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427-429 Broadway
427-429 Broadway
427-429 Broadway
427-429 Broadway
427-429 Broadway
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427-429 Broadway
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$3,595,000

427-429 Broadway

8 Beds 3 Baths 5,295 Sq.Ft. 6,534 Sq.Ft.

Description

Offers due 2/13 at noon. Exceptional development opportunity on a highly visible corner lot in the heart of Cambridge. Directly adjacent to the Cambridge Public Library, this premier site offers unmatched light, exposure, location, and prominence, making it an ideal setting for a landmark residential project. Take full advantage of Cambridge's new high-density zoning ordinance, allowing up to 6 stories with affordable housing or 4 stories by right, with no set limit on unit count or FAR (buyers & agents to perform due diligence). This zoning flexibility creates a rare opportunity to develop either high-density luxury condominiums, rental units, or spacious, large-format luxury residences in one of the most supply-constrained markets in the country. Corner parcels with this positioning, visibility, and zoning potential almost never come to market, particularly in such a central and established location.

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Location

427-429 Broadway, Cambridge, MA 02138

Status

For Sale
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 427-429 Broadway, Cambridge, MA 02138. We are reviewing your request and will be in touch shortly!

Property Amenities

Interior
Total Bedrooms: 8
Full Bathrooms: 3
Area & Lot
Total area 5,295 Sq.Ft.
Lot Area 6,534 Sq.Ft.
Living area 5,295 Sq.Ft.
MLS® ID 73476554
Year Built 1873
Type Multi-Family
Status For Sale
Exterior
Stories 3
Water Source Public
Sewer Public Sewer
Parking Paved
Lot Features Corner Lot
Roof Rubber
Finance
Sales Price $3,595,000
Real Estate Tax $17,616 yearly

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Work With Carol

I know that purchasing a home is one of the biggest and most exciting decisions a person can make. I aim to make the process as simple as possible, with one goal in mind: helping you find the perfect home.