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New Two-Level Office Condo
For Sale
$405,000

C3-120 Brookside Ave, Boston, MA 02130

New-construction commercial condo with flexible office and retail functionality near public transportation.

Property Size965 SF
Price / SF$419.69
Days on Market53

Property Features for C3-120 Brookside Ave

General Information

Standard status Active
Size 965 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 21 at 12:21AM

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 965 SF arranged across two levels. The compact layout can accommodate office, professional-service, medical, beauty, spa, or traditional retail uses, subject to applicable requirements. Its condominium format offers an ownership option for an operating business or professional practice.

The property is located at C3-120 Brookside Ave in Boston’s Jamaica Plain neighborhood, approximately .1 miles from the MBTA Green Street station. Nearby residential density and available street parking add practical support for customer-facing and appointment-based operations.

Key Highlights

  • New‑construction commercial condominium
  • Approximately 965 SF across two levels
  • Located .1 miles from the MBTA Green Street station

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,452
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,040 $569.0K
Cap Rate 7%
$406,457 $406.5K
Cap Rate 9%
$316,133 $316.1K
Market Conditions
NOI Build-Up for 965 SF
Gross rent
$48.6K $50.40/SF
− Vacancy
−$10.7K −$11.09/SF
EGI
$37.9K $39.31/SF
− OpEx
−$9.5K −$9.83/SF
NOI
$28.5K $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%
$569,040
Cap Rate 7%
$406,457
Cap Rate 9%
$316,133

Alternative Uses

Best Use
Office B
$406.5K
$355.7K – $474.2K (±1% cap)
NOI $28,452 @ 7.0% cap · market cap 7.03%
Second Best
Retail
$222.5K
$194.7K – $259.6K (±1% cap)
NOI $15,576 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$722.6K
$632.3K – $843.0K (±1% cap)
NOI $50,581 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

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?
Office unit - New-construction commercial condo with flexible office and retail functionality near public transportation.
Where is this office unit located?
The property is located at C3-120 Brookside Ave Boston, MA.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: New‑construction commercial condominium; Approximately 965 SF across two levels; Located .1 miles from the MBTA Green Street station
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