150-152 State St
150-152 State St is a 8-story building in Downtown Boston with 100% of its floor area within daylight reach of a facade. This screen estimates 131 homes and scores it 98 out of 100 for office-to-residential conversion suitability.
MA-7 & MA-8 · Screened 2026-10-04 · Strong candidate
Where 150-152 State St is
Its block in Downtown Boston, drawn from Boston's own building outlines and street centerlines.
- Already housing
- Not screened
- 150-152 State St
This building's conversion pencils at default assumptions without any subsidy.
This footprint has no windowless core at all: every point on the floor plate is within 35 ft of a facade, which is unusual and is the main reason it scores as well as it does.
Modeled conversion metrics for 150-152 State St, 2026-10-04.
| Suitability scoreStrong candidate | 98 / 100 |
|---|---|
| Storiesfrom 99 ft aerial-survey height ÷ 12 ft floor-to-floor | 8 |
| Floor plateper floor, from the city footprint | 17,624 sq ft |
| Daylight efficiencyshare within 35 ft of a facade | 100% |
| Deepest interior pointviability threshold is 80 ft | 30 ft |
| Windowless coreper floor — renovated but never rentable | 0 sq ft |
| Estimated homesat 750 sq ft average | 131 |
| Conversion cost$360/sq ft all-in on 123,365 sq ft | $44.4M |
| Gap before grantpencils unsubsidized | -$13.4M |
| Modeled RESIDE grantbelow the statutory cap | $7.9M |
| BuiltBoston's own record of the construction year | 1899 |
| ZoningDowntown Boston | SKY-LOW-DT |
| Opportunity Zonenot in a 2018 designated tract | No |
The plan: window line, shape and floor rhythm
44 ft of exterior wall for each home the screen estimates — enough for two- and three-bedroom homes across the plan.
The typical floor has 831 ft of exterior wall, and across 7 residential floors the building carries 5,818 ft of it in total, divided among the 131 homes this screen estimates.
Its plate is elongated at 0.32: a slab or an L, which is why so much of the floor lies within reach of a window: the outline buys daylight that a square plan of the same area would not. How window line and plate shape are measured.
At the model’s 750 sq ft average, the plan works out at about 18.7 homes per floor, repeated on every residential floor, since this building's outline does not change as it rises.
Why 150-152 State St scores 98 out of 100
Daylight efficiency 100, Interior depth 100, Scale 87, Finance 100 — each out of 100, then weighted.
Score components for 150-152 State St. Points are the subscore times its weight.
| Component | Subscore | Weight | Points |
|---|---|---|---|
| Daylight efficiency100% of the floor area within 35 ft of a facade, scored from 40% up to 90% | 100 | 45% | 45.0 |
| Interior depthdeepest interior point 30 ft from a facade, scored from 80 ft down to 40 ft | 100 | 25% | 25.0 |
| Scale131 estimated homes, scored from 0 up to 150 | 87 | 15% | 13.1 |
| Financecompleted value covers conversion cost with 48% to spare, which tops out the component | 100 | 15% | 15.0 |
Most of what it earns comes from daylight efficiency, and what holds it back most is scale, at 87 out of 100: 131 estimated homes, scored from 0 up to 150.
Built in 1899
Boston records this building as going up in 1899, which puts it in the pre-1920 stock.
As a rule, the era that converts most readily: load-bearing masonry, small floor plates laid out before deep-plan offices were possible, operable windows and generous floor-to-floor heights. The usual obstacles are not daylight but hazardous materials, lifts and bringing structure up to current code. That is the era’s general tendency rather than a finding about this building — the model reads an outline and a height, and can see nothing inside — but it is the first thing an architect would want to know, and it colours how much confidence the 100% daylight figure above deserves.
What the conversion would cost
$360 per square foot all-in across 123,365 sq ft of converted floor, or $44.4M in total — about $339K for each of the 131 homes.
All-in cost per square foot for 150-152 State St: base cost plus the code work a change of use triggers.
| Base conversion cost | $260/sq ft |
|---|---|
| Plumbing risers to every unit | $40/sq ft |
| Operable windows and glazing | $30/sq ft |
| Additional egress stair | $18/sq ft |
| Fire sprinklers (NFPA 13R) | $12/sq ft |
| All-in | $360/sq ft |
That cost is charged across every converted square foot, including the circulation and service area that earns nothing directly. Against it the model sets a completed value of $442K a home, which for 131 homes is $57.8M.
What would have to be true
This one already clears the bar. The question is how much room it has before it stops.
At $442K a home, completed value covers the $44.4M of work with $13.4M to spare. Value per home would have to fall to $339K — 23% below the assumption — before the conversion stopped penciling, or all-in cost would have to rise from $360 to $469 per square foot. Neither is a wide margin in a market that moves, but this building does not need a grant to work.
Each of these, moved on its own, would be enough to undo that for 150-152 State St:
Single-assumption flip points for 150-152 State St, each holding the other three at their defaults.
| Circulation efficiencythe binding constraint — the least this building would need | 32% downto 54% |
|---|---|
| Completed value per home | 37% downto $279K |
| Average unit size | 48% upto 1,109 sq ft |
| Conversion cost per square foot | 66% upto $433/sq ft |
All four are sliders in the survey, where 150-152 State St re-scores against your own numbers.
How it compares in Downtown Boston
150-152 State St ranks 7th of the 96 buildings screened here, against a median score of 89.
Its floor plate is better lit than 100% of them, and shallower than 94% of them at its deepest interior point. On size it is the 55th largest by estimated homes. The full survey of all 96 buildings ranks and maps every one of them, and the list by address links each to its own page.
Within the SKY-LOW-DT zone
4th of 25 zoned SKY-LOW-DT — the comparison that shares its rules, rents and streets.
25 of the screened buildings are zoned SKY-LOW-DT. 150-152 State St ranks 4th of them against a median score of 91. 24 score 70 or more, their median deepest interior point is 35 ft from a facade against this building’s 30 ft, and together they would hold an estimated 2,629 homes. The group’s top scorer is 36-44 Broad St, at 100.
Its nearest match in size: 14-24 Federal St
The screened building closest to 150-152 State St in converted floor area is 14-24 Federal St: 124,503 sq ft over 11 stories, against 123,365 sq ft over 8 here.
The two land within a few points of each other — 98 here, 98 there — so at this size the screen reads them as much the same prospect. On the money they sit in the same place: each pencils without a subsidy. The two stand about 1,300 ft apart.
Would it qualify for a RESIDE Act grant?
The model awards 150-152 State St $7.9M, on the assumption it qualifies. Whether it does, no published dataset can say.
That figure assumes the building meets the Act’s vacant-and-abandoned test, which turns on code-enforcement and receivership records no city publishes.
It does not sit in a 2018 designated Opportunity Zone, so it would not draw that Section 201 priority.
Other buildings screened near 150-152 State St
The 4 closest the screen also covers, from 260 ft away. They are the colored outlines on the plan at the top of this page.
- 200 State St18 stories · 80% daylit · 547 estimated homes · scores 75/100 (Strong candidate)about 260 ft away
- 36-44 Broad St10 stories · 96% daylit · 248 estimated homes · scores 100/100 (Strong candidate)about 380 ft away
- 15-19 Broad St33 stories · 68% daylit · 706 estimated homes · scores 35/100 (Marginal)about 450 ft away
- 74-84 State St10 stories · 98% daylit · 116 estimated homes · scores 97/100 (Strong candidate)about 500 ft away
A screen, not a feasibility study, from outlines and heights rather than plans: the method and how to correct a figure. If you know this building’s interior, you know what this model cannot see.