Office Units in Vendome
160-170 Commonwealth Ave Boston, MA 02116
For Sale
Contact for pricing
First-floor and garden-level office units offered for sale with separately metered electricity and water.
Property Size4,637 SF
Price / SF$681.48
Days on Market829
Property Features for 160-170 Commonwealth Ave
General Information
Standard status
Active
Size
4,637 SF
Property subtype
OFFICE
Listing Agency:
Boston Realty Advisors
(617) 850-9613
Listed By:
Aleksia Bulku
(508) 530-8226
Source:
Moodyscre
Added: Apr 22, 2024
Changed: Jul 27
Last Checked: Jul 28 at 4:07PM
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.
Office units are available for sale within “The Vendome” building at 160–170 Commonwealth Ave. The offering includes first-floor units U-3B, U-4A, and U-5, along with a garden-level unit L-7. Delivery is described as free and clear, with no existing lease(s) in place.
The property is positioned in a centrally located Boston submarket, presented with the building’s historic character and French-inspired design as part of its appeal for commercial retail, office, and medical users.
Additional stated carrying costs include condo fees of $60,756 for the first floor (CY 2024) and $43,152 for the garden level (CY 2024). Real estate taxes are listed at $44,102.53 for the first floor (FY 2024) and $21,079 for the garden level (FY 2024). Utilities are separately metered for electricity and water.
The property is positioned in a centrally located Boston submarket, presented with the building’s historic character and French-inspired design as part of its appeal for commercial retail, office, and medical users.
Additional stated carrying costs include condo fees of $60,756 for the first floor (CY 2024) and $43,152 for the garden level (CY 2024). Real estate taxes are listed at $44,102.53 for the first floor (FY 2024) and $21,079 for the garden level (FY 2024). Utilities are separately metered for electricity and water.
Key Highlights
- For sale: First‑floor office units U‑3B, U‑4A & U‑5 for $3,334,000
- For sale: Garden‑level office unit L‑7 for $1,965,000
- Free and clear delivery with no existing leases in place
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 | $249.8k | $53.88 |
| − Vacancy | −$39.2k | −$8.46 |
| EGI | $210.6k | $45.42 |
| − OpEx | −$52.7k | −$11.36 |
| NOI | $158.0k | $34.07 |
4,637 SF · lease $53.88/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.26M
$1.97M – $2.63M
NOI $157,962 @ 7.0% cap · market cap 5.00%
Second Best
Healthcare Medical
$1.22M
$1.07M – $1.42M
NOI $85,224 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$2.75M
$2.40M – $3.20M
NOI $192,156 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-floor and garden-level office units offered for sale with separately metered electricity and water.
Where is this office units located?
The property is located at 160-170 Commonwealth Ave Boston, MA.
What is the asking price?
The asking price for this property is $3,160,000.
What are key features of this property?
This property features: For sale: First‑floor office units U‑3B, U‑4A & U‑5 for $3,334,000; For sale: Garden‑level office unit L‑7 for $1,965,000; Free and clear delivery with no existing leases in place
