21 Federal Street, Nantucket, MA 02554

21 Federal Street Nantucket MA 02554
Owner Information
Owner 1
Nir Retail II LLC
Owner 2
C/O New England Devop-Accting Dept
Owner's Address
75 Park Plaza #3 Boston, MA 02116
Market Sale Information
Most recent sale date
9/21/2005
Previous sale date
07/19/1988
Transfer document #
00978-0261
Previous transfer document
00304-0032
Grantor
Winthrop Nantucket 2 Realty
Previous grantor
Most recent sale price
$15,473,000.00
Previous sale price
$2,000,000.00
Site Information
Property ID
4231-9-1
Lot Size
0.07
Use Code
326 - Eating and Drinking Establishments
Zoning
CDT
Building Style
Restaurant
Number of Rooms
Stories
2.5
Number of Beds
0
Year Built
1850
Number of full baths
3
Condition
Number of half baths
Finished Area
4520
Number of Kitchen
Gross Living Area
8356
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Plastered
Floor type
Pine/Soft Wood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Oil
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Forced Air-Duc
Frame type
Wood Frame
Air Condition (%)
Sidings
Clapboard
Assessment Information
Fiscal Year
2024
Land Value
$2,494,100.00
Total value
$4,288,100.00
Building value
$1,794,000.00
Estimated tax
$22,726.00
Yard improvement value
$0.00
Certified Mass Appraisal
Comparable Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 21 Federal Street Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $3,423.23 Style Restaurant Age 1850 Rooms Bedrooms 0 Full baths 3 Half baths Gross Living Area 8356 Heating Fuel Forced Air-Duc Detached Garage Lot Size 0.07 Roof Cover Asph/F Gls/Cmp AEM Value - Building $1,794,000.00 AEM Value - Land $2,494,100.00 AEM Value - Other $0.00 AEM Value - Total $4,288,100.00
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Federal Street 9/21/2005 $15,473,000 0 Restaurant 4,520 0.07 0 3- -
  Criteria

Estimation of Market Value

No comparable properties were found using the default criteria. Please click on the columns in the Comparables table and expand the criteria until at least 3 comparable properties are identified

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 21 Federal Street 9/21/2005 $15,473,000 0 Restaurant 4,520 0.07 0 3- -
  Criteria
A 23 Federal Street 7/2/2018 $3,200,000 0.0 Office Bldg 2,514 0.03 0 2-
B 2-E Chestnut Street 9/21/2005 $15,473,000 0.0 Restaurant 662 0.03 0 2-
C 6 Oak Street 6/15/2022 $0 0.0 Restaurant 616 0.03 0 2-
D 4-E Chestnut Street 6/12/2012 $0 0.0 Aptovrret/Off 2,475 0.05 6 3-
E 3 India Street $0 0.0 Library 7,946 0.12 0 2-
F 20 South Water Street $0 0.0 Police Station 5,153 0.3 0 2-
G 8 Oak Street 7/9/1991 $331,000 0.0 Aptovrret/Off 1,922 0.05 0 2-
H 1 India Street $0 0.0 Library 3,602 0.29 0 0-
I 18 Federal Street 9/21/2005 $15,473,000 0.0 Aptovrret/Off 3,084 0.05 3 3-
