Office Building Near Route
139-527 Albany St Boston, MA
139-527 Albany St, Boston, MA, 00000
Contact for pricing
For Sale
Contact for pricing
Office building with owner-occupant opportunity near Boston.
Property Size7,272 SF
Lot Size0.73 Acres
Price / SF$680.69
Days on Market1360
Property Features for 139-527 Albany St
General Information
- Standard status
- Active
- Size
- 7,272 SF
- Lot size
- 0.73 Acres
- Property subtype
- OFFICE
Listing agency
Boston Realty Advisors
(617) 850-9675
Listed by
Kevin Benzinger · License #9557247
(617) 850-9647
Source
Moodyscre
Added: Oct 31, 2022 Updated: Jul 10 at 11:43AM Checked: Jul 21 at 4:40AM
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 Boston Realty Advisors
Investment Insights
Based on property information with market context.
This office building offers approximately 11,000 square feet, with approximately 7,000 square feet available for an owner-occupant or tenant on the second floor. Situated at the corner of Malden Street on the north end of Albany Street, the location provides immediate access to Route 93/Southeast Expressway and is within walking distance to Boston. The property includes two off-street parking spots. A loading dock provides access to the second-floor space via a raised exterior platform.
Key Highlights
- Immediate access to Route 93/Southeast Expressway.
- ±7,000 SF available for owner‑occupant or tenant.
- Walking distance to Boston.
Local Financial Insights For Office B
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 | $366.5k | $50.40 |
| − Vacancy | −$80.6k | −$11.09 |
| EGI | $285.9k | $39.31 |
| − OpEx | −$71.5k | −$9.83 |
| NOI | $214.4k | $29.48 |
7,272 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.06M
$2.68M – $3.57M
NOI $214,408 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.45M
$4.76M – $6.35M
NOI $381,169 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with owner-occupant opportunity near Boston.
Where is this office building located?
The property is located at 139-527 Albany St Boston, MA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Immediate access to Route 93/Southeast Expressway.; ±7,000 SF available for owner‑occupant or tenant.; Walking distance to Boston.
