Office Suite in Multi-Unit
42 Chauncy Street #Unit 1A/1B Boston, MA 02111
42 Chauncy Street #Unit 1A/1B, Boston, MA, 02111
$696,800
For Sale
$696,800
For-sale office suite located within a multi-unit building at 42 Chauncy Street.
Property Size2,144 SF
Price / SF$325
Days on Market17
Property Features for 42 Chauncy Street #Unit 1A/1B
General Information
- Standard status
- Active
- Size
- 2,144 SF
Building Details
- Year Built
- 2003
Listing agency
Boston Realty Advisors
(617) 375-7900
Listed by
William Catlin
Source
Laerrealty
Added: Jul 7 Updated: Jul 22 at 8:02AM Checked: Jul 22 at 8:02AM
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
Investment Insights
Based on property information with market context.
This for-sale office suite is located within a multi-unit commercial building and includes unit 1A/1B at 42 Chauncy Street. The offering is designed for business use within the existing office building environment.
The property is identified as 42 Chauncy Street, #Unit 1A/1B, Boston, MA 02111.
Based on the information provided, the suite is positioned as a dedicated office space within the broader building, offering an established commercial setting for prospective owner-occupants or office tenants.
The property is identified as 42 Chauncy Street, #Unit 1A/1B, Boston, MA 02111.
Based on the information provided, the suite is positioned as a dedicated office space within the broader building, offering an established commercial setting for prospective owner-occupants or office tenants.
Key Highlights
- For‑sale office suite located in a multi‑unit building
- Building year built: 2003
- Located at 42 Chauncy Street
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 | $108.1k | $50.40 |
| − Vacancy | −$23.8k | −$11.09 |
| EGI | $84.3k | $39.31 |
| − OpEx | −$21.1k | −$9.83 |
| NOI | $63.2k | $29.48 |
2,144 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$903.1K
$790.2K – $1.05M
NOI $63,214 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.40M – $1.87M
NOI $112,380 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For-sale office suite located within a multi-unit building at 42 Chauncy Street.
Where is this office building located?
The property is located at 42 Chauncy Street #Unit 1A/1B Boston, MA.
What is the asking price?
The asking price for this property is $696,800.
What are key features of this property?
This property features: For‑sale office suite located in a multi‑unit building; Building year built: 2003; Located at 42 Chauncy Street
