160 Commonwealth Avenue Unit U, Boston, MA 02116
First floor office in desirable Boston submarket.
- Added:
- Sep 3, 2023
- Days on Market:
- 1012
- Last Refresh:
- Apr 20 at 3:35 am
Property Features for 160 Commonwealth Avenue Unit U
General Information
- Standard status
- Active
- Size
- 4,637 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1871
Listing agent William Catlin
Listing office Boston Realty Advisors
Listing date Sep 3, 2023
Source Stevebremis
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
HighLights
- Premier commercial/medical office space in a highly desirable Boston submarket.
- Centrally located at 170 Commonwealth Ave.
- Situated in the historic "The Vendome building".
- Located on the first floor.
- Unique real estate opportunity.
- Building constructed in 1871.
Overview
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 | $249.8k | $53.88 |
| − Vacancy | −$39.2k | −$8.46 |
| EGI | $210.6k | $45.42 |
| − OpEx | −$52.7k | −$11.36 |
| NOI | $158.0k | $34.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.07865
- Latitude
- 42.35128
