Financial
Distress signals
Property profile

53-55 Bromfield St Boston, MA 02108

FOR SALE
Turn key restaurants
Property ID
US38-2196621
2,376 SF 0.03 ac lot Built 1910
Last sale Apr 2020 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail space comprises 335 square feet and is configured for tenant use with included furniture, fixtures, and equipment. The unit includes a full kitchen ventilation system, electric heat, and a sprinkler system, along with an Ansul fire suppression system and a fire alarm system. Electrical service features upgrades completed in 2010 and 2017, and the space is set up with a separate meter for lighting, outlets, and air conditioning. The space is wired for Comcast service and includes a gas stove.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$29k
Tax billed · 2024
Assessed value$1.15M
Assessed land$503k
Assessed improvement$643k
Effective rate2.53%

Value estimate

· Sep 2026
$865k
$779k – $952k
AI approach$930k
NOI build-up
Gross scheduled income$150k
Vacancy & credit loss−$11k
Operating expenses−$52k
NOI · 3.80% cap applied$87k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$673/SF
Submarket average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$363 – $935
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3.80%
$87k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.0
HVAC Service7.9
Kid Store7.6

Location

53-55 Bromfield St Boston, MA 02108
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19 School, Boston, MA 02108-4305 $4,050,000 Jul 2024 8,337 SF
40-42 Winter, Boston, MA 02108 $2,200,000 Feb 2024 12,032 SF
25 Un, Boston, MA 02108-2406 $756,000 Apr 2023 4,436 SF
90 Tremont, Boston, MA 02108-4101 $82,630,000 Jan 2023 129,200 SF
126 Tremont, Boston, MA 02108 $11,500,000 Apr 2022 14,400 SF
350 Washington, Boston, MA 02108-5158 $109,900,000 Oct 2019 156,359 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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