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Four-Story Storefront Building
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83 Newbury St, Boston, MA 02116

An elevator connects the building’s four floors, which are occupied by three retail tenants.

Property Size7,600 SF
Days on Market2

Property Features for 83 Newbury St

General Information

Standard status Active
Size 7,600 SF
Property subtype Retail
Occupancy 100%

Amenities

elevator

Building Details

Year Built 1899
Buildings 1
Stories 4
Units 8
Tenancy Multi
Listing Agency: Boston Realty Advisors
Listed By: Joe Wagner · License #9557247
Source: Bradvisors
Added: Oct 11 Last Checked: Oct 11 at 2:36PM

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

Investment Insights

Based on property information with market context.

This four-story storefront property contains 5,700 square feet above grade and a 1,900-square-foot lower level. Constructed in 1899, it has elevator service throughout and is fully leased to three tenants: Zimmermann on the ground floor, Warby Parker on the second and third floors, and AER on the fourth floor. Lease expirations are staggered across 2028, 2031, and 2035, with rent escalations included in the leases.

The property is on the second block of Newbury Street in Boston’s Back Bay, near the Copley and Arlington T stops. Retail occupancy on Newbury Street is 98%.

Key Highlights

  • 5,700 square feet above grade plus a 1,900‑square‑foot lower level
  • Four‑story building constructed in 1899
  • Elevator access serves all floors

Property Analytics

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Current Use

Warby Parker Newbury ... (Bike/Boat/Book/etc) Store Warby Parker Eye ... Physician

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply HVAC Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

12,463
Businesses Nearby
189k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 60% Hotels & Casinos 16% Dining 11% Home Improvements & Furnishings 7%
Saks Fifth Avenue Apparel
81,452 visits/mo 0.4 miles
Moxy Boston Downtown Hotels & Casinos
26,386 visits/mo 0.5 miles
Neiman Marcus Apparel
24,205 visits/mo 0.3 miles
Shake Shack Dining
20,304 visits/mo 0.4 miles
RH (Restoration Hardware) Home Improvements & Furnishings
13,933 visits/mo 0.1 miles

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Boston, MA

3.9% 2019
4.6% 2020
4.2% 2021
4% 2022
3.5% 2023
3.2% 2024
3.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - An elevator connects the building’s four floors, which are occupied by three retail tenants.
Where is this storefront property located?
The property is located at 83 Newbury St Boston, MA.
What are key features of this property?
This property features: 5,700 square feet above grade plus a 1,900‑square‑foot lower level; Four‑story building constructed in 1899; Elevator access serves all floors
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