New-Construction Mixed-Use
120 Brookside Ave, Boston, MA 02130
For Sale
New
$1,050,000
Three commercial condo spaces provide a combined setting for retail and professional office uses.
Property Size2,585 SF
Price / SF$406.19
Days on Market4
Property Features for 120 Brookside Ave
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Additional Details
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Abandoned
Listing Agency:
City Realty Group
(617) 751-5119
Listed By:
Myles Whalen
(617) 821-6838
Source:
Isosrealty
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 11 at 11:54PM
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 City Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering comprises three newly constructed commercial condominium spaces totaling 2,585 square feet. Individual units measure 770, 850, and 965 square feet. The property was built in 2021 and is zoned LI, Legal Conforming. Retail and professional office uses are noted for the spaces.
The property is at 120 Brookside Ave in Boston, 0.1 miles from the MBTA Green Street station. Street parking is available nearby.
The property is at 120 Brookside Ave in Boston, 0.1 miles from the MBTA Green Street station. Street parking is available nearby.
Key Highlights
- Three commercial condo spaces total 2,585 square feet
- Unit areas are 770 SF, 850 SF, and 965 SF
- Built in 2021; zoned LI, Legal Conforming
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,106
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,262,120
$1.3M
Cap Rate 7%
$901,514
$901.5K
Cap Rate 9%
$701,178
$701.2K
Market Conditions
NOI Build-Up for 2,585 SF
Gross rent
$108.6K $42.00/SF
− Vacancy
−$7.6K −$2.94/SF
EGI
$101.0K $39.06/SF
− OpEx
−$37.9K −$14.65/SF
NOI
$63.1K $24.41/SF
Area
Boston, MA
Vacancy
7.00%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,262,120
Cap Rate 7%
$901,514
Cap Rate 9%
$701,178
Alternative Uses
Best Use
Mixed Use
$901.5K
$788.8K – $1.05M
NOI $63,106 @ 7.0% cap · market cap 6.01%
Second Best
Retail
$596.0K
$521.5K – $695.4K
NOI $41,723 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$1.94M
$1.69M – $2.26M
NOI $135,495 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
1,877
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Home Improvements & Furnishings 41%
Apparel 12%
Hardware City Inc
Home Improvements & Furnishings
3,764 visits/mo
0.4 miles
TD Bank
Shops & Services
2,772 visits/mo
0.4 miles
Citizens Bank
Shops & Services
2,551 visits/mo
0.4 miles
Yumont True Value Hardware
Home Improvements & Furnishings
2,302 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
2,176 visits/mo
0.4 miles
Demographics for 02130, MA
38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Boston, MA
Properties on Market for Mixed-use properties in Boston
Vacancy Rate% for Retail in Boston, MA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial condo spaces provide a combined setting for retail and professional office uses.
Where is this mixed-use property located?
The property is located at 120 Brookside Ave Boston, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three commercial condo spaces total 2,585 square feet; Unit areas are 770 SF, 850 SF, and 965 SF; Built in 2021; zoned LI, Legal Conforming
