Loft-Style Residential Income
For Sale
$925,000
25 Channel Center, Boston, MA 02210
Expansive loft residence with garage parking, deeded storage, and concierge service in a professionally managed building.
Property Size1,229 SF
Price / SF$752.64
Days on Market38
Property Features for 25 Channel Center
General Information
Standard status
Active
Size
1,229 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
in-unit laundry
24/7 concierge
professional management
Range
Oven
Dishwasher
Disposal
Microwave
Refrigerator
Freezer
Washer
Dryer
Central Air
Wood
Carpet
Forced Air
2.0 Stories
$8,100 Taxes
Public
Built in 2004
Building Details
Year Built
2004
Listing Agency:
Broad Street Boutique Realty LLC
(774) 280-2745
Listed By:
Jamie Lee
Source:
Donahuere
Added: Jul 6
Changed: Aug 7
Last Checked: Aug 12 at 3:14AM
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 Broad Street Boutique Realty LLC
Investment Insights
Based on property information with market context.
This loft-style residential income property at 25 Channel Center offers a duplex layout with one bedroom and one and a half baths. The 1,229 SF open floor plan is defined by 18-foot ceilings, a full wall of windows, wide-plank flooring, and track lighting. Interior features include in-unit laundry, Viking appliances, motorized blackout shades, a custom built-in walk-in closet, and a bathroom with separate shower and tub. One garage parking space and additional deeded storage are included.
Built in 2004, the Channel Center building provides 24/7 concierge service, professional management, elevator access, and a pet-friendly policy. The residence is positioned on a quieter street in Boston’s Seaport area, within walking distance of surrounding neighborhood amenities.
Built in 2004, the Channel Center building provides 24/7 concierge service, professional management, elevator access, and a pet-friendly policy. The residence is positioned on a quieter street in Boston’s Seaport area, within walking distance of surrounding neighborhood amenities.
Key Highlights
- 1,229 SF duplex loft with one bedroom and 1.5 baths
- 18‑foot ceilings and a wall of windows
- One garage parking space plus deeded storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,872
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$577,440
$577.4K
Cap Rate 7%
$412,457
$412.5K
Cap Rate 9%
$320,800
$320.8K
Market Conditions
NOI Build-Up for 1,229 SF
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.
Gross rent
$54.6K $44.40/SF
− Vacancy
−$2.1K −$1.69/SF
EGI
$52.5K $42.71/SF
− OpEx
−$23.6K −$19.22/SF
NOI
$28.9K $23.49/SF
Area
Boston, MA
Vacancy
3.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$577,440
Cap Rate 7%
$412,457
Cap Rate 9%
$320,800
Alternative Uses
Best Use
Apartment 5plus
$412.5K
$360.9K – $481.2K
NOI $28,872 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$920.3K
$805.2K – $1.07M
NOI $64,419 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,547
Businesses Nearby
Explore this area
Business Placement
Demographics for 02210, MA
5,808
Population
5,227
Households
1.1
Avg Household Size
35
Median Age
93%
College-Educated
100%
High-School Grad
0.9 sq mi
ZIP Area
6,453
Density / Sq Mi
$178,833
Median Household Income
$121,855
Median Earnings
$3,501
Median Rent
$1,212,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Expansive loft residence with garage parking, deeded storage, and concierge service in a professionally managed building.
Where is this residential income property located?
The property is located at 25 Channel Center Boston, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 1,229 SF duplex loft with one bedroom and 1.5 baths; 18‑foot ceilings and a wall of windows; One garage parking space plus deeded storage
