Allston/Brighton Stand-Alone Office
46-48 Leo M Birmingham Pkwy Boston, MA 02135
46-48 Leo M Birmingham Pkwy, Boston, MA, 02135
$3,600,000
For Sale
$3,600,000
7422 SF office building in prime Allston/Brighton location.
Property Size7,422 SF
Price / SF$485.04
Days on Market88
Property Features for 46-48 Leo M Birmingham Pkwy
General Information
- Standard status
- Active
- Size
- 7,422 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing agency
Commonwealth Commercial Advisors, Inc.
(617) 596-7833
Listed by
Stefan Frey
(617) 596-7833
Source
Liongatere
Added: Apr 25 Updated: Jul 10 at 1:17PM Checked: Jul 20 at 4:53AM
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 Commonwealth Commercial Advisors, Inc.
Investment Insights
Based on property information with market context.
This is a 7422 SF stand-alone office building situated in the Allston/Brighton area. The property is positioned at the intersection of Soldiers Field Road and Western Avenue, offering accessibility to Cambridge, downtown Boston, and the Mass Turnpike (I-90). This location is in a sought-after submarket within the city of Boston, presenting an opportunity for an owner-user to acquire a hard-to-find asset.
Key Highlights
- 7422 SF stand‑alone office building.
- Located in the highly desirable Allston/Brighton area of Boston.
- Ideal for an owner‑user.
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 | $374.1k | $50.40 |
| − Vacancy | −$82.3k | −$11.09 |
| EGI | $291.8k | $39.31 |
| − OpEx | −$72.9k | −$9.83 |
| NOI | $218.8k | $29.48 |
7,422 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.13M
$2.74M – $3.65M
NOI $218,830 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.56M
$4.86M – $6.48M
NOI $389,032 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 7422 SF office building in prime Allston/Brighton location.
Where is this office building located?
The property is located at 46-48 Leo M Birmingham Pkwy Boston, MA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 7422 SF stand‑alone office building.; Located in the highly desirable Allston/Brighton area of Boston.; Ideal for an owner‑user.
