Group Boston Real Estate
About Michael Carucci
A diligent and respected Boston real estate broker, Michael Carucci has a well-honed business sense and an in-depth knowledge of the Boston real estate market. As the president of Group Boston Real Estate, Mr. Carucci represents one of the greater Boston area’s most productive real estate agents, ranking in the top 1 percent of sales volume. With expertise in commercial and residential real estate, Michael Carucci regularly contributes his market knowledge to newspapers, as well as to trade and business publications.
Mr. Carucci and his fellow principals at Group Boston Real Estate have built a brokerage office to meet the objectives of every type of real estate buyer and seller. The team’s collective experience exceeds 100 years and includes transactions for single-family dwellings, condominiums, and commercial properties.
The firm’s client list includes such high-profile names as the New England Patriots, Fidelity Investments, Massachusetts General Hospital, and the Boston Red Sox. Michael Carucci and his colleagues have built the firm's reputation one transaction at a time with unflagging commitment to their clients.
Group Boston Real Estate founder Michael Carucci acts as dual broker of $4.25m sale of 254 Newbury Street in Boston
BOSTON--(BUSINESS WIRE)--Group Boston Real Estate (GBRE), Boston’s premier real estate agency, announced today that founder Michael Carucci represented both the buyer and seller of 254 Newbury Street in Boston, closing the transaction for $4.25 million. Gurbir-Tanu LLC acquired the 5,460 square foot brownstone from Boston real estate developer The Mount Vernon Company.
A four-story mixed-use building, 254 Newbury hosts Mumbai Chopstix Restaurant on the ground and first floors, while the prestigious Royalton Suites occupies the upper structure.
“Michael was responsible for the acquisition, lease up, financing, and subsequent sale of the property to everyone’s satisfaction” said Bruce Percelay, Chairman of The Mount Vernon Company.
“The Mount Vernon Company is one of Boston’s most respected developers/owners of apartments properties, and we were pleased to represent them in this transaction,” said GBRE’s Michael Carucci.
About Group Boston Real Estate: Group Boston Real Estate, remains Boston’s premier real estate agency for luxury properties, condominiums, townhouses, and homes. Included among its esteemed clientele are Bain & Company, Peabody Properties, The Boston Redsox, and Massachusetts General Hospital.