23-25 Meridian St, Boston MA 02128
Boston, MA 02128 • East Boston
$1,400,000
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Sale Statistics
Sale Overview
Original List Price:
$1,550,000
Final Sale Price:
$1,400,000
Difference:
$150,000 (-9.7%)
Performance Metrics
90.3%
List to Sale Ratio
Sold below asking price
63
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$525
Sale $/sq ft:
$474
This property sold for $474 per square foot
Sale Summary
This property sold for 9.7% below the original asking price.
The property spent 63 days on market before selling.
About this home
Prime retail/commercial building just steps away from Maverick Square and the Blue Line T. This is one of the first retail/commercial buildings to become available on MLS in the past decade. Originally a bank during the early 1900s, it is currently zoned NSA which probably allows for any type of business from restaurants to retail. The owner is currently in the process of obtaining permits to add two additional levels and convert the building to one retail level with five additional residential units. Ideal development opportunity or business opportunity for someone seeking this prime commercial location!
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Public Records & Permits
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Property History
Market Insights
9.7%
Price Range
Property Timeline
Current Active Listing - MLS #73356382
Full transaction history available when tracking began
Currently Listed
Apr 8, 2025
$1,450,000
MLS #73356382 - Active
Sold
May 24, 2024
$1,400,000
Property sold
Listed for Sale
Feb 23, 2024
$1,550,000
Original listing
Agent: Anthony Giacalone Jr.
Office: Tony's Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/08/2025 | 🏡 Currently Listed | $1,450,000 | - | - | MLS #73356382 - Active |
| 05/24/2024 | ✓ Sold | $1,400,000 | - | - | Property sold |
| 02/23/2024 | 🏠 Listed for Sale | $1,550,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2023 | $9,675 | — |
Financial Details
Annual Property Tax
$9,675
Tax Year 2023
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1920
Living Area
2,952 sq ft
Lot Size
0.03 acres
Investment Metrics
Gross Income
$70,800
Net Operating Income
$50,144
Operating Expenses
$20,656
Cap Rate
3.24%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Private Water, Natural Gas Available
Financial
Annual Tax
$9,675
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Seller Is In Process Of Obtaining Permits To Go Up Two More Floors And Have A Final Property With One Retail Level And Three Additional Levels With 5 Residential Units. Please Text Or Email List Agent For More Details. Square Footage Is Approximate.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Suffolk
Property Overview
Listing Type
Sold
Year Built
1920
Living Area
2,952 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Location
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Neighborhood
East Boston
23-25 Meridian St, Boston MA 02128
Boston, MA 02128
Listing Information
Listing Agent
Anthony Giacalone Jr.
Listing Office
Tony's Realty
Office Phone
617-561-4495
Agent MLS ID
BB901192
Office MLS ID
BB9775
Listing Data Updated
May 24, 2024 5:34 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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