17 Story Street, Cambridge, MA 02138

Community Information

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Description

17 Story Street consists of two office buildings totaling 19,648 gross square feet, situated on .32 acres in the coveted Harvard Square neighborhood of Cambridge, Massachusetts. Positioned in one of the most vibrant real estate markets in the region, the location and condition of the existing buildings allows prospective buyers a multitude of repositioning/value-add strategies, ranging from a mark-to-market of the below market in-place office rents, to a complete redevelopment/change of use of the property. The asset is virtually surrounded by prestigious Harvard University, which has called Harvard Square home since its inception in in 1636. In subsequent years, benefiting from the economic activity created by the University, the area around Harvard has flourished into one of the most capable and well performing markets for real estate in the world. ***List price noted above is not a formal asking price and is subject to a call-for-offers process.***

Directions

17 Story is located in the heart of Harvard Square - at the intersection of Story & Mt. Auburn Stree

Mortgage Payments

The approximate monthly Principal & Interest payment for this property would be $89,380.80. This payment is based on a 30-year loan at a fixed rate of 5.0% with a down payment of $1,850,000. Actual lender interest rates and loan programs may vary.

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