Portfolio For Sale • 12,893 SF
| 896-898 Massachusetts Avenue and 52 Hancock Street offer a prime development opportunity with updated zoning between Harvard and Central Squares. |
| Zoning now permits up to 75 feet or approximately six stories of new residential construction, with the potential for a separate four-story building. |
| Located just a five-minute walk to the Harvard MBTA Red Line station, offering exceptional transit access throughout Cambridge and Greater Boston. |
| Positioned in the Harvard-MIT submarket, a high-demand rental corridor with strong demographics and one of the lowest vacancy rates in the country. |
| Surrounded by 237,500 residents within 2 miles and an average household income above $130,500, supporting sustained, long-term rental demand. |
| Current residential leases expire in August, transitioning to tenant-at-will status, supporting a smooth development timeline with minimal disruption. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Porter Square (Fitchburg/South Acton Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) | 4 min | - | 1.8 mi |
| Yawkey (Framingham/Worcester Line - Massachusetts Bay Transportation Authority Commuter Rail (Purple Line)) | 5 min | - | 2.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Central Square Station (Red Line - Massachusetts Bay Transportation Authority Subway (The T)) | 1 min | 6 min | 0.3 mi |
| Harvard Square Station (Red Line - Massachusetts Bay Transportation Authority Subway (The T)) | 3 min | 13 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| General Edward Lawrence Logan International | 16 min | - | 6.1 mi |