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    Property profile & analytics
    OFF-MARKET
    Office buildings

    1 Broadway, Cambridge, MA 02142-1100

    296,278 SF 1.72 ac lot Built 1969
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-2274340
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CIC Cambridge @ 1 Broadway Coworking & Hybrid Office
    • Markitome Marketing & Advertising Advertising Agency
    • LogicNow (Bike/Boat/Book/etc) Store Corporate Office
    • Merrimack Pharmaceuticals, Inc. Factory Production Facility
    • EisnerAmper Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Mit 1 Broadway LLC · 7 yrs held
    Mit 1 Broadway LLC
    since 2019
    2 recorded transactions
    2019
    1969
    Zoning & alternative use
    PUD-3 · Cambridge, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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