270-272 Parsons St, Boston, MA 02135
Fully stabilized retail/office building with strong tenants and high visibility.
- Added:
- Apr 23, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 23 at 10:39 am
Property Features for 270-272 Parsons St
General Information
- Standard status
- Active
- Size
- 8,556 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agent Sean Rose (617) 997-8351
Listing office City Realty Group (617) 997-8351
Listing date Apr 23, 2026
Source Alliancepartnersre
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HighLights
- Stabilized commercial building with strong‑credit, long‑term tenants and nearly $430k gross income.
- Prime Brighton location with exceptional visibility and direct frontage along the Mass Pike.
- High traffic location with nearly 300,000 vehicles passing daily, ideal for rooftop signage and billboard tenants.
- Approximately 8,556 SF of retail/office space.
- Ample on‑site parking with approximately 40 lined spaces and potential for expansion.
- Convenient access to I‑90 (1.5 miles).
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 | $431.2k | $50.40 |
| − Vacancy | −$94.9k | −$11.09 |
| EGI | $336.4k | $39.31 |
| − OpEx | −$84.1k | −$9.83 |
| NOI | $252.3k | $29.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.15852
- Latitude
- 42.35807