1 BroadwayCambridge, MA 02142
- Office buildings
- 296,278 SF
Property Details for 1 Broadway
- Year built
- 1969
- Construction
- STEEL FRAME
- Lot size
- 1.72 AC
- Property size (Sq ft)
- 296,278 SF
- Zone code
- PUD-3
- Property type
- Office buildings
- APN
- CAMB M:00014 L:00058
- APU
- CAMBM00014L00058
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $48,983,604
- 6.5%
- $45,215,632
- 7%
- $41,985,944
-
Comparable approach
- Method
- Valuation
- Relative Method
- $38,711,684
- Geo Method
- $38,711,684
-
Alternative Use
- Use
- Valuation
- Residential
- $56,067,384
- Hospitality
- $51,357,424
- Educational
- $42,728,772
- Medical
- $44,198,280
- Retail
- $66,466,980
Location Insight
- City
- Cambridge
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.3628
- Longitude
- -71.0835
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Lease
FAQs
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