The DNA Lofts is a condominium project on Dorchester Ave in Dorchester.
The developer was only able to sell 15 of its 57 units during the past several years so he decided to hold an auction, which took place last night.
According to a Banker & Tradesman article, 15 of the 28 units that went up for auction were sold. The developer stopped the auction when bids started dropping after the first couple of units were sold (for more than 60% of final auction list prices).
According to B&T, six units were sold post-auction.
The remaining units, which I estimate to be 21 units left for sale, will be listed the traditional way.
For information on individual unit sales prices and for private tours of the DNA Lofts, please contact me.
If you’re looking for an apartment or condominium home in the hot Fort Point Channel / Innovation District / Seaport District / South Boston Waterfront neighborhood, you have plenty of options, with more coming soon.
The Boston Herald had an article in today’s newspaper about the neighborhood, pointing out many of the options.
They talk about the new Atlantic Wharf apartments. Originally planned as condos, the developer of this new office / residential hybrid chose instead to take advantage of the hot rental market, building 85 “loft-style” units.
Boston Properties has just completed Atlantic Wharf, consisting of residential, restaurant and commercial space between the Rose Fitzgerald Kennedy Greenway and the harbor.
The Lofts at Atlantic consist of 85 luxury rentals priced from $2,200 to $8,000 per month with amenities including a clubroom lounge, a fitness facility and on-site boat slips.
Also in the area are the FP3 condos, priced from the $400,000′s to over a million. Further into the neighborhood is the Park Lane apartment complex, practically at the tip of Boston, facing its Harbor and near the new Liberty Wharf destination spot, complete with restaurants and bars.
There is also a wide selection of already-built condo projects in the neighborhood, including the Channel Center, along with attractive, spacious lofts in the Leather District, near South Station.
And, just a block from Atlantic Wharf are the Residences at the InterContinental and Rowes Wharf.
For more information about rentals and condos in these neighborhoods, send me an email.
Above, artist’s rendering of the lofts at Atlantic Wharf.
The New York Times ran a story about how the “little touches” are what end up getting homes sold. So, if you’re thinking of selling, make sure your real estate agent makes your home look good, even if it means a bit of an investment on your (or his) part.
Brokers say small moves can alter the ultimate sales price of an apartment by 5 to 10 percent. The calculations are irrational, and buyers are usually unaware they are doing it. But chipped plaster or broken bathroom tiles can knock $500 to $5,000 off an offer, $1,500 floating walls can add $50,000 to $70,000, and a $10,000 paint job easily adds $50,000 to the price …
Some of the tips, some of which cost more than others:
* Unclutter the property (free!)
* Get rid of the dirty rugs! (under $500)
* Fresh pillows and towels (under $200)
* New appliances ($1,000-$2,000)
More: To Sell an Apartment, No Detail Is Too Small, The New York Times
Construction is well underway on a five-story condominium building located on at 691 Massachusetts Avenue, in the South End neighborhood of Boston.
The project broke ground earlier this year and is already framed. Construction is scheduled to be completed by mid-2011.
There will be 40 units – studios, one-bedrooms, and two bedrooms, and penthouses. They are also advertise some of the units as “live / work” space (“SOHO”). While there aren’t too many specifics about how these differ from typical units, they are described as such:
SOHO UNITS provide the freedom and flexibility for living, working and relaxation. Open Plan Living Room, Dining and Kitchen create a loft-like atmosphere.
All units come with a bedroom and bathroom and an additional room for you to customize. The use of the space is endless!
Units are 550-1,800 square feet in space. The building has an elevator (of course) and there is on-site parking, both surface and in an underground garage.
Prices look to be subject to change but they are advertising them as “Starting in the $300Ks”.
Contact us today to learn more and check back here for the latest updates.
Developer website: six9one residences
UPDATE: Here are some sample pricing, hot off the press:
691 Massachusetts Avenue U:501, 1 bed, 1 bath $309,000
691 Massachusetts Avenue U:504, 1 bed, 1 bath $345,000
691 Massachusetts Avenue U:503, 1 bed, 1 bath $360,000
691 Massachusetts Avenue U:506, 1 bed, 1 bath $375,000
691 Massachusetts Avenue U:502, 1 bed, 1 bath $375,000
691 Massachusetts Avenue U:505, 1 bed, 1 bath $390,000
691 Massachusetts Avenue U:507, 1 bed, 1 bath $425,000
691 Massachusetts Avenue U:508, 1 bed, 1 bath $499,000
691 Massachusetts Avenue U:401, 2 bed, 2 bath $575,000
691 Massachusetts Avenue U:PH 602, 2 bed, 2 bath $975,000
Almost sold out with one unit left to go at SOBO/Seaport’s 36A Lofts. The home is a 1 bed (w/ option for 2nd) and 1 bath with polished concrete floors, glass walls and a private rooftop area. Oh and 2 heated garage parking spaces. The loft is being offered at $595,900.
Interested? Contact 508.930.6232.