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Financial
Distress signals
Property profile

59-63 Meridian St East Boston, MA 02128

OFF-MARKET
Office buildings
Property ID
US38-0628909
13,956 SF 0.11 ac lot Built 1910
Last sale Dec 2015 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Boston office space is located within a building featuring a classic architectural style and historic character with distinctive architectural details. The property is positioned for convenient access to major transportation hubs and offers parking options. The building includes office floor plans that are spacious, can be configured to accommodate different tenant needs, and allow for natural light. The interior layout is designed to be functional for a range of business uses, and the space provides opportunities for exterior visibility and signage.

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.

Debts

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?
$45k
Tax billed · 2024
Assessed value$1.79M
Assessed land$523k
Assessed improvement$1.27M
Effective rate2.53%

Value estimate

· Oct 2026
$4.31M
$3.87M – $4.74M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$615/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$318 – $1,037
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy13.2
HVAC Service12.4
Acupuncture11.6

Location

59-63 Meridian St East Boston, MA 02128
County assessor Recorded deeds · 2 transfers 8 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23-25 Meridian, East Boston, MA 02128 $1,400,000 May 2024 2,640 SF
10 Bremen, East Boston, MA 02128-2301 $950,000 Aug 2022 2,928 SF
135 Chelsea, East Boston, MA 02128-5267 $983,500 Feb 2019 920 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

Comparable nearby

  • Value Estimation
    $3,860,000
    15,254 SF
    30 Saratoga St, Unit 42
    OFFICE BUILDING
    30 Saratoga St, East Boston, MA 02128-1629
    View Details
  • Value Estimation
    $3,020,000
    12,300 SF
    1014 Bennington St
    OFFICE BUILDING
    1014 Bennington St, East Boston, MA 02128-1139
    View Details
  • Value Estimation
    $3,035,000
    8,627 SF
    212 Porter St
    OFFICE BUILDING
    212 Porter St, East Boston, MA 02128
    View Details
  • Value Estimation
    $1,640,000
    5,964 SF
    141 Addison St
    OFFICE BUILDING
    141 Addison St, East Boston, MA 02128-1180
    View Details
  • Value Estimation
    $1,690,000
    5,000 SF
    46-46A Bennington St
    OFFICE BUILDING
    46-46A Bennington St, East Boston, MA 02128
    View Details
  • Value Estimation
    $1,715,000
    5,000 SF
    1140 Saratoga St
    OFFICE BUILDING
    1140 Saratoga St, East Boston, MA 02128-5232
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    15,000 SF
    Multi-Story Office Space
    Move-in-ready office space with flexible second- and third-floor layouts and strong natural light.
    59-63 Meridian St, Boston, MA 02128
    View Details
  • $499,000
    6,300 SF
    Waterfront Retail/Office Condominium
    New construction retail or office condominium of approximately 6,300 square feet within The Mark on Boston Harbor.
    99 Sumner St, Boston, MA 02128
    View Details
  • New
    Contact for pricing
    66,000 SF
    Subdividable Second-Floor Office Space
    Second-floor office space in a newly built luxury building with floor-to-ceiling windows and flexible delivery for build-out.
    2 Maverick Sq, Boston, MA 02128
    View Details
  • New
    Contact for pricing
    1,850 SF
    Ground-Level Office Suite with Six Offices
    Ground-level suite with six private offices, reception, meeting room, and two restrooms near Suffolk Downs station.
    1214 Bennington # 1214, Boston, MA 02128
    View Details
  • New
    Contact for pricing
    1,210 SF
    Multi-Room Office Unit
    Six private rooms and a reception area support a compact commercial office layout.
    464 Bremen St. Unit 2, Boston, MA 02128
    View Details
  • New
    Contact for pricing
    Street-Level Storefront with Support Area
    Renovated commercial space combines a street-facing storefront with lower-level restroom and storage support.
    21 Ford St Unit 1, Boston, MA 02128
    View Details

Similar Nearby for Lease

  • $30 SF/Yr
    15,000 sqft
    COMMERCIAL
    Office Units · 15,000 SF
    59-63 Meridian St, Boston, MA 02128
    View Details
  • Contact for pricing
    21,000 sqft
    Boston Warehouse and Office Space
    21,000 SF warehouse and office space available for lease.
    160 William F McClellan Highway, Boston, MA 02128
    View Details
  • Contact for pricing
    31,000 sqft
    Life Science Mixed-Use Space
    Flexible floors support laboratory, biomanufacturing, and office functions.
    100 Salt St, Revere, MA 02128
    View Details
  • New
    Contact for pricing
    3,600 sqft
    Middletown Office Space Available
    Office space available for rent in Middletown, Rhode Island.
    440 William F McClellan Highway, Boston, MA 02128
    View Details
  • $2,500/Mo
    2,200 sqft
    Street-Level Retail Space
    Open layout with central heating and cooling, a private restroom, break room, and separate rear office.
    78 Bennington Unit 1, Boston, MA 02128
    View Details
  • $3,000/Mo
    1,850 sqft
    East Boston Commercial Office Space
    Highly visible office space in East Boston near Suffolk Downs.
    1214 Bennington #1214, Boston, MA 02128
    View Details
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