Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1432 Commonwealth Ave, Unit 1440 Brighton, MA 02135-3715

    • Super regional malls
    • 5,436 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $1,105,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0874977
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Super regional malls

    Property Details for 1432 Commonwealth Ave

    Year built
    1925
    Construction
    BRICK
    Lot size
    0.17 lot acres
    Property size
    5,436 SF
    Zone code
    C
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    ALLS W:21 P:01820 S:000
    APU
    ALLSW21P01820S000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,795,000
      Current use
      INDUSTRIAL (GENERAL)
      $1,735,000
      Change: -3% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brighton
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.1399
    Latitude
    42.3482
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $43,270
    $791,300
    $921,000
    $1,712,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,145,000
      6,696 SF

      311 Washington St, Unit 315

      REGIONAL SHOPPING CENTER, MALL • 6,696 SF
      311 Washington St, Brighton, MA 02135-3376
      View Details
    • Value Estimation
      $2,105,000
      10,083 SF

      1581 Commonwealth Ave, Unit 1597

      REGIONAL SHOPPING CENTER, MALL • 10,083 SF
      1581 Commonwealth Ave, Brighton, MA 02135-3506
      View Details
    • Value Estimation
      $550,000
      2,870 SF

      543-547A Washington St

      REGIONAL SHOPPING CENTER, MALL • 2,870 SF
      543-547A Washington St, Brighton, MA 02135
      View Details
    • Value Estimation
      $1,415,000
      8,500 SF

      594 Washington St, Unit 600A

      REGIONAL SHOPPING CENTER, MALL • 8,500 SF
      594 Washington St, Brighton, MA 02135-2548
      View Details
    • Value Estimation
      $625,000
      4,179 SF

      32 Brks St, Unit 46

      REGIONAL SHOPPING CENTER, MALL • 4,179 SF
      32 Brks St, Brighton, MA 02135-1717
      View Details
    • Value Estimation
      $1,710,000
      3,412 SF

      535-537B Washington St

      REGIONAL SHOPPING CENTER, MALL • 3,412 SF
      535-537B Washington St, Brighton, MA 02135
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,557 SF

      Commercial Condo in Leather District

      Stunning commercial condo in Boston's Leather District with flexible layout.
      210-216 Lincoln St, Boston, MA 02135
      View Details
    • $4,750,000

      Stabilized Commercial Building in Brighton

      Fully stabilized retail/office building with strong tenants and high visibility.
      270-272 Parsons St, Boston, MA 02135
      View Details
    • Contact for pricing
      1,455 SF

      Retail Showroom/Office Condo For Sale

      Ground floor commercial condominium with high traffic in Boston.
      132 Lincoln St, Boston, MA 02135
      View Details
    • Contact for pricing

      Turnkey Bakery in Brighton

      Established bakery with loyal customer base, low rent.
      1 Main St, Boston, MA 02135
      View Details
    • Contact for pricing

      Established Convenience Store in Watertown

      Turnkey convenience store with high foot traffic in prime location.
      121 Galen St, Watertown, MA 02135
      View Details
    • $825,000
      Pending

      Luxury Residence with City Views

      New construction one-bed, one-bath condo with balcony and parking.
      249 Corey Rd, Boston, MA 02135
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      65,442 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in Boston, MA.
      301 Guest St, Boston, MA 02135
      View Details
    • Contact for pricing

      Retail Space on Washington Street

      Retail space available, 1,750 SqFt, prime Boston location.
      470 Washington St, Boston, MA 02135
      View Details
    • Contact for pricing
      2,568 SF

      Downtown Boston Retail Space Available

      Prime retail space in Boston's Downtown Crossing retail corridor.
      19-21 School St, Boston, MA 02135
      View Details
    • Contact for pricing
      5,102 SF

      Retail Space in Brighton, MA

      Retail space available in mixed-use development near New Balance HQ.
      123-135 Guest St, Brighton, MA 02135
      View Details
    • Contact for pricing
      4,600 SF

      Retail Property in Roslindale Center

      4,600 SF single-tenant retail property in a densely populated neighborhood.
      743-747 South St, Roslindale, MA 02135
      View Details
    • Contact for pricing
      2,304 SF

      Retail Space Near South Station

      Retail space in high-traffic area near Boston's South Station.
      62-82 Lincoln St, Boston, MA 02135
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1432 Commonwealth Ave, Unit 1440
    Brighton, MA 02135-3715
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!