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Financial District Boutique Office Space

88 Broad St #203, Boston, MA 02110

For Lease
$32 SF/Yr

Boutique office building in the heart of the financial district.

Space SizeContact for details
Days on Market255

Property Features for 88 Broad St #203

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Downtown

Taxes and HOA fees

Annual Taxes $469,624

Building Details

Year Built 1899
Listing Agency: Red Tree Real Estate
Listed By: Adam Kotkin · License MA RE-B-9510337
Source: Corcoran
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 16 at 1:56AM

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 Red Tree Real Estate

Rey
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Investment Insights

Based on property information with market context.

Located in the heart of the financial district, this stand-alone boutique office building offers newly divided spaces. There are four available units on the second floor. The building features window exposure on all sides, with harbor views available on the upper floors. The construction is brick with a stone façade, and the building is equipped with energy-efficient, double-glazed windows. A new HVAC system with 5 heat pumps per floor has been installed, along with new or updated bathrooms and redesigned, modern elevators. The building has a new electrical system designed to tenant specifications and full fire protection. The property includes a 3-level spacious lobby entry with handicapped accessibility to the elevator level. The available space is 1395 square feet.

Key Highlights

  • New HVAC with 5 heat pumps per floor
  • Newly divided office units available in the heart of the financial district
  • Harbor views on upper floors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Syntagma Group Employment Agency Anthony Drago, Jr. Law Firm Palladion Services, LLC Security Service Browne Realty Advisors Real Estate Agency Sunderland Law LLC Law Firm

Suggested Use

Top Pick HVAC Service Pet Grooming Service Clothing & Fashion Store Buffet Butcher Tanning Salon

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

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

21,502
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Boston, MA

$40.66 /SF/Yr
Avg Asking Price
$8–$96.43 /SF/Yr
Price Range
10,172 SF
Avg Space Size

This space is priced 21% below the average of $40.66 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Boston, MA

$33.96 Jul
$35.8 Aug
$37.86 Sep
$40.94 Oct

Properties on Market for Office Units in Boston

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Boston, MA

9.1% 2019
12.4% 2020
10.8% 2021
12.5% 2022
15.1% 2023
17% 2024
18.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Boutique office building in the heart of the financial district.
Where is this office unit located?
The property is located at 88 Broad St #203 Boston, MA.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: New HVAC with 5 heat pumps per floor; Newly divided office units available in the heart of the financial district; Harbor views on upper floors
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