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

$3,595,000
For Sale
NEXT
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.

8
beds

3
baths

5,295 Sq.Ft. LIVING AREA

6,534 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms3
  • full bathrooms3

Area & Lot

  • Status For Sale
  • Living Area5,295 Sq.Ft.
  • Total Area5,295 Sq.Ft.
  • Lot Area6,534 Sq.Ft.
  • MLS® ID73476554
  • TypeMulti-Family
  • YEAR BUILT1873

Exterior

  • STORIES3
  • water SourcePublic
  • roofRubber
  • lot featuresCorner Lot
  • parkingPaved
  • sewerPublic Sewer
  • SubstructureStone

Financial

  • Sales Price$3,595,000
  • Real Estate Tax $17,616/yr
  • Zoning C1

Work With Casey

Buying or selling a home can be intimating but Casey works diligently to educate her clients with the knowledge they need to be confident moving forward with their decision.