1039 Blue Hill Ave Boston, MA 02124
New 732 sq. ft. commercial condo on Blue Hill Avenue.
- Added:
- May 26, 2026
- Days on Market:
- 50
- Last Refresh:
- May 27 at 7:32 am
Property Features for 1039 Blue Hill Ave
General Information
- Standard status
- Active
- Size
- 732 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2026
Listing office Thumbprint Realty, LLC (617) 287-9000
Listing date May 26, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of Thumbprint Realty, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Brand‑new commercial condo in the Blume on the Ave development.
- High‑visibility location with excellent frontage on Blue Hill Avenue.
- Flexible layout suitable for retail, office, medical, or startup use.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.4k | $25.20 |
| − Vacancy | −$1.6k | −$2.14 |
| EGI | $16.9k | $23.06 |
| − OpEx | −$5.1k | −$6.92 |
| NOI | $11.8k | $16.14 |