114-116 North Beacon Boston, MA 02135
Land near Boston Landing and Allston Yards mixed-use developments.
Property Features for 114-116 North Beacon
General Information
- Standard status
- Active
- Size
- 7,500 SF
Building Details
- Year Built
- 1940
Listing office Charlesgate Realty Group, llc
Listing date May 30, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Charlesgate Realty Group, llc
Investment Insights
Based on property information with market context.
Key Highlights
- Proximity to Boston Landing, a mixed‑use development.
- Close to the Boston Landing Station (Framingham/Worcester Line).
- Near the New Balance World Headquarters, Warrior Ice Arena, and Auerbach Center.
Local Financial Insights For Mixed Use
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 | $315.0k | $42.00 |
| − Vacancy | −$22.1k | −$2.94 |
| EGI | $293.0k | $39.06 |
| − OpEx | −$109.9k | −$14.65 |
| NOI | $183.1k | $24.41 |
