60 Clayton Street, Boston, MA 02122
14,178 Sq. Ft. renovated office building for sale.
- Added:
- Aug 4, 2024
- Days on Market:
- 678
- Last Refresh:
- Apr 21 at 6:08 am
Property Features for 60 Clayton Street
General Information
- Standard status
- Active
- Size
- 14,178 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agent Bret O'Brien
Listing office Greater Boston Commercial Properties,Inc.
Listing date Aug 4, 2024
Source Stevebremis
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 Greater Boston Commercial Properties,Inc.
HighLights
- 14,178 Sq. Ft. office building
- Renovated mill building with exposed brick and wood beams
- Exposed brick and wood beams
- Suitable for users and investors
- Year Built: 1900
- Office building for sale
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 | $714.6k | $50.40 |
| − Vacancy | −$157.2k | −$11.09 |
| EGI | $557.4k | $39.31 |
| − OpEx | −$139.3k | −$9.83 |
| NOI | $418.0k | $29.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.05609
- Latitude
- 42.30218
