427-429 Broadway - Premier High Visibility Development Lot 0.14 Acres of Residential Land Offered at $3,595,000 in Cambridge, MA 02138

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 inclusionary housing or 4 stories by right, with no set limit on unit count or FAR (buyer 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.
The location is outstanding, strategically positioned between Harvard Square, Porter Square, Inman Square, Central Square, and Kendall Square. Less than 1 mile from Harvard and Central Squares, and approximately 1.5 miles to Kendall and Porter Squares, the site benefits from exceptional connectivity, walkability, and sustained end-user demand.
Corner parcels with this positioning, visibility, and zoning potential almost never come to market, particularly in such a central and established location. Offered for private sale, this is a truly irreplaceable opportunity for a developer seeking flexibility, long-term value, and outsized upside in one of Greater Boston’s strongest residential markets.
The sale is subject to court approval & the seller securing suitable housing.