Private-Floor Office
For Sale
$2,495,000
2a-60 Harvard St, Brookline, MA 02445
Four-sided windows bring natural light into a self-contained commercial suite with deeded on-site parking.
Property Size8,047 SF
Price / SF$310.05
Days on Market15
Property Features for 2a-60 Harvard St
General Information
Standard status
Active
Size
8,047 SF
Total Parking Spaces
6
Additional Details
Public Transit
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$999,999
Amenities
ample signage opportunities
large windows on four sides providing abundant natural light
multiple private bathrooms
Listing Agency:
City Realty Group
(617) 751-5119
Listed By:
Sean Rose · License #9567526
(617) 997-8351
Source:
Exprealty
Added: Sep 21
Changed: Oct 2
Last Checked: Oct 4 at 4:57PM
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 City Realty Group
Investment Insights
Based on property information with market context.
This 8,047-square-foot office condominium occupies its own private floor at 60 Harvard St. Windows on all four sides provide natural light, and the suite includes multiple private bathrooms. Signage opportunities are available, along with six deeded parking spaces on site.
The property is 0.3 miles, or about a five-minute walk, from the Brookline Village Green Line station. Multiple on-street parking spaces are also nearby.
The property is 0.3 miles, or about a five-minute walk, from the Brookline Village Green Line station. Multiple on-street parking spaces are also nearby.
Key Highlights
- 8,047 SF office condominium on its own private floor
- Six deeded parking spaces on site
- Windows on all four sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$176,582
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,531,640
$3.5M
Cap Rate 7%
$2,522,600
$2.5M
Cap Rate 9%
$1,962,022
$2.0M
Market Conditions
NOI Build-Up for 8,047 SF
Gross rent
$282.0K $35.04/SF
− Vacancy
−$46.5K −$5.78/SF
EGI
$235.4K $29.26/SF
− OpEx
−$58.9K −$7.31/SF
NOI
$176.6K $21.94/SF
Area
Norfolk County, MA
Vacancy
16.50%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,531,640
Cap Rate 7%
$2,522,600
Cap Rate 9%
$1,962,022
Alternative Uses
Best Use
Office B
$2.52M
$2.21M – $2.94M
NOI $176,582 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.76M
$4.17M – $5.56M
NOI $333,466 @ 7.0% cap · market cap 13.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
4,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 02445, MA
22,499
Population
10,016
Households
2.2
Avg Household Size
36
Median Age
86%
College-Educated
98%
High-School Grad
2.6 sq mi
ZIP Area
8,653
Density / Sq Mi
$145,878
Median Household Income
$76,514
Median Earnings
$2,779
Median Rent
$1,218,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Four-sided windows bring natural light into a self-contained commercial suite with deeded on-site parking.
Where is this office units located?
The property is located at 2a-60 Harvard St Brookline, MA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 8,047 SF office condominium on its own private floor; Six deeded parking spaces on site; Windows on all four sides
