Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Top-Floor Office Suite with Three Rooms Title is generated by Realmo AI

    1372 Hancock St #403, Quincy, MA 02169

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Top-floor office suite with three rooms and two restrooms, plus five shared parking spaces.

    Type:Commercial
    Property size:
    621 SF
    Price / SF:
    $2/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 4 at 2:12 am

    Property Features for 1372 Hancock St #403

    General Information

    Standard status
    Active
    Size
    621 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1952

    We can help!

    Listing Contact
    Jian Zhi Tan

    Listing agent Jian Zhi Tan License #455500689

    Listing office Central Real Estate

    Listing date Jun 3, 2026

    Source Alliancepartnersre

    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 Central Real Estate

    HighLights

    • Top‑floor office suite with 3 rooms for lease
    • Includes 2 separate restrooms on the same floor
    • Rental fee includes real estate tax and association fee
    • Five parking spaces in the back parking area owned by the building (first come, first serve)
    • Building previously owned by Quincy Savings Bank
    • Located near Quincy City Hall, Quincy Center "T" station, shopping areas, and restaurants

    Overview

    This top-floor office unit is configured with three rooms and includes two separate restrooms on the same floor. The rental fee is described as including real estate tax and the association fee, providing one combined charge for the space. The building has a back parking area with five parking spaces owned by the building, offered on a first-come, first-serve basis.

    The property is located near Quincy City Hall and the Quincy Center “T” station, with shopping areas and restaurants nearby. The building was previously owned by Quincy Savings Bank.

    For a tenant or owner-operator seeking a compact office arrangement, this suite’s three-room layout supports a range of professional uses that benefit from separate restroom facilities on the same level. Shared parking for up to five vehicles is available at the rear of the building, and the property’s transit- and amenity-adjacent setting can help support customer and employee access.
    Location Intelligence

    Current Use by Public Records

    Phelan Law Law Firm Matera Vopat Matera ... Law Firm Quincy Sun Publishing House Barron Thomas M Law Firm O'Leary Robert D Law Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0023788
    Latitude
    42.2503172

    Nearby Similar for Sale

    • $1,599,000
      3,348 SF

      Quincy Multifamily Investment Opportunity

      Classic six-family building in Quincy's Houghs Neck neighborhood.
      1225 Sea St, Quincy, MA 02169
      View Details
    • $1,250,000
      2,520 SF

      Renovated Two-Family Near Wollaston T

      Updated two-family in Quincy near amenities and public transportation.
      135 Safford St, Quincy, MA 02170
      View Details
    • $1,149,000
      2,790 SF

      Updated Two-Family Home Near Amenities

      Updated two-family property near beach, train, shopping, and dining.
      113 Elm Ave, Quincy, MA 02170
      View Details
    • $829,000
      1,944 SF

      Well-Maintained Two-Family Corner Home

      A two-family with private entrances, off-street parking, separate utilities, and recent updates, ideal for investors or owner-occupants.
      90 Lawn Ave, Quincy, MA 02169
      View Details
    • $1,099,000
      2,996 SF

      West Quincy Multifamily Property

      Well-maintained three-family property near MBTA Red Line.
      91 Garfield St, Quincy, MA 02169
      View Details
    • $725,000
      1,679 SF

      Quincy Two-Family Home For Sale

      Well-maintained two-family home in Quincy, ideal for owner-occupants.
      16 Water St, Quincy, MA 02169
      View Details
    • $1,399,000
      3,800 SF

      Quincy Multifamily Investment Opportunity

      Turnkey four-unit property in a desirable Quincy location.
      30 Elmwood Park, Quincy, MA 02171
      View Details
    • $1,199,000
      2,540 SF

      Well-Maintained Four-Family Corner Lot

      Immaculate four-family property in Quincy, ideal for investment or owner-occupancy.
      15-17 Grafton St, Quincy, MA 02169
      View Details
    • $695,000

      Versatile Commercial Property For Sale

      Standalone commercial property with two spaces and a finished lower level.
      12-16 Brooks Ave, Quincy, MA 02169
      View Details
    • $1,949,000
      14,000 SF

      Stand-Alone Warehouse Near Downtown Quincy

      14,000 SF warehouse near downtown Quincy with flexible space.
      90 School, Quincy, MA 02169
      View Details
    • $1,350,000
      5,986 SF

      Single-Story Office and Retail Building

      Versatile single-story space with retail frontage, natural light, and a drive-in delivery bay for flexible small business use.
      80 Sagamore St, Quincy, MA, MA 02171
      View Details
    • $1,350,000
      5,986 SF

      Versatile Office/Retail Property For Sale

      5,986 SF single-story office/retail property with versatile layout.
      80 Sagamore St, Quincy, MA 02171
      View Details

    FAQs

    What type of property is this?
    Office units - Top-floor office suite with three rooms and two restrooms, plus five shared parking spaces.
    Where is this office units located?
    The property is located at 1372 Hancock St #403 Quincy, MA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Top‑floor office suite with 3 rooms for lease; Includes 2 separate restrooms on the same floor; Rental fee includes real estate tax and association fee
    (617) 480-3696
    We can help!
    Listing Contact
    Jian Zhi Tan
    Real Estate License ID: 455500689
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1372 Hancock St, #403, Quincy, MA 02169
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!