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Downtown Crossing

Midtown

Overview

Downtown Crossing is a lively Boston sub-neighborhood. While it lacks the tranquility of residential areas, it buzzes with vibrant shopping, historic sites, and urban energy at the heart of the city.

The Downtown Crossing neighborhood consists of predominantly high-rise, full-service condominium developments tucked in among the aging office towers. What this neighborhood lacks in terms of “character” or “charm,” which are often associated with Boston high end housing, it makes up for with views (depending on the floor you live on), services and garage parking!

Location

Downtown Crossing, nestled between the Financial District and Boston Common, is a bustling sub-neighborhood at the city’s commercial core. Anchored by Washington, Summer, and Winter Streets, it’s a pedestrian-friendly hub blending historic charm with modern energy. Luxury high-rises, historic department stores, and trendy eateries line its streets, while quieter alleys like Hawley and Franklin add character to the urban mix. With landmarks like the iconic Filene’s building and the vibrant shopping district, Downtown Crossing is a lively blend of commerce, culture, and city living.

$2M+ Luxury Market Data

Winthrop Center, a 314 condo building at 240 Devonshire Street opened in 2023, and in 2024 those sales continued to pour in. 35 units in this building closed above $2M in 2024 bringing in $122,222,194 in sales volume, which is more than half of the $227,361,694.00 in volume that traded in Midtown this year. The top sale in the building, and entire midtown area was PH1A, which achieved $11,575,000 ($2,872.21/SF). A number of Celtics players have landed in this towering building. The tower is a massive mixed-use property with large office space as well. Large companies took occupancy in the tower in 2024 bringing more life to this area of our downtown.

Millennium Tower Sales: Big Moves & Big Discounts

One of the core strategies for Millennium Partners was to move residents from their old building at Millennium Tower to Winthrop Center. So, it is no surprise that this year there were 8 sales in Millenium Tower as well, including the property that traded for the largest discount to asking, #4602. This transaction achieved 78.27% of its $5,995,000 asking price, eventually selling for $4,692,000.

Neighborhood Specialists

We believe when real estate consumers are presented with a complete and robust spread of data, in conjunction with their personal preferences, decisions can be reached with the most confidence.

To learn more about changing market dynamics moving into 2025 check out our Perspective on the Boston Luxury Housing Market>