J 16 Federal Street 2/26/2021 $2,597,000 0.0 Conventional 1,547 0.06 3 2-1
K 14 Federal Street 9/21/2005 $15,473,000 0.0 Store 2,841 0.07 0 2-
L 12 Federal Street 10/15/2021 $7,200,000 0.0 Restaurant 5,771 0.12 0 3-
M 16 Broad Street $0 0.0 City/Town Hall 13,364 0.26 0 4-
N 20 Federal Street 12/15/2006 $3,390,000 0.0 Aptovrret/Off 3,256 0.09 1 2-
O 2 Chestnut Street 4/16/2021 $4,100,000 0.0 B+B/Inn 5,752 0.08 8 8-
P 5 India Street 10/2/2014 $0 0.0 Store 1,933 0.06 0 2-
Q 19 South Water Street 11/15/2006 $0 0.0 Store 4,200 0.1 0 2-
R 7 Federal Street $0 0.0 Post Office 4,544 0.12 0 2-
S 7 India Street 2/8/2008 $0 0.0 Aptovrret/Off 1,675 0.06 4 3-
T 21 South Water Street 12/23/2020 $2,575,000 0.0 Store 2,401 0.04 0 3-
U 1 Chestnut Street 10/2/1998 $1,100,000 0.0 Store 3,031 0.13 0 2-
V 22 Federal Street 2/18/2014 $2,250,000 0.0 Restaurant 3,073 0.08 0 2-
W 10 Federal Street 6/22/2005 $55,000,000 0.0 Aptovrret/Off 1,990 0.07 0 2-
X 17 South Water Street 10/3/2007 $9,800,000 0.0 Theaters Encl. 16,184 0.31 3-
Y 9 India Street 8/16/2019 $3,700,000 0.0 Restaurant 3,067 0.07 5 3-
Z 23 South Water Street $0 0.1 Store 8,083 0.15 0 3-
- 2 India Street $0 0.1 Aptovrret/Off 2,663 0.06 2 3-
- 11 South Water Street 6/22/2005 $55,000,000 0.1 Store 3,329 0.1 0 2-
- 18 Broad Street 1/6/2000 $0 0.1 Store 1,993 0.06 0 2-
- 4 India Street 12/30/2008 $0 0.1 Store 4,575 0.05 3 2-
- 8 Federal Street 7/1/1985 $0 0.1 Office Bldg 1,666 0.07 0 2-
- 3 Federal Street $0 0.1 Churches 4,615 0.13 0 2-
- 15 South Water Street 9/21/2005 $4,027,000 0.1 Restaurant 3,590 0.15 0 3-
- 3 Chestnut Street 4/10/1987 $0 0.1 B+B/Inn 3,594 0.11 5 9-
- 4 South Water Street 9/21/2005 $15,473,000 0.1 Store 1,704 0.03 0 2-
- 3 North Union Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,720 0 2-
- 20 Broad Street 12/11/1997 $740,000 0.1 Restaurant 2,292 0.06 0 3-
- 4 South Beach Street Extension 12/30/1993 $0 0.1 Warehouse 792 0.02 0 0-
- 4 Federal Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 1,197 0.03 0 2-
- 17 Broad Street 6/27/2014 $2,925,000 0.1 Hotel 7,845 0.12 16 20-
- 12 Oak Street 5/31/2019 $6,500,000 0.1 Aptovrret/Off 7,123 0.19 2 2-1
- 8 Broad Street-Lot 72 12/31/1993 $0 0.1 Vacant Land 0.02 -
- 31 Center Street 4/16/2021 $38,500,000 0.1 B+B/Inn 4,968 0.13 5 15-
- 25 Center Street 6/22/2005 $55,000,000 0.1 Store 2,779 0.11 0 2-
- 22 Broad Street 12/22/1992 $472,000 0.1 Aptovrret/Off 2,806 0.06 5 3-
- 10 Broad Street 2/11/2022 $0 0.1 Store 3,087 0.05 0 1-
- 19 Broad Street 5/16/2022 $5,395,540 0.1 Antique 2,416 0.08 4 3-
- 31 Main Street 2/14/2007 $0 0.1 Store 7,138 0.08 0 2-
- 23 Main Street 10/27/2016 $0 0.1 Store 1,536 0.04 0 1-
- 15 Broad Street $0 0.1 Museum 29,905 0.61 0 2-
- 47-R Main Street 11/13/2015 $3,700,000 0.1 Vacant Land 0.07 -
