Subdividable Second-Floor Office
For Sale
Contact for pricing
2 Maverick Sq, Boston, MA 02128
Second-floor office space in a newly built luxury building with floor-to-ceiling windows and flexible delivery for build-out.
Property Size66,000 SF
Price / SF$0.00
Days on Market392
Property Features for 2 Maverick Sq
General Information
Standard status
Active
Size
66,000 SF
Property subtype
Commercial
Zoning
RC
Lease Type
NNN
Site & Location
Neighborhood
East Boston
Taxes and HOA fees
Annual Taxes
$75,931
Building Details
Building Size
66,000 SF
Year Built
2022
Listing Agency:
Centre Realty Group
(617) 332-0077
Listed By:
Fionnula Bohan
(617) 653-4084
Source:
Churchillprop
Added: Sep 29, 2025
Changed: Oct 6
Last Checked: Oct 24 at 3:03PM
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 Centre Realty Group
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Investment Insights
Based on property information with market context.
Now available: up to 5,000 SF of subdividable second-floor space for lease in a newly built luxury building. The layout features dramatic floor-to-ceiling windows that bring in natural light. Space may be delivered as a blank “vanilla box” shell or in a ready-for-your-custom-build-out condition.
The building is described as being steps from the Blue Line subway, ferry service, waterfront, parks, restaurants, and shopping. The offering is positioned within a high-foot-traffic waterfront setting.
The landlord states the space can support a range of concepts, including restaurant, upscale gym, boutique office, medical, retail, or special-purpose use, depending on build-out and tenant requirements.
The building is described as being steps from the Blue Line subway, ferry service, waterfront, parks, restaurants, and shopping. The offering is positioned within a high-foot-traffic waterfront setting.
The landlord states the space can support a range of concepts, including restaurant, upscale gym, boutique office, medical, retail, or special-purpose use, depending on build-out and tenant requirements.
Key Highlights
- 5,000 SF second‑floor commercial space in a newly built luxury building (sub‑dividable)
- Floor‑to‑ceiling windows for abundant natural light
- Available as a blank vanilla box shell or for your custom build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,340,064
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,801,280
$26.8M
Cap Rate 7%
$19,143,771
$19.1M
Cap Rate 9%
$14,889,600
$14.9M
Market Conditions
NOI Build-Up for 66,000 SF
Gross rent
$2.38M $36.00/SF
− Vacancy
−$142.6K −$2.16/SF
EGI
$2.23M $33.84/SF
− OpEx
−$893.4K −$13.54/SF
NOI
$1.34M $20.30/SF
Area
Boston, MA
Vacancy
6.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$26,801,280
Cap Rate 7%
$19,143,771
Cap Rate 9%
$14,889,600
Alternative Uses
Best Use
Office B
$27.80M
$24.32M – $32.43M
NOI $1,945,944 @ 7.0% cap · market cap 4,054,050.00%
Second Best
Healthcare Medical
$19.14M
$16.75M – $22.33M
NOI $1,340,064 @ 7.0% cap · market cap 2,791,800.00%
Theoretical Best
Office A
$49.42M
$43.24M – $57.66M
NOI $3,459,456 @ 7.0% cap · market cap 7,207,200.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,956
Businesses Nearby
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Business Placement
Demographics for 02128, MA
43,066
Population
19,124
Households
2.3
Avg Household Size
33
Median Age
38%
College-Educated
77%
High-School Grad
5.0 sq mi
ZIP Area
8,613
Density / Sq Mi
$92,079
Median Household Income
$48,549
Median Earnings
$2,009
Median Rent
$680,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office space in a newly built luxury building with floor-to-ceiling windows and flexible delivery for build-out.
Where is this office unit located?
The property is located at 2 Maverick Sq Boston, MA.
What are key features of this property?
This property features: 5,000 SF second‑floor commercial space in a newly built luxury building (sub‑dividable); Floor‑to‑ceiling windows for abundant natural light; Available as a blank vanilla box shell or for your custom build‑out
