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Property profile & analytics
OFF-MARKET
Estimated value
$5,395,000
Retail properties & Spaces
21 Beale St 29 Quincy, MA 02170-2716
Entity Owned
6-yr Hold
Free & Clear
Property ID
US38-0756866
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,868 SF
Lot
0.28 ac (12,083 SF)
Zoning code
BUSC
APN
QUIN M:5093 B:2 L:1
UPID
US38-0756866
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
-
Koi Hot Pot Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.40M
Owner & transaction history
Chan Realty LLC · 6 yrs held
Chan Realty LLC
since 2020
Last sale
$4.7M
7 recorded transactions
Zoning & alternative use
BUSC · Quincy, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$919 / 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
$32,175
Tax year 2024
Assessed value
$1,433,200
Assessed 2024
Previous assessed
$1,433,200
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$296,600
Assessed improvement
$1,136,600
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
6
Rooms
6
Bathrooms
6
Total area
5,868 SF
Lot
0.28 ac (12,083 SF)
Zoning code
BUSC
APN
QUIN M:5093 B:2 L:1
UPID
US38-0756866
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.
Building & site characteristics
From public records
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
6
Rooms
6
Bathrooms
6
Lot
0.28 ac
Current owner
From public records · entity-resolved
Chan Realty LLC
Entity
Free & Clear · 6 yrs held
Mailing address
67 RDG AVE, NEWTON, MA 02459-2506
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2020
$5,180,000
Chan Realty LLC
Bayfort Hldgs LLC
Quit Claim Deed
—
Jan 24, 2020
—
Bayfort Hldgs LLC
—
Deed
related
$290,000 · Crowd Lndg Fund
Sep 17, 2019
—
Bayfort Holdings LLC
—
Deed
related
$150,000 · Qingchun Zhang
Jun 28, 2019
—
Bayfort Holdings LLC
—
Deed
related
$565,000 · Nsi Bayfort Beale 2nd
Dec 10, 2018
$4,700,000
Bayfort Holdings LLC
Beale Street Real Est Ent
Quit Claim Arm's Length For Ne States
$635,000 · Nsi Bayfort Beale LLC
Dec 4, 2018
$4,000,000
Beale St Real Estate Ent
Flavin Realty LLC
Quit Claim Arm's Length For Ne States
$2,200,000 · Bayfort Holdings LLC
Dec 7, 2010
$1
Flavin Realty LLC
Flavin RT
Grant Deed
—
—
—
Bayfort Hldgs LLC
—
Deed Of Trust
related
$290,000 · Crowd Lndg Fund
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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