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New-Construction Retail Condo
For Sale
$339,000

C1-120 Brookside Ave, Boston, MA 02130

Two-level commercial condominium suited to retail or professional office use with access to public transportation.

Property Size770 SF
Price / SF$440.26
Days on Market51

Property Features for C1-120 Brookside Ave

General Information

Standard status Active
Size 770 SF

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $999,999
Listing Agency: City Realty Group
Listed By: Sean Rose · License #9567526
Source: Exprealty
Added: Aug 31 Changed: Oct 19 Last Checked: Oct 19 at 9:34AM

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 City Realty Group

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Investment Insights

Based on property information with market context.

This new-construction commercial condominium provides approximately 770 SF across two levels. The space is positioned for retail or professional office use and can accommodate settings such as a salon, spa, accounting office, legal office, dental practice, medical facility, or physical therapy operation.

The property is located at C1-120 Brookside Ave in Boston’s Jamaica Plain neighborhood, approximately 0.1 miles from the MBTA Green Street station. Street parking is available nearby, and the surrounding area includes residential density that supports a range of neighborhood-oriented commercial uses.

Key Highlights

  • Approximately 770 SF arranged across two levels
  • New‑construction commercial condominium
  • Approximately 0.1 miles from the MBTA Green Street station

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,703
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$454,060 $454.1K
Cap Rate 7%
$324,329 $324.3K
Cap Rate 9%
$252,256 $252.3K
Market Conditions
NOI Build-Up for 770 SF
Gross rent
$38.8K $50.40/SF
− Vacancy
−$8.5K −$11.09/SF
EGI
$30.3K $39.31/SF
− OpEx
−$7.6K −$9.83/SF
NOI
$22.7K $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%
$454,060
Cap Rate 7%
$324,329
Cap Rate 9%
$252,256

Alternative Uses

Best Use
Office B
$324.3K
$283.8K – $378.4K (±1% cap)
NOI $22,703 @ 7.0% cap · market cap 6.70%
Second Best
Retail
$177.5K
$155.4K – $207.1K (±1% cap)
NOI $12,428 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$576.6K
$504.5K – $672.7K (±1% cap)
NOI $40,360 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Skin Care Clinic Accounting Firm Restaurant Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,808
Businesses Nearby

Demographics for 02130, MA

38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value

Market

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?
Retail space - Two-level commercial condominium suited to retail or professional office use with access to public transportation.
Where is this retail space located?
The property is located at C1-120 Brookside Ave Boston, MA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Approximately 770 SF arranged across two levels; New‑construction commercial condominium; Approximately 0.1 miles from the MBTA Green Street station
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