315-317 Langley Road, Newton

315 & 317 Langley Road Newton

William Senné

President and Chief Executive Officer

Britany Caruso Director 617.669.1069 bcaruso@sennere.com

Senné is comprised of 150+ practitioners of finance, property management, marketing, construction, design, residential and commercial brokerage, and planning, all working together to raise the bar on client satisfaction.

Our unique composition enables us to offer elevated advisory services with a broader perspective on the real estate market for our clients and partners to ensure their dreams are our goals.

Senné is committed to the simple idea that excellence and positive human interaction are not mutually exclusive. This belief informs the real estate work that we do and our service to the communities we serve. We never rest. Quality is paramount to us, and it shines through in everything we do. We reject the concept of one size fits all and embrace the unique diversity of opportunities and challenges that each client brings us.

Drawing on the collective experience of our development, construction, and brokerage teams, Senné offers curated specialty services for real estate developers, institutions and investors. With experience developing and building in excess of $2 billion worth of real estate investments nationally, we pay special attention to every detail to bring excellence and success to market.

The team takes a multidisciplinary approach fostering flexible and entrepreneurial solutions that are at the core of the Senné mission.

Moises Martinez Director 617.658.3989 mmartinez@sennere.com

Jacob King Manager 413.214.1947 jking@sennere.com

DISCLAIMER: Senné Commercial, LLC has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than Senné Commercial, LLC and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.

The William Senné Team WST@sennere.com I 617.934.7313

We Are

Who

Investment Summary

315 Langley Road - 10,857 sq. ft. lot

Allowable FAR 10,857 sq. ft. x 0.48 of total lot size= 5,211 sq.ft. FAR

divide by 2 = 2,605 sq. ft. each unit

Existing Building: Gross Area: 2,320 sq.ft. Living Area: 1,016 sq.ft.

317 Langley Road - 10,009 sq. ft. lot

Allowable FAR 10,000 sq. ft x 0.48 = 4,800sq.ft. FAR

divide by 2 = 2,400 sq.ft each unit

Existing building: Gross area: 3,338 sq.ft. Living Area: 1,939 sq.ft.

DEVELOPERS BEHOLD!

This is a unique and rare opportunity to acquire 2 single-family homes on adjoining lots in highly sought after Thompsonville Newton. There is the possibility for 2 two-family style Townhouse structures for a total of 4 condos or 5-unit Townhouse Development if you combine the lots and apply for a special permit.

Property Highlights

315 & 317 Langley Road

VALUE ADD POTENTIAL

Developers behold! This is a unique and rare opportunity to acquire 2 single-family homes on adjoining lots in highly sought after Thompsonville Newton. There is the possibility for 2 two-family style Townhouse structures for a total of 4 condos or 5-unit Townhouse Development if you combine the lots and apply for a special permit. Both parcels sit on MR-1 lots in steadily flourishing Thompsonville Newton neighborhood. Langley street is the premier Newton Centre to Chestnut Hill corridor.

STRATEGIC LOCATION / WALKABLE LOCATION

The property is located on the border of Chestnut Hill and Newton Center. Newton Center is the nexus point to all of Newton, Chestnut Hill, and Brookline. Walking distance to the T. Close proximity to Equinox, Lifetyme Fitness, Barry’s Bootcamp, Wegmans, Wholefoods, and the local malls and restaurants. Walking distance and close to the Bowen School, easy access to Newton North and South, and the local universities. Newton, specifically this area of Newton, is the second most desirable location in the country and the no. 2 school district. 20-minute drive to Boston, Cambridge, South Station, and Logan Airport.

Location Overview

Thompsonville

The Newton village of Thompsonville is often associated with its Bowen School, perhaps because it seems like everyone in Newton can figure out where the Bowen School is, but figuring out where Thompsonville begins and ends can be a bit more challenging. Thompsonville’s village center is even more elusive...

According to City hall’s “Village Views” webpages, Thompsonville “has a concentration of commercial activity near the intersection of Langley Road and Jackson Street, but the village is most closely associated with Chestnut Hill and the regional shopping malls on Route 9/Boylston Street “. Thompsonville is bordered by Newton Centre and the Newton Andover Theological Seminary to the northwest, conservation land to the northeast and south, Oak Hill to the southwest, and the malls of Chestnut Hill to the southeast. Newton Centre dominates at one end, and Route 9 and the malls at the other. It wasn’t always this way.

Source: Newton Villages Alliance http://www.newtonvillagesalliance.org/thompsonville.html