Mixed-Use Office
For Sale
$696,800
42 Chauncy Street Unit Unit 1A/1B, Boston, MA 02111
For-sale office suite offered in Unit 1A/1B at 42 Chauncy Street.
Property Size2,144 SF
Days on Market249
Property Features for 42 Chauncy Street Unit Unit 1A/1B
General Information
Standard status
Active
Size
2,144 SF
Property subtype
COMMERCIAL
Site & Location
Neighborhood
Downtown
Taxes and HOA fees
Annual Taxes
$19,942
Building Details
Building Size
2,144 SF
Year Built
2003
Listing Agency:
Boston Realty Advisors
Listed By:
William Catlin
(617) 375-7900
Source:
Allisonmazer
Added: Feb 18
Changed: Oct 14
Last Checked: Oct 25 at 1:53AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale office suite is configured as Unit 1A/1B within a commercial building at 42 Chauncy Street. The offering is represented as office space within the broader commercial real estate category.
The property is located at 42 Chauncy Street in Boston, MA 02111. The listing is for the specific unit configuration of Unit 1A/1B.
Additional details about building amenities, interior layout, and condition are not provided in the available information, so prospective tenants or buyers should confirm specifics during due diligence.
The property is located at 42 Chauncy Street in Boston, MA 02111. The listing is for the specific unit configuration of Unit 1A/1B.
Additional details about building amenities, interior layout, and condition are not provided in the available information, so prospective tenants or buyers should confirm specifics during due diligence.
Key Highlights
- Office suite for sale in Unit 1A/1B at 42 Chauncy Street
- Built in 2003
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,214
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,280
$1.3M
Cap Rate 7%
$903,057
$903.1K
Cap Rate 9%
$702,378
$702.4K
Market Conditions
NOI Build-Up for 2,144 SF
Gross rent
$108.1K $50.40/SF
− Vacancy
−$23.8K −$11.09/SF
EGI
$84.3K $39.31/SF
− OpEx
−$21.1K −$9.83/SF
NOI
$63.2K $29.48/SF
Area
Boston, MA
Vacancy
22.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,280
Cap Rate 7%
$903,057
Cap Rate 9%
$702,378
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
24,027
Businesses Nearby
Explore this area
Business Placement
Demographics for 02111, MA
9,716
Population
4,535
Households
2.1
Avg Household Size
34
Median Age
57%
College-Educated
83%
High-School Grad
0.2 sq mi
ZIP Area
48,580
Density / Sq Mi
$70,865
Median Household Income
$42,225
Median Earnings
$1,994
Median Rent
$953,400
Median Home Value
Market
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office building - For-sale office suite offered in Unit 1A/1B at 42 Chauncy Street.
Where is this office building located?
The property is located at 42 Chauncy Street Unit 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: Office suite for sale in Unit 1A/1B at 42 Chauncy Street; Built in 2003
