Financial
Distress signals
Property profile

63 Broad St 1 Boston, MA 02109

FOR SALE
Turn key restaurants
Property ID
US38-1049162
1,457 SF 0.03 ac lot
Last sale Apr 2022 · $996,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. 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?
$14k
Tax billed · 2024
Assessed value$550k
Assessed improvement$550k
Effective rate2.53%

Value estimate

· Sep 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 3 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 comparables3

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 · 5 transfers 3 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 · 15 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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