Boston Realty Advisors is pleased to present the exceptional opportunity to acquire The Emerson, a 31-unit trophy multifamily asset located in Cambridge, Massachusetts. The Emerson is an irreplaceable asset by every measurable standard. Located in a one of the most premier markets in the United States, The Emerson is ideally situated between Harvard University and the Massachusetts Institute of Technology (MIT). The offering features a mix of studio and one bedroom apartments amongst four floors and offers investors immediate value add potential. The Emerson presents the rare opportunity to own a truly one-of-a-kind asset in a world-renowned city; Cambridge, Massachusetts.
Anchored by two of the most prominent academic institutions in the world - Harvard University and MIT – along with global companies that make up the tenant base of Kendall Square - Cambridge, Massachusetts is diverse, transit-oriented and a magnet for long-term growth. With immediate access to public transit, the deep employer base that makes up the area, and the wealth of amenities, residents of The Emerson benefit from all Cambridge has to offer.
The Emerson offers investors a generational multifamily asset in a class A+ location with significant value add potential. The Emerson is offered for sale on an un-priced basis. We will be conducting tours of the property with a “call-for-offers” to follow.
Cambridge, Massachusetts is a world renowned city by every sense of the term. Home to Harvard University, Massachusetts Institute of Technology and some of the largest biotech firms in the world, Cambridge presents both stable investment qualities and long-term growth opportunity.
Innovation and education have been the main power source for the success and strength of the submarket. Home to global companies such as Novartis and Biogen, Cambridge is the epicenter of life science research and development. These market drivers produce incredible demand for housing and retail focused needs.
Situated at the corner of Massachusetts Avenue and Hancock Street, the Emerson is a 0.3 mile walk to the Central Square Red Line MBTA Station. The Central Square station is located in-between Harvard Square and Kendall, providing residents with superior access to the three most important locations in Cambridge, MA.
Located directly on Massachusetts Avenue, area amenities are unmatched. Ranging from some of the best restaurants in New England to boutique shops and markets, The Emerson offers residents a variety of options. Whether taking a stroll to a nearby park or enjoying the Charles River, the options are truly endless.
CURRENT CONDITIONS - VS - RENOVATION OPTIONS
The Emerson offers significant value-add opportunity with unit and common area renovations. Please find the following examples of existing conditions vs. future renovation options that will allow ownership to maximize rents and maintain tenant retention.
Jason s. Weissman
Founder & Senior Partner
Nicholas M. Herz
Managing Director & Partner