245 1St St, Cambridge, MA 02142
This Class A office building in Middlesex County offers 18,428 square feet of versatile workspace, including executive suites, coworking areas, and creative office solutions. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. Enjoy breathtaking panoramic Boston city views from the 18th floor, ideally situated near the biotech and IT industries and adjacent to Harvard University. The building's distinctive design, highlighted by mint green accents, makes a striking impression. Its convenient location offers easy access to Boston Logan International Airport, numerous restaurants, and cafes. Flexible options include private, fully furnished offices, customizable spaces, disaster recovery solutions, and day offices. A comprehensive benefits program provides exclusive discounts and procurement support. Coworking spaces promote collaboration, and meeting rooms are equipped with the latest technology. Virtual office options are also available. Elevators are present.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.