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Property profile & analytics
OFF-MARKET
Estimated value
$3,670,000
Office buildings
1073 Hancock St 1079, Quincy, MA 02169-2110
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-1192485
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
STEEL FRAME
Total area
15,620 SF
Lot
0.41 ac (17,877 SF)
Zoning code
BUSC
APN
QUIN M:1153 B:5 L:A
UPID
US38-1192485
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
-
高昇會計師事務所 Accounting Firm Tax Preparation
-
Sing Ng, CPA - Creative Accounting Solutions Accounting Firm
-
S & T Associates Tax Preparation
-
QuickPay Tax Preparation
-
Madden Daniel J DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.67M
Owner & transaction history
Hacheng Trading USA INC · 13 yrs held
Hacheng Trading USA INC
since 2012
7 recorded transactions
Zoning & alternative use
BUSC · Quincy, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+22.7%
Retail stores
$4.6M
+11.3%
Apartment house (5+ units)
$4.5M
+8.9%
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,100,000
Current use
AUTO REPAIR, GARAGE
$5,030,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$4,560,000
Change: +11% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,460,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,605,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$3.67M
Range $3.30M – $4.04M · ±10%
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
$235 / 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
$44,222
Tax year 2024
Assessed value
$1,969,800
Assessed 2024
Previous assessed
$1,969,800
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$421,200
Assessed improvement
$1,548,600
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
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
4
Units
16
Total area
15,620 SF
Lot
0.41 ac (17,877 SF)
Zoning code
BUSC
APN
QUIN M:1153 B:5 L:A
UPID
US38-1192485
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSC · Quincy, MA
Zoning BUSC · permitted uses
BUSC · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
RETAIL STORES
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$3.6M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1966
Construction
STEEL FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
4
Buildings
1
Units
16
Lot
0.41 ac
Current owner
From public records · entity-resolved
Hacheng Trading USA INC
Entity
Mailing address
1073 HANCOCK ST STE #105, QUINCY, MA 02169-2110
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2012
$1,455,000
Hacheng Trading USA INC
Bosyen Realty LLC
Grant Deed
—
Aug 1, 2003
$1,337,500
Bosyen RT LLC
So RT
Grant Deed
$800,000 · Asian American Bank & Trust
Oct 16, 2002
$1,330,000
So RT
Hancock St Corp
Grant Deed
—
May 12, 1997
$700,000
1073 Hancock St Corp
1073 Hancock St Corp
Grant Deed
related
$700,000 · Century Bank & Trust Co
Oct 21, 1994
—
Leo E Martin JR.
—
Deed Of Trust
related
$700,000 · Zwi Kohorn
Jan 19, 1988
$1,890,000
Leo E Martin JR.
Kelly,rosemary Tr
Trustees Deed
$450,000 · Zuckerman Family Nomi
Dec 28, 1987
—
Rosemary Kelly
—
Deed Of Trust
related
$50,000 · Zwi Kohorn
Nov 17, 1987
—
1073 Hancock St.
—
Deed Of Trust
related
$75,000 · Zwi Kohorn
Oct 8, 1987
—
Kelly Tr,rosemary
—
Deed Of Trust
related
$1,100,000 · Century Bk Suffolk
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.
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