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Property profile & analytics
FOR LEASE
Office buildings
1 Lincoln St, Boston, MA 02111
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-2293116
For Lease
1 / 2
Contact for pricing
1 Lincoln St, Boston, MA 02111
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
STEEL FRAME
Total area
1,074,111 SF
Lot
1.63 ac (70,906 SF)
Zoning code
C
APN
CBOS W:03 P:04246 S:010
UPID
US38-2293116
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CFGI Accounting Firm
-
Gregory N Blase Attorney Law Firm
-
Zus Health (Bike/Boat/Book/etc) Store Corporate Office
-
Roger L Smerage Attorney Law Firm
-
Weinstock Amiel Z Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$519.70M
Comparable Approach
Comparable
$596.03M
Blend (final)
Blend
$751.74M
Owner & transaction history
1 Lincoln Owner LLC · 1 yrs held
1 Lincoln Owner LLC
since 2025
Last sale
$889.0M
5 recorded transactions
Zoning & alternative use
C · Boston, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$722.7M
+21.3%
Auto repair, garage
$632.0M
+6.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$864,960,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$563,005,000
6.5%
$519,700,000
7%
$482,575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$596,035,000
Current use
RESTAURANT
$722,735,000
Change: +21% · Conversion: Moderate
AUTO REPAIR, GARAGE
$632,005,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$577,205,000
Change: -3% · Conversion: Moderate
COMMERCIAL (GENERAL)
$517,345,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$751.74M
Range $676.57M – $826.91M · ±10% · vs last sale $889.00M (Mar 24 2025)
Last sale anchor
$889.00M
Mar 24 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$700 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,907,900
Tax year 2024
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
38
Total area
1,074,111 SF
Lot
1.63 ac (70,906 SF)
Zoning code
C
APN
CBOS W:03 P:04246 S:010
UPID
US38-2293116
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Boston, MA
Zoning C · permitted uses
C · Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$596.0M
RESTAURANT
Est. value
$722.7M
AUTO REPAIR, GARAGE
Est. value
$632.0M
RETAIL STORES
Est. value
$577.2M
COMMERCIAL (GENERAL)
Est. value
$517.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Stories
38
Buildings
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
1 Lincoln Owner LLC
Entity
Mailing address
45 MAIN ST #302, BROOKLYN, NY 11201-1000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
$400,000,000
1 Lincoln Owner LLC
Lincoln Property LLC
Deed
related
$484,326,677 · Pcsd Bx Industrial Me
Sep 15, 2022
—
Lincoln St Prop Owner LLC
—
Deed
related
$763,000,000 · Msd Rcof Partners Xxx
Feb 8, 2021
—
Nflsre 51 Sleeper LLC
—
Deed
related
$90,000,000 · Jpmorgan Chase Bank NA
Nov 10, 2016
—
Lincoln Street Props
—
Deed
related
$535,000,000 · Morgan Stanley &
—
—
Lincoln Street Props
—
Deed Of Trust
related
$535,000,000 · Morgan Stanley &
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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