$20,500,000 98 Lynnway Lynn, MA

MLS: 73029502   Type: Multi-Family   County: Essex   City: Lynn   Zip: 01902   Style: 5-9 Family   # Rooms: 99    Stories: 9   Taxes: $15,610

Mortgage $96,244 /mo



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Major Development Opportunity Harbor98 will be sold as an approved waterfront lot which has been removed from the VE zone so is not in a flood zone. 100% Market Rate development opportunity on the Lynnway, minutes to North Shore Community College, Lynn Heritage State Park, and Nahant Beach. This soon to be approved development will consist of 80 market rate units, 156 parking spaces, a large courtyard with a pool spanning one side of the building, a fitness center, cinema, business center, and more. Located between Seaport Landing Marina and Volunteer Yacht Club in Nahant harbor, Harbor 98 is part of a newly developed and highly desirable area in Lynn. Along with the lot and approvals, Harbor98 is also sold with marketing collateral such as logos, photos, renderings, access to Google Business account, website domain and more. Visit https://www.harbor98.com/ for more information. Due to MLS Limited data fields see list agent for accurate unit, bed, bath, total GLA and room count.

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Price History

8/25/2022 Listed $20,500,000

Appliances Other
Building Area Units Square Feet
Buyer Agent Compensation 1
City Lynn
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, Sidewalks
Compensation Based On Net Sale Price
Cooling Other
County Essex
Directions Use NAV
Facilitator Compensation 0
Garage Spaces, Detached Garage 99
Garage Y/N Yes
Heating Other
Interior Features Other, Other (See Remarks), Unit 1 Rooms(Living Room, Dining Room, Kitchen)
Lot Size Square Feet 161747
Property SubType 5-9 Family
Property Type Residential Income
Sewer Public Sewer
Showing Instructions Accompanied Showings, Appointment Required, Do Not Enter The Site Without A Confirmed Appointment
Standard Status Active
Status Active
Street Name Lynnway
Sub-Agency Relationship Offered No
Tax Annual Amount 15610.8
Tax Year 2022
TaxAssessedValue 1255900
Total Actual Rent 0
Total Rooms 99
Total Units 80
View Scenic View(s)
View Y/N Yes
Waterfront Features Waterfront, Beach Front, Ocean, Ocean, Beach Ownership(Public)
Waterfront Y/N Yes
Year Built 2022
Year Built Details To Be Built
Yearbuiltsource Owner
Zoning WF2

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Full Baths 99
Half Baths 47
Heating Y/N Yes
Total Baths 146
Total Bedrooms 99
Total Fireplaces 0
Total Stories 9

Exterior Features

Building Area Total 99999
Covered Spaces 99
Foundation Details Other
Lot Size Acres 3.71
Lot Size Area 3.71
Lot Size Units Acres
Parking Features Off Street
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Total Parking 99
Water Source Public

Property Schools

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Property vs Zip Code Avg (01902)

Price 20.5M Avg 2.18M

Sqr Feet 99,999 Avg 9,478

Cost / Sqr Ft $205 Avg $230

Taxes $15,610 Avg $8,265

Acres 3.71 Avg 0.35

Visits 25 Avg 35

Days on Site 41 Avg 60

Walkscore® 80 Avg 79

Data Provided by Walkscore ® not using MLS data

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Listed By: The Synergy Group with The Synergy Group.

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Location & Address

Gallagher Real Estate
1763 Northampton St
Holyoke, MA