- 5 Chestnut Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,587 0.04 8 8-
- 33 Main Street 10/26/2012 $4,500,000 0.1 Store 3,150 0.03 1 2-
- 10 Easy Street 12/4/2023 $3,800,000 0.1 Colonial 2,384 0.11 2 3-
- 7 Center Street 9/18/2008 $0 0.1 Retail Condo 920 0 0 2-
- 21 Main Street 6/22/2005 $55,000,000 0.1 Retail Condo 1,413 0 0 2-
- 35 Main Street 12/20/2012 $3,600,000 0.1 Aptovrret/Off 2,750 0.04 2 2-
- 33 Center Street 12/29/2017 $2,750,000 0.1 B+B/Inn 3,036 0.06 5 9-
- 37 Main Street 4/30/1998 $2,000,000 0.1 Office Bldg 2,384 0.03 0 2-
- 8 Broad Street 12/30/1993 $0 0.1 Aptovrret/Off 1,596 0.02 1 1-1
- 24 Broad Street $0 0.1 Restaurant 3,585 0.07 0 3-
- 4 North Water Street 6/22/2023 $5,650,000 0.1 Aptovrret/Off 2,410 0.18 1 2-
- 41 Main Street 12/28/2006 $0 0.1 Restaurant 3,450 0.04 0 3-
- 6 Broad Street 10/27/2011 $2,671,920 0.1 Store 5,724 0.15 0 2-
- 5-A South Water Street 10/22/1997 $0 0.1 Retail Condo 687 0 0 0-
- 45 Main Street 6/1/1984 $400,000 0.1 Store 2,770 0.04 0 2-
- 6 Easy Street 3/10/2014 $22,700 0.1 Vacant Land 0.01 -
- 21 Broad Street 6/27/2013 $3,050,000 0.1 B+B/Inn 13,685 0.18 5 7-
- 35 Center Street 2/22/2010 $1,400,000 0.1 Store 1,792 0.04 0 1-
- 47 Main Street 10/10/2007 $4,500,000 0.1 Store 3,570 0.03 0 2-
- 32 Center Street 7/28/1994 $0 0.1 Aptovrret/Off 6,200 0.12 2 1-1
- 26 Easy Street 12/28/2021 $1,995,000 0.1 Aptovrret/Off 1,362 0.06 0 0-
- 28 Center Street 1/4/2012 $0 0.1 Aptovrret/Off 3,889 0.05 0 3-
- 5 Center Street 6/22/2005 $55,000,000 0.1 Commercial 570 0.01 0 0-
- 36 Center Street 3/4/1988 $0 0.1 Office Bldg 1,358 0.03 0 2-
- 51 Main Street 11/13/2015 $3,700,000 0.1 Store 2,852 0.03 0 2-
- 4 Easy Street $0 0.1 Store 1,764 0.06 0 2-
- 4 Broad Street 2/11/2022 $0 0.1 Store 3,777 0.08 0 2-
- 34 Center Street 4/28/2009 $1,570,000 0.1 Aptovrret/Off 3,545 0.06 2 3-
- 28 Easy Street 10/27/2011 $1,227,840 0.1 Aptovrret/Off 3,958 0.1 3 6-
- 53 Main Street 2/4/2021 $4,000,000 0.1 Office Bldg 4,017 0.04 0 2-
- 38 Center Street 1/31/2019 $2,500,000 0.1 Store 2,881 0.03 1 3-
- 37 Center Street 7/15/2004 $0 0.1 Office Bldg 2,012 0.03 0 2-
- 22 Center Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,312 0.07 0 3-
- 25 Broad Street 3/10/2016 $0 0.1 Aptovrret/Off 2,648 0.05 3 5-
- 2 South Beach Street 6/28/2019 $4,150,000 0.1 Store 5,771 0.13 2 3-
- 23 Broad Street 6/30/2021 $7,888,000 0.1 Restaurant 8,232 0.23 11 5-
- 10 India Street 5/25/2023 $2,800,000 0.1 Aptovrret/Off 1,392 0.03 0 3-
- 7 Easy Street 10/10/2012 $0 0.1 Aptovrret/Off 1,539 0.09 2 2-
- 57 Main Street $125,000 0.1 Office Bldg 3,250 0.04 0 1-
- 15 Main Street $0 0.1 Profess. Bldg 3,528 0.04 0 2-
- 14 Center Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,689 0.05 0 2-
- 2 Broad Street 10/30/2019 $3,800,000 0.1 Restaurant 3,905 0.13 0 2-
