450 Lexington St #204, Newton, MA 02466
1,738 SF office condo in the heart of Auburndale.
- Added:
- Apr 25, 2026
- Days on Market:
- 48
- Last Refresh:
- Apr 25 at 6:16 am
Property Features for 450 Lexington St #204
General Information
- Standard status
- Active
- Size
- 1,738 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agent Stefan Frey (617) 596-7833
Listing office Commonwealth Commercial Advisors, Inc. (617) 596-7833
Listing date Apr 25, 2026
Source Liongatere
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 Commonwealth Commercial Advisors, Inc.
HighLights
- Move‑in ready 1,738 SF office condominium in Auburndale.
- Convenient location near Interstate 90, Interstate 95, commuter rail, and Green Line, with walkable access to dining and amenities.
- Features a glass‑enclosed reception area, conference room, and kitchenette, plus a mix of private and open offices.
- Abundant natural light with sunny southern exposure, oversized windows, high ceilings, and hardwood floors.
- Professionally managed building with elevator access and ample on‑site parking.
- Boutique building with a strong mix of established firms and ongoing upgrades.
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 | $94.3k | $54.24 |
| − Vacancy | −$20.7k | −$11.93 |
| EGI | $73.5k | $42.31 |
| − OpEx | −$18.4k | −$10.58 |
| NOI | $55.1k | $31.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2468514
- Latitude
- 42.3469721