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Property profile & analytics
FOR LEASE
Office buildings
133 Federal St, Boston, MA 02110
Entity Owned
~
Est. High Equity
Property ID
US38-0695535
For Lease
1 / 2
$14,780,000
133 Federal St, Boston, MA 02110
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Construction
CONCRETE
Total area
120,000 SF
Lot
0.46 ac (20,157 SF)
Zoning code
C
APN
CBOS W:03 P:04206 S:000
UPID
US38-0695535
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
-
Dr. Arlo M. Aarav, DDS Physician
-
Baker Newman Noyes Accounting Firm Tax Preparation
-
Power Launch Charitable Organization Social Service Agency
-
Hays Companies Insurance Agency
-
Investment Property Exchange Services Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.32M
Comparable Approach
Comparable
$17.30M
Blend (final)
Blend
$14.78M
Owner & transaction history
133 Federal LLC
133 Federal LLC
since 2025
Last sale
$15.8M
7 recorded transactions
Zoning & alternative use
C · Boston, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,180,000
6.5%
$10,320,000
7%
$9,580,000
Blend value · Realmo final
$14.78M
Range $13.30M – $16.26M · ±10% · vs last sale $15.75M (Dec 5 2025)
Last sale anchor
$15.75M
Dec 5 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
$123 / 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
$880,288
Tax year 2024
Assessed value
$34,835,300
Assessed 2024
Previous assessed
$43,190,200
-19.3% YoY
Effective rate
2.53%
On assessed value
Assessed land
$14,278,400
Assessed improvement
$20,556,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1959
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
12
Units
17
Total area
120,000 SF
Lot
0.46 ac (20,157 SF)
Zoning code
C
APN
CBOS W:03 P:04206 S:000
UPID
US38-0695535
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.
Building & site characteristics
From public records
Year built
1959
Construction
CONCRETE
Heating
NONE
Stories
12
Buildings
1
Units
17
Lot
0.46 ac
Current owner
From public records · entity-resolved
133 Federal LLC
Entity
Mailing address
89 PLEASANT ST, NATICK, MA 01760-5669
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
$15,750
133 Federal LLC
B E Realty LP
Deed
—
Dec 5, 2025
$15,750,000
133 Federal LLC
B E Realty LP
Deed
$10,500,000 · Hingham Institution For Savings
Feb 11, 2021
—
Bc Lenox LP
—
Deed
related
$693,370 · Blue Hub Loan Fund
Feb 13, 2008
—
Be Realty LP
—
Deed Of Trust
related
$26,000,000 · Citizens Bank Of Ma
Dec 5, 2000
—
Be Realty Ltd Ptshp
—
Deed Of Trust
related
$23,350,000 · Column Financial INC
May 20, 1997
—
Be Realty LP
—
Deed Of Trust
related
$9,750,000 · Variable Annuity Life
Jul 27, 1994
—
Be Rlty LP
—
Deed Of Trust
related
$8,000,000 · Zuckerman Family Nomi
Jul 21, 1994
$6,000,000
Be Realty LP
One Thirty Three T
Grant Deed
$8,000,000 · Zuckerman Family Nomi
Jul 18, 1988
—
One Thirty Three Tr
—
Deed Of Trust
related
$48,170,000 · Zuckerman Family Nomi
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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