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    Medical and Professional Office Suites Title is generated by Realmo AI

    137 Newbury St. #C, Boston, MA 02116

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    For Lease
    $2,200/Mo $13 SF/Yr (calc)

    Flexible office and suite configurations with reception and waiting areas, elevator access, and shared amenities on the 6th floor.

    Property size:
    2,000 SF
    Added:
    Jun 5, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 7 at 1:45 am

    Property Features for 137 Newbury St. #C

    General Information

    Standard status
    Active
    Size
    2,000 SF

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    Gabriella Roostaie

    Listing agent Gabriella Roostaie

    Listing office Marc Roos Realty

    Listing date Jun 5, 2026

    Source 413realestate

    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 Marc Roos Realty

    HighLights

    • Office space on the 6th floor at 137 Newbury St with flexible layouts from 150 SF to 2,000 SF
    • Options to rent a single/private office or an entire suite with multiple office rooms plus reception and waiting area
    • Current tenants include medical professionals; suites are described as suitable for legal, tax, and medical use
    • Shared amenities on the same floor include bathrooms and a shared break/kitchen room
    • Elevator access and modern electronic signage in the building lobby
    • Flat pricing starting at $2,200+/month depending on office size

    Overview

    Located at 137 Newbury St., this 6th-floor office space offers multiple layouts, including options for a single private office or an entire suite with several office rooms. Suites can include a reception and waiting area, supporting professional operations that need a polished front-of-house experience.

    The building provides elevator access and shared bathroom facilities on the same floor, along with a shared break or kitchen room for tenant convenience. Professional property management is in place, and the building lobby features modern electronic signage. Large windows provide daylight and views toward Newbury Street.

    Current tenants include medical professionals, and the space is described as well-suited for other professional practices such as legal and tax in addition to medical use. With room configurations that range from smaller offices to multi-room suites, it can accommodate different team sizes and practice styles while maintaining a consistent, professional workflow with a staffed-style reception area where available.
    Location Intelligence

    Current Use by Public Records

    jonathan p. radford Real Estate Agency Talanian Realty Real Estate Agency The McLaren Team Real Estate Agency Alithia Monroe Physician Albert Lynch Real ... Real Estate Agency

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.07714
    Latitude
    42.35129

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    FAQs

    What type of property is this?
    Office units - Flexible office and suite configurations with reception and waiting areas, elevator access, and shared amenities on the 6th floor.
    Where is this office units located?
    The property is located at 137 Newbury St. #C Boston, MA.
    What is the lease rate?
    The lease rate is $2,200 /Mo.
    What are key features of this property?
    This property features: Office space on the 6th floor at 137 Newbury St with flexible layouts from 150 SF to 2,000 SF; Options to rent a single/private office or an entire suite with multiple office rooms plus reception and waiting area; Current tenants include medical professionals; suites are described as suitable for legal, tax, and medical use
    We can help!
    Listing Contact
    Gabriella Roostaie
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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