Property profile

63 Broad St 1 Boston, MA 02109

FOR SALE
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US38-1049162
1,457 SF 0.03 ac
Last sale Aug 2008·$575,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a retail asset located in Boston’s Financial District near MBTA stations and Faneuil Hall, within a dense cluster of financial and legal institutions. It is currently configured for restaurant use under a gross lease structure extending to 2030, and it includes a basement level that can support functions such as warehouse, storage, and food preparation, plus a half bath within the premises. The space is maintained and designed to accommodate day-to-day food service operations,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$550k
Assessed improvement$550k
Effective rate2.53%

Value estimate

· Nov 2026
$825k
$743k – $908k
AI approach$830k
Submarket $/SF estimate$1.26M
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$3k
Operating expenses−$9k
NOI · 2.27% cap applied$28k

Realmo valuation models over county records and 4 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 comparables4

Cap rate analysis

How does the asset earn?
2.27%
$28k 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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.7
Pet Grooming Service8.3
Kid Store7.9

Location

63 Broad St, Unit 1 Boston, MA 02109
County assessor Recorded deeds · 4 transfers 4 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

4 recorded sales · 16 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
88 Blackstone, Boston, MA 02109-1506 $940,000 Mar 2023 4,338 SF
266 Commercial, Boston, MA 02109-1125 $2,000,000 Aug 2021 3,120 SF
200 State, Boston, MA 02109-2605 $81,800,000 Apr 2019 60,429 SF
71 Broad, Boston, MA 02109-4808 $670,000 Feb 2019 1,445 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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