- 20 Center Street 6/22/2005 $55,000,000 0.1 B+B/Inn 4,425 0.13 9 6-
- 5 North Water Street 3/18/2015 $0 0.1 Theaters Encl. 6,196 0.17 0 5-
- 13 India Street 1/4/2007 $1,995,000 0.1 Antique 1,088 0.1 2 2-1
- 30 Main Street $0 0.1 Fraternal Lodge 7,533 0.09 0 2-
- 2 Hussey Street 9/7/2011 $865,000 0.1 Conventional 1,260 0.03 2 2-1
- 4 Old North Wharf 12/24/2002 $0 0.1 Warehouse 1,078 0.02 1-
- 3 Hussey Street 11/4/1988 $450,000 0.1 B+B/Inn 2,621 0.08 5 4-
- 1 Main Street 6/22/2005 $55,000,000 0.1 Restaurant 4,360 0.07 0 4-
- 32 Main Street 9/21/2005 $15,473,000 0.1 Aptovrret/Off 5,498 0.07 3 6-
- 1-R Old North Wharf 1/26/2017 $1,550,000 0.1 Conventional 1,076 0.04 1 1-1
- 21 Easy Street 7/17/2017 $4,500,000 0.1 Ranch 945 0.07 1 2-
- 2 Ash Lane 12/29/2020 $1,975,000 0.1 Antique 2,112 0.05 4 3-
- 10 North Water Street 2/21/2017 $0 0.1 Antique 2,154 0.07 6 2-1
- 12 India Street 1/12/1996 $882,500 0.1 Antique 2,930 0.12 4 3-1
- 3 Whalers Lane $0 0.1 Antique 2,649 0.13 10 4-
- 16 Main Street 3/21/2016 $0 0.1 Store 4,488 0.05 0 2-
- 27 Steamboat Wharf 10/1/1956 $0 0.1 Outbuildings 0.31 -
- 34 Main Street 6/22/2005 $55,000,000 0.1 Store 8,033 0.1 0 2-
- 6 Old North Wharf 7/8/2016 $3,995,000 0.1 Wharf Cottage 1,200 0.02 3 2-1
- 15 India Street 11/17/2005 $0 0.1 Antique 2,885 0.09 5 3-1
- 27 Broad Street 7/8/2004 $8,000,001 0.1 B+B/Inn 5,850 0.2 5 9-
- 2 Center Street 7/28/2023 $2,850,000 0.1 Churches 8,020 0.19 0 2-
- 46 Main Street 5/14/1998 $0 0.1 Store 555 0.02 0 2-
- 40-B Center Street 8/15/2016 $0 0.1 Condominium 388 0 1 1-
- 2 Ash Street 2/12/2018 $1,350,000 0.1 Antique 1,492 0.05 3 2-1
- 48 Main Street 3/1/1999 $0 0.1 Store 2,320 0.03 0 2-
- 38 Main Street 6/22/2005 $55,000,000 0.1 Store 7,112 0.14 1 3-
- 3-B Hussey Street 1/22/2015 $0 0.1 Cottage 588 0.02 1 1-
- 2 Quince Street 10/7/2003 $990,000 0.1 Antique 1,258 0.04 2 2-
- 4 Hussey Street 11/9/2022 $0 0.1 Bungalow 648 0.04 2 1-
- 3 Rose Lane 6/12/1992 $255,000 0.1 Ranch 1,296 0.1 3 2-
- 50 Main Street 2/4/1999 $2,250,000 0.1 Store 2,360 0.03 0 2-
- 6 Ash Lane 6/22/1998 $776,000 0.1 Aptovrret/Off 2,198 0.1 3 3-
- 54 Main Street 1/4/2008 $3,200,000 0.1 Store 1,680 0.03 0 3-
- 4 Ash Street 3/14/2018 $0 0.1 Antique 2,964 0.07 4 4-
- 46 Center Street 10/22/2002 $2,100,000 0.1 Aptovrret/Off 3,702 0.09 3 2-
- 27 Easy Street 11/16/2015 $5,600,000 0.1 Vacant Land 0.18 -
- 7 North Water Street 3/25/2016 $1,425,000 0.1 Antique 2,398 0.11 6 3-
- 0 Main Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 7,519 0.11 -
- 2 Union Street 10/29/2019 $2,850,000 0.1 Store 2,788 0.04 0 2-
- 17 India Street $0 0.1 Antique 3,712 0.14 5 3-
- 48 Center Street 1/4/2019 $2,150,000 0.1 Aptovrret/Off 3,316 0.07 7 5-1
- 2 Straight Wharf 12/17/2021 $0 0.1 Aptovrret/Off 7,800 0.14 3 3-
- 65 Main Street 11/24/1997 $0 0.1 Finan Inst. 8,380 0.12 0 2-
