55 Lagrange Boston, MA 02116
Ground-floor retail space in downtown Boston's new luxury condominium.
Property Features for 55 Lagrange
General Information
- Standard status
- Active
- Size
- 1,331 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2022
Listing office Boston Realty Advisors (617) 375-7900
Listing date Apr 25, 2026
Source Liongatere
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime 1,331 SF ground‑floor retail space in a newly constructed luxury condominium.
- Located in Downtown Boston on LaGrange Street with strong visibility and high pedestrian traffic.
- Situated in The Parker, a new luxury condominium building with 168 residences.
Local Financial Insights For Retail
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 | $41.2k | $30.96 |
| − Vacancy | −$3.2k | −$2.41 |
| EGI | $38.0k | $28.55 |
| − OpEx | −$11.4k | −$8.56 |
| NOI | $26.6k | $19.98 |