India-based LLC Acquires Office Building At 6 John F Kennedy Street For $55.1M
6 John F Kennedy Street
$55,100,000
$1,377/SF
Building Size
40,000 SF
Asset Type
Office
Closing
Jul 16, 2025
AI
An India-based LLC purchased the office building located at 6 John F Kennedy Street in Cambridge, MA for a total of $55.1 million. The asset spans 40,000 square feet and was fully leased at the time of sale, which included tenants such as CVS and The Harvard Shop.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $55,100,000
- Square Footage: 40,000
- Price Per Square Foot: $1,378
- Market: Cambridge, MA
- Broker: Nat Heald, Connor Scott & Jordana Roet - CBRE
CBRE facilitated the transaction, representing the seller. The sale reflects significant activity in Harvard Square's commercial real estate market, highlighting ongoing interest in strategic retail and office locations.
Players
Cambridge Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93