- 10 Old North Wharf 6/23/2015 $0 0.1 Wharf Cottage 1,316 0.02 4 2-
- 7 Old North Wharf 5/6/2008 $2,750,000 0.1 Wharf Cottage 2,206 0.08 4 3-
- 16 India Street 7/16/1991 $0 0.1 Colonial 2,326 0.32 3 3-1
- 5 Hussey Street 1/31/2000 $0 0.1 Antique 1,987 0.1 4 3-
- 3 Union Street $0 0.1 Telephone Bldg 5,265 0.37 0 2-
- 29 Broad Street 7/8/2004 $8,000,001 0.1 Hotel 18,233 0.46 31 31-
- 50 Center Street 7/8/2004 $8,000,001 0.1 Vacant Land 0.09 -
- 1 Liberty Street 7/17/1991 $0 0.1 Antique 2,941 0.08 4 2-
- 2 Orange Street 1/21/2014 $10,730,000 0.1 Finan Inst. 2,533 0.07 0 2-
- 29 Easy Street 9/30/1993 $0 0.1 Colonial 1,356 0.05 4 2-1
- 9 North Water Street 4/21/2017 $2,500,000 0.1 B+B/Inn 3,528 0.09 5 8-
- 4 Quince Street 4/6/2015 $2,337,500 0.1 Antique 2,268 0.08 4 2-1
- 8 Ash Street 10/15/2021 $4,395,000 0.1 Antique 4,615 0.13 5 2-3
- 1 Ash Street 1/19/2022 $0 0.1 Antique 2,646 0.06 6 4-
- 31 Easy Street 4/15/2011 $0 0.1 Restaurant 2,806 0.08 0 3-
- 1 South Beach Street-Lot 12 $0 0.1 Clubs/Lodges 18,458 1.5 0 8-
- 2 Washington Street 6/22/2005 $55,000,000 0.1 Aptovrret/Off 4,940 0.1 4 4-
- 5 Rose Lane 12/31/2002 $0 0.1 Antique 2,012 0.09 3 3-1
- 19 India Street 11/5/2019 $0 0.1 Antique 3,268 0.16 4 3-1
- 12 Old North Wharf 2/21/1997 $0 0.1 Wharf Cottage 486 0.05 1 1-
- 4 South Beach Street $0 0.1 Vacant Land 0.62 -
- 60 Main Street $0 0.1 Store 3,653 0.05 0 2-
- 6 Straight Wharf $0 0.1 Retail Condo 884 0 0 2-
- 6-A Straight Wharf 6/7/2016 $0 0.1 Condominium 484 0 1 1-
- 8 Straight Wharf 1/23/2008 $0 0.1 Retail Condo 1,221 0 0 2-
- 15 Old North Wharf 5/1/1982 $0 0.1 Wharf Cottage 880 0.02 3 1-1
- 12 North Water Street 11/7/2014 $1,572,000 0.1 Antique 1,594 0.09 4 2-
- 3 Steamboat Wharf 3/29/1985 $1,277,720 0.1 Outbuildings 0.1 -
- 7 Hussey Street 9/4/2012 $3,000,000 0.1 Antique 5,859 0.15 7 7-1
- 62 Main Street $0 0.1 Store 3,215 0.07 0 2-
- 15 Candle Street 6/22/2005 $55,000,000 0.1 Vacant Land 0.22 -
- 11 North Water Street 12/13/2023 $7,515,000 0.1 B+B/Inn 6,909 0.17 17 16-
- 21 India Street 10/6/2015 $0 0.1 Antique 2,455 0.12 3 3-
- 17 Old North Wharf 8/13/2021 $0 0.1 Wharf Cottage 1,500 0.01 1 2-
- 10 Still Dock 2/4/2020 $2,225,000 0.1 Wharf Cottage 1,425 0.04 2 2-1
- 10 Ash Street 12/27/1995 $0 0.1 Antique 2,436 0.11 4 2-1
- 10 Straight Wharf 4/29/2016 $1,850,000 0.1 Store 2,064 0.05 0 1-
- 5 Liberty Street 11/21/2017 $0 0.1 Antique 2,526 0.2 5 4-1
- 6 Orange Street $0 0.1 Antique 5,483 0.37 4 3-
- 4 Gay Street-Lot 19 1/29/1996 $0 0.1 Antique 4,280 0.12 5 7-
- 18 India Street 6/24/2019 $0 0.1 Antique 3,328 0.1 3 2-1
- 1 Salem Street 10/7/2008 $1,750,000 0.1 Aptovrret/Off 1,371 0.05 1 1-1
Averages 5605 days $6,698,892 0.08 --- 3,503 0.1 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
4231 9 1 21 Federal Street