Contacts
Property Details
- Property Type Other
- Units 126
- Date Updated May 18, 2026
Freudenheim Partners and JBS Commercial Real Estate are pleased to introduce the Terrace Street Portfolio, an entitled residential development opportunity located in Boston’s Mission Hill neighborhood. The offering consists of two independent, strategically aligned projects that may be acquired individually or together, providing flexibility across rental and for sale execution strategies in a high barrier submarket adjacent to the Longwood Medical Area.
Offering Highlights
- Entitled dual project residential opportunity offered individually or as a portfolio
- Prime Mission Hill location approximately 500 feet from the Roxbury Crossing MBTA Orange Line
- Less than 0.5 miles from the Longwood Medical and Academic Area, Boston’s largest non downtown employment hub
- High barrier, supply constrained submarket supporting durable rental and for sale demand
Terrace Street Apartments | 110 128R Terrace Street
- 79 unit mixed income multifamily development
- One ground floor retail space totaling approximately 3,000 square feet
- 85,147 gross square feet with 32 below grade parking spaces
Terrace Place Condominiums | 1 and 4 Terrace Place
- 47 unit luxury for sale condominium development
- 49,866 gross square feet
- 15 below grade parking spaces
Reach out to the broker for more info on lease terms and amenities
Highlights
- Durable, Recession Resistant Demand Drivers: Sustained housing demand supported by more than 100,000 healthcare, research, and academic jobs, proximity to world renowned medical institutions, and nearby universities.
- Efficient and Diversified Residential Programs: The entitled multifamily project features micro through three bedroom layouts with approximately 82% market rate and 18% affordable housing, while the entitled condominium project offers a boutique luxury unit mix designed to capture strong Mission Hill for sale demand.
- Entitled Dual Project Residential Opportunity: Two independent, strategically aligned entitled developments consisting of a 79 unit mixed income multifamily rental project with ground floor retail and a 47 unit luxury for sale condominium project, offering flexibility to execute a rental, for sale, phased, or blended strategy.
- High Barrier, Supply Constrained Submarket: Limited developable land, restrictive zoning, and strong community oversight continue to constrain new housing supply, supporting low vacancy, pricing growth, and long term asset performance across both rental and for sale product types.
- Prime Mission Hill and Longwood Location: Approximately 500 feet from the Roxbury Crossing MBTA Orange Line and 0.5 miles from the Longwood Medical and Academic Area, Bostons largest non downtown employment hub and one of the strongest drivers of regional housing demand.
Getting around
-
76/100
Walk Score ®
-
89/100
Transit Score ®
-
68/100
Bike Score ®
Location
- City Boston, MA
- Neighborhood Mission Hill
- Zip Code 02120
- Market Boston
Points of Interest
-
Jackson Square
0.42 miles
-
Stony Brook
0.84 miles
-
Longwood
1.10 miles
-
Saint Mary's Street
1.30 miles
-
Lansdowne
1.32 miles
-
Kenmore
1.43 miles
-
Hynes
1.43 miles
-
Newmarket
1.66 miles
-
Boston Back Bay
1.76 miles
-
Back Bay
1.77 miles
-
ChargePoint
0.42 miles
-
JP Oil
1.09 miles
-
Gulf
1.14 miles
-
Tesla Supercharger
1.15 miles
-
Sunoco
1.16 miles
-
Shell
1.17 miles
-
JP Gas
1.20 miles
-
Gibbs Gas Station
1.23 miles
-
Stop and Shop
1.34 miles
-
Audy's Mobil
1.42 miles
-
West Lot
0.59 miles
-
Ryder Lot
0.66 miles
-
West Village Parking Garage
0.66 miles
-
Boston Latin School Side Parking Lot
0.66 miles
-
MFA Garage
0.69 miles
-
Rennaissance Parking Garage
0.72 miles
-
MFA Bus Parking
0.73 miles
-
Patient and Family Garage
0.74 miles
-
333 Longwood Garage
0.80 miles
-
Brigham and Women's Patient Parking
0.80 miles
-
Inn at Longwood Medical
0.80 miles
-
Hilton Garden Inn
0.85 miles
-
Residence Inn
0.92 miles
-
The Viridian
1.12 miles
-
The Verb Hotel
1.17 miles
-
The Midtown Hotel
1.29 miles
-
Hampton Inn
1.31 miles
-
Oasis Guest House
1.32 miles
-
Boston Fenway Inn
1.33 miles
-
Adams Bed & Breakfast
1.33 miles
-
Stop & Shop
0.39 miles
-
Wollaston's Market
0.69 miles
-
Daily Table
0.78 miles
-
Whole Foods Market
0.81 miles
-
Tropical Foods
0.87 miles
-
Star Market
1.05 miles
-
Target
1.12 miles
-
Marshalls
1.18 miles
-
TJ Maxx
1.45 miles
-
Prudential Center
1.52 miles