88 Broad StBoston, MA 02110

Property Details for 88 Broad St

Year built

1899

Construction

CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

65,610 SF

Zone code

C

Property type

Office buildings

APN

CBOS W:03 P:03983 S:000

APU

CBOSW03P03983S000

Description

This exceptional executive office suite, located at 88 Broad Street in Boston's vibrant financial district, offers 2,315 square feet of move-in ready space on the fifth floor of an eight-story building. The property boasts a unique boutique style with direct elevator access, maximizing convenience and privacy. Enjoy abundant natural light from window exposure on all sides, including harbor views from the upper floors. The building's exterior features a striking brick and stone façade, complemented by energy-efficient, double-glazed windows. Recent upgrades include a new HVAC system with five heat pumps per floor, updated bathrooms, and modern, redesigned elevators. The building also features a newly installed electrical system tailored to tenant specifications and a comprehensive fire protection system. A spacious, three-level lobby with handicapped accessibility provides a welcoming entrance. The 0.17-acre lot houses a single building with a total of 4,454 square feet, zoned C (Commercial). The building's modern amenities and prime location make it an ideal space for discerning businesses. Additional suites may be available. Property APN: W:03 P:03983 S:000. No on-site parking is available.

• CAP approach

  CAP return

  Valuation

  6%

  $10,847,293

  6.5%

  $10,012,886

  7%

  $9,297,680

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,572,603

  Geo Method

  $8,572,603

• Alternative Use

  Use

  Valuation

  Residential

  $12,415,978

  Hospitality

  $11,372,969

  Educational

  $9,462,177

  Medical

  $9,787,596

  Retail

  $14,718,942

Location Insight

City

Boston

County

Suffolk

State

Massachusetts

Latitude

42.3576

Longitude

-71.0524

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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