Property profile

1 Broadway Cambridge, MA 02142

FOR LEASE
Office buildings
Property ID
US38-2274340
296,278 SF 1.72 ac lot Built 1969
Entity Owned 7-yr Hold ~ Est. High Equity
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1 Broadway, Cambridge, MA 02142 For Lease
Contact for pricing 5,023 SF available
1 Broadway, Cambridge, MA 02142
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Property summary

AI-generated overview

This exceptional Class A office building, located at One Broadway in Cambridge, MA, 02142, offers 326,992 square feet of flexible workspace. The 16-story building, constructed in 1969 and renovated in 2000, features 15 suites across a single building. It boasts a prime location in the heart of Kendall Square, providing easy access to the red line MBTA. The property includes 500 parking spaces and elevators. This multi-tenant building caters to various needs, from traditional office spaces to executive suites and coworking options. The building offers convenient access to Third Street. Amenities include over 90 conference and meeting rooms, 60+ phone booths, and fully stocked kitchens on each of the seven floors occupied within One Broadway and five floors in the neighboring building at 245 Main Street. This location within the Kendall Square submarket has fostered a thriving innovation district, attracting startups, corporations, investors, and nonprofits.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction STEEL FRAME
Total area 296,278 SF
Lot 1.72 ac (74,735 SF)
Zoning code PUD-3
APN CAMB M:00014 L:00058
UPID US38-2274340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Coworking & Hybrid Office
  • Marketing & Advertising Advertising Agency
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Factory Production Facility
  • Tax Preparation

Location

1 Broadway Cambridge, MA 02142
Cambridge metro Census 352300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

Zoning & alternative use

PUD-3 · Cambridge, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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