40 ADAMS ST
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Location
40 ADAMS ST
Mblu
1152/ 2/ / /
Acct#
00480701
Owner
COSTELLO LEE ETAL TREES
Assessment
$5,653,100
PID
23969
Building Count
1
Assessing District
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$4,994,800$658,300$5,653,100

Owner of Record
OwnerCOSTELLO LEE ETAL TREES
Co-OwnerC/O LEE COSTELLO
Care Of
Address85 EAST INDIA ROW UNIT 25B
BOSTON, MA 02110
Sale Price$0
Book & Page 26149/0162
Sale Date11/13/2008
Instrument1B

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
COSTELLO LEE ETAL TREES$026149/01621B11/13/2008
COSTELLO ROBERT C ET AL TREES$004373/0612NA08/10/1966

Building Information
Building 1 : Section 1
Year Built: 1940
Living Area: 31,906
Replacement Cost: $5,497,071
Building Percent Good: 64
Replacement Cost
Less Depreciation:
$3,518,100
Building Attributes
FieldDescription
Style:Health Club
ModelCommercial
GradeGOOD
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureGambrel
Roof CoverSlate
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelOil
Heating TypeHot Water
AC TypeCentral
Struct Class 
Bldg UseHEALTH SPA
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use:3300
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
CeilingPT CLNG+WALL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 29,505 29,505
FHSHalf Story, Finished 4,801 2,401
CANCanopy 36 0
UBMBasement, Unfinished 910 0
   35,252 31,906

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
SPR1SPRINKLERS-WET33153.00 S.F.$27,0001

Land
Land Use
Use Code3760
DescriptionGYMS  
NeighborhoodADH
Land Line Valuation
Size (Sqr Feet)55756
Assessed Value$658,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  20000.00 S.F.$22,5001
SGN2DOUBLE SIDED  24.00 S.F.&HGT$7001
LT7W/TRIPLE LIGHT  6.00 UNITS$6,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$4,994,800$658,300$5,653,100
2025$4,642,200$658,300$5,300,500
2024$4,289,600$658,300$4,947,900

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