tons of light
 - There's a parking lot privately owned by a parking company across the street. It's $5 a day or $150 per month. but parking is an option. Free Street parking by Charlestown permit.
- Professionally managed building

 

For more information and a tour of these Boston Lofts for Rent, please contact:
Paul Santucci
Director of Boston Lofts
paul@bostonlofts.com
617.694.0004
twitter: @bostonloftsguy

Spice Lofts in Boston, boasting bright & open floor plans, all new fits and finishes

Fully Appointed Kitchen at Spice Lofts - Sullivan Square, Charlestown

Wonderfully Cozy Bedroom at Spice Lofts - Boston's Newest converted loft spaces for rent.

South End 2 Level Loft in Gorgeous Brownstone

DRAMATIC TWO LEVEL EXPOSED BRICK LOFT With 3 FIREPLACES!! Historic details and modern touches highlight this unique & gorgeous, HUGE two-level loft style brownstone with Private Entrance! High Ceilings, Skylights, First floor Open Concept Kitchen / Dining / Livingroom with Fireplace, Large Office Space with Custom Built-in Library Shelving (and fantastic elevated private deck off the office!)

1st level Master Suite with Fireplace and wide plank Pine Floors. Top Floor boasts second Livingroom / Bedroom with 12' ceilings, gorgeous hardwood floors, Butler's Kitchen and Wood Burning fireplace. Exclusive use of Patio, GARAGE parking and another outdoor parking space. In Unit Laundry / MudRoom. Bonus shed / "workworking" area! Pets are case to case basis. Available now! 

Take advantage of all the South End has to offer. 

_____________________________

Price: $4,200 / month Size: 2600 Square Feet Bedrooms: 2 Baths: 3 Fireplaces: 3 Parking: 1 Garage & 1 Outdoor Space Location: 540 Massachusetts Ave, Boston MA

_____________________________ For a Private Showing & More Information:

Paul Santucci Director of Boston Lofts 617.694.0004 paul@bostonlofts.com

Loft Style Kitchen South End

Large Kitchen highlighted by skylights and huge ceilings at 540 Mass Ave Loft in South End

Fireplace Livingroom Loft

ONE of the THREE Fireplaces in this Exposed Brick 2 Level South End Loft

Deck at 540 Mass Ave

One of TWO outdoor private spaces at 540 Mass Ave, South End

Gorgeous Master Suite

Gorgeous Master Suite with Wide Plank Pine Floors, Spa-Like Master Bath

Renovated, Open & Creative Boston Loft for Rent

The Spencer Lofts boast the coolest, "brick & beam" lofts north of Boston, and this bright, open concept factory-converted, top-floor home is an absolute gem!

HUGE ceiling height, oversized factory windows, exposed beams, beautifully renovated kitchen straight out of "Dwell Magazine" with Chinese maple countertops & kitchen island, polished concrete floors, updated bathroom with subway tiles / sleek cabinets / brand new in-unit washer-dryer, ceiling fan, pendant lighting, central air, assigned parking space, wonderful & active loft association! 

Price: $2,000 Size: 960 +/- Square Feet Bedrooms: 1 (open concept) Baths: 1 Parking: 1 Assigned Location: 60 Dudley St, Chelsea

For a Private Showing & More Information:

Paul Santucci Director of Boston Lofts 617.694.0004 paul@bostonlofts.com

Spencer Lofts 317 for Rent

Unit 317 at Spencer Lofts is the perfect space for living creatively and comfortably.

Spencer Lofts 317

BRAND New Kitchen at Spencer Lofts 317 features Chinese maple Countertops and kitchen island, pendant lighting, new appliances, sleek / modern cabinets

Spencer Lofts 317

Open, Bright, Flexible Loft Space

 

Sunny 2 Bedroom Cambridge / Watertown Perfect Rental w/River Views!

Perfect, Sunny 2 Bedroom Floorplan with Charles River Views from Balcony & 2 Parking Spaces!

229 Coolidge Ave - right on the border of Cambridge & Watertown and overlooking the Charles River - boasts a sunny, perfectly designed & immaculate home with 2 large bedrooms, beautiful bath (w/ Washer/Dryer), hardwood floors, great storage / closets, well-appointed kitchen, open livingroom / diningroom, private balcony (with River Views!), & upscale lighting. Located steps to the Lechmere T and Kendall Square, this is just under 850 Square Feet of "feng-shui" style living. All within a professionally managed & secure building. FURNISHED!!

