Hawthorne Place Office
2 Hawthorne #111-112s Boston, MA 02114
For Sale
$639,000
First-floor office condos near Mass General Hospital.
Property Size1,393 SF
Price / SF$458.72
Days on Market94
Property Features for 2 Hawthorne #111-112s
General Information
- Standard status
- Active
- Size
- 1,393 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1967
Listing Agency:
Allton Realty, LLC
(617) 990-4065
Listed By:
Frank Interrante
(617) 990-4065
Source:
Liongatere
Added: Apr 25
Changed: Jul 6
Last Checked: Jul 26 at 4:40PM
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 Allton Realty, LLC
Investment Insights
Based on property information with market context.
Four first-floor office condos are available across from Mass General Hospital in the Hawthorne Place Condominium. The location is suitable for medical, financial, or legal professionals, with access to major highways, T lines, commuter rail, North Station, TD Garden, Beacon Hill, Faneuil Hall, Government Center, and Downtown. Each office suite includes visitor paid parking, private bathrooms, exam rooms, central reception areas, and kitchenettes. The condo fee covers 24/7 concierge service, heat, water, gas, central air, sewer, laundry facilities, and snow removal. The community comprises 480 residences, 25 professional office suites, and green space. Office sizes range from 605 sq ft to 1393 sq ft. Flexible floor plans are available, and parking can be rented or purchased at an additional cost.
Key Highlights
- Prime location directly across from Mass General Hospital, ideal for medical, financial, or legal professionals.
- Four first‑floor office condos available in the prestigious Hawthorne Place Condominium.
- Each suite includes private bathrooms, exam rooms, central reception areas, and kitchenettes.
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 | $70.2k | $50.40 |
| − Vacancy | −$10.7k | −$7.66 |
| EGI | $59.5k | $42.74 |
| − OpEx | −$14.9k | −$10.68 |
| NOI | $44.7k | $32.05 |
1,393 SF · lease $50.40/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$637.9K
$558.2K – $744.2K
NOI $44,652 @ 7.0% cap · market cap 6.99%
Second Best
Healthcare Medical
$404.0K
$353.5K – $471.4K
NOI $28,283 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$724.7K
$634.1K – $845.5K
NOI $50,730 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - First-floor office condos near Mass General Hospital.
Where is this office units located?
The property is located at 2 Hawthorne #111-112s Boston, MA.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Prime location directly across from Mass General Hospital, ideal for medical, financial, or legal professionals.; Four first‑floor office condos available in the prestigious Hawthorne Place Condominium.; Each suite includes private bathrooms, exam rooms, central reception areas, and kitchenettes.
