Six-Floor Office
67 Batterymarch St, Boston, MA 02110
For Sale
$9,500,000
Brick construction and a glass penthouse addition distinguish this conforming office property.
Property Size24,024 SF
Price / SF$395.44
Days on Market21
Property Features for 67 Batterymarch St
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
617 Luxury Properties
Listed By:
Cara Siciliano · License #10491208675
(617) 515-1005
Source:
Condonrealty
Added: Oct 19
Changed: Nov 7
Last Checked: Nov 7 at 2:13PM
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 617 Luxury Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Boston office building contains 24,024± square feet across six full floors. Built in 1915, the brick structure has a glass penthouse addition and occupies a corner lot. Its zoning is C, Legal Conforming.
The property is near South Station, Post Office Square, Faneuil Hall, and the Federal Courthouse. The address is 67 Batterymarch St, Boston, MA 02110.
The property is near South Station, Post Office Square, Faneuil Hall, and the Federal Courthouse. The address is 67 Batterymarch St, Boston, MA 02110.
Key Highlights
- 24,024± SF distributed across six full floors
- 1915 brick building with a modern glass penthouse addition
- Corner‑lot location at 67 Batterymarch St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$708,324
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,166,480
$14.2M
Cap Rate 7%
$10,118,914
$10.1M
Cap Rate 9%
$7,870,267
$7.9M
Market Conditions
NOI Build-Up for 24,024 SF
Gross rent
$1.21M $50.40/SF
− Vacancy
−$266.4K −$11.09/SF
EGI
$944.4K $39.31/SF
− OpEx
−$236.1K −$9.83/SF
NOI
$708.3K $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%
$14,166,480
Cap Rate 7%
$10,118,914
Cap Rate 9%
$7,870,267
Alternative Uses
Best Use
Office B
$10.12M
$8.85M – $11.81M
NOI $708,324 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.99M
$15.74M – $20.99M
NOI $1,259,242 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
24,086
Businesses Nearby
Explore this area
Business Placement
Demographics for 02110, MA
2,921
Population
1,563
Households
1.9
Avg Household Size
49
Median Age
85%
College-Educated
99%
High-School Grad
0.2 sq mi
ZIP Area
14,605
Density / Sq Mi
$132,239
Median Household Income
$111,227
Median Earnings
$3,142
Median Rent
$1,104,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Boston, MA
Properties on Market for Office buildings in Boston
Vacancy Rate% for Office in Boston, MA
Frequently Asked Questions
What type of property is this?
Office building - Brick construction and a glass penthouse addition distinguish this conforming office property.
Where is this office building located?
The property is located at 67 Batterymarch St Boston, MA.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 24,024± SF distributed across six full floors; 1915 brick building with a modern glass penthouse addition; Corner‑lot location at 67 Batterymarch St