Price: $2,350 Furnished Size: 840 +/- Square Feet Bedrooms: 2 Baths: 1 Parking: 2 Assigned (One is a covered space!) Location: 229 Coolidge Ave, Watertown MA

For More Information and a Private Showing:

Paul Santucci Director of Boston Lofts 617.694.0004 paul@bostonlofts.com

Fantastic Kitchen Opens up into Dining / Living Rooms with Balcony!

Large Master Bedroom with Gleaming Hardwood Floors and Wall of Closets

Bright, Modern Kitchen with Island and fantastic countertop space

 

 

 

Gorgeous Top Floor Historic & Luxury Loft-Style East Cambridge Rental

63 Otis Street, Cambridge, boasts an amazingly sunny, top floor, loft-style home with a perfect blend of top of the line finishes & unique details in former Historic Mansion. Located steps to the Lechmere T and Kendall Square, this is just under 1300 Square Feet of gorgeous luxury living.

High Ceilings, Skylights, bow windows that let air & light stream in, hardwood floors, central-air, incredible master suite w/floor to ceiling built-ins / window bench & fireplace, 2 spa-like full bathrooms & perfect 1/2 bath, fully appointed modern kitchen that opens up into a huge open living/diningroom with gas fireplace, all this AND assigned parking!

Price: $3975/ month Available Oct 1st (or flexible) Size: 2 Bedrooms / 2.5 Baths (w/Master Suite), 1300 Square Feet Parking: 1 Assigned Space

For More Information and a Private Showing:

Paul Santucci Director of Boston Lofts 617.694.0004 paul@bostonlofts.com

click HERE for more Photos!

63 Otis Cambridge living room

Top Floor Open Livingroom / Diningroom is framed by a fireplace and beautiful bow windows

Master Bedroom at 63 Otis Street

HUGE & Sunny Master Suite at 63 Otis Street boasts floor-to-ceiling built-in storage, gas fireplace, flatscreen TV, Window bench and opens into spa-like Master Bath

Well Appointed Kitchen at 63 Otis

Spacious and Modern Kitchen with High-End Appliances opens up to the Dining / Living Rooms

 

 

 

 

Comments

  1. Robson on

    Good writing. I found your blog via Twitter, and as sneoome who has vocally complained about the amount of annoying realtors and other businesses spamming Twitter (Really? Do we need to put #reddeer in EVERY tweet?), I gotta give you some props for playing the game right.Just goes to show that it's not the fact your business is ON Twitter, it's how it USES Twitter that matters.

    CREATIVE LOFT OFFICE SPACE: 36 Bromfield Street, Boston

    Boston Realty Advisors is pleased to present 10,962 SF for lease at 36 Bromfield Street. This stately five-story office building is strategically located in the heart of Boston's Downtown Crossing neighborhood. The building's location boasts immediate proximity to all major public transportation channels and public parking. It offers several creative spaces for different types of users. Spaces range in size from 247 SF to 3,456 SF. Floors have great window lines allowing for views and sunlight.

    AMENITIES

    • Walking distance to MBTA Commuter Rail and Orange, Green, Red, Blue and Silver T Lines
    • Several parking options nearby
    • Close to several restaurants, hotels and shops including CVS, Macy's, Omni-Parker Hotel and Ruth's Chris Steakhouse
    • Member of the Downtown Boston Business Improvement District
    SPECIFICATIONS
    • Building Size 51,000 SF on 5 Floors
    • Available Space 5th Floor: 250-840 RSF 4th Floor: 3,138 RSF 3rd Floor: 407-3,456 RSF 2nd Floor: 247-1,557 RSF
    • Asking Rate $16.00-$22.00/RSF
    • Lease Term Negotiable
    (The property is owned and managed by The Druker Company, Ltd.)
    Contact: Bonny L. Doorakian 617.850.9655 bdoorakian@bradvisors.com

    Loft Style Office Space 30 Bromfield St, Boston

    Creative, Loft Style Office Spaces for Lease at 30 Bromfield Street in Boston, Located in the Heart of Downtown Crossing