Ink Block Brightens Harrison Avenue in South End

Harrison Avenue in Boston is getting a new look.  The SoWa area of the South End is buzzing in anticipation of the Ink Block luxury condominiums located at 32 Travelers Street.  Where’s the “ink” in Ink Block come from?  The Ink Block will replace the well-known Boston Herald building hence the name.

The Ink Block is built upon approximately 6 acres and will be a mixed use space consisting of Ink 1, Ink 2, Ink 3 and Sepia condominiums.  Ink 1, 2, and 3 will be rental units and Sepia will be an 83 unit condominium complex.

The Ink Block will be sure to impress, currently available are studios, 1, 2 and 3 bedroom luxury condominiums.  Many of the units include balconies or terraces. The units will range from $459,000 to over $2 million.  Ink Block Sepia residences will have access to a common rooftop deck as well as the rooftop pool located on Ink 2.

South End Ink Block Condos

Boston SoWa Ink Block Condo Amenities

The City of Boston is improving the area around the 8-story building including wider sidewalks, bike lanes, improved lighting, retail shopping and restaurants.   The Ink Block will include a flagship Whole Foods market overlooking Harrison Avenue in which residents of Ink Block Sepia will have their own entrance into the market.  Living at the Ink Block will put you a short walking distance away from downtown, and moments from some of Boston’s finest restaurants, along with easy access to Interstate 93.

Close proximity to chic restaurants, grocery stores, and access to downtown Boston are important, but building amenities are a draw too.  Ink Block will not disappoint buyers offering floor to ceiling windows and floor lay-outs that maximize living space.  Units will be outfitted with Jenn-air and Bosch appliances with the option to upgrade to DeWolfe.     Amenities include 24/7-concierge service, enclosed underground parking, fitness center, electric car charging stations and a dog washing station to name a few.

This exciting luxury condominium development has currently sold 30% of its units and it is expected to be complete and ready for occupancy in fall 2015.   Now, is a good time to pick your unit in the building it is likely the 3 bedroom units will be sold out soon, inventory on this floor plan is limited.

Boston Ink Block Condos - Sepia

Portside at Pier One

The Portside at Pier One development, which started in January 2006 but was soon after halted due to the downward turn of the real estate market, has restarted again as of January 2013.

The Portside project is a $67 million dollar luxury apartment complex said to include seven buildings on 26 acres of East Boston waterfront just outside Maverick Square.  The first phase of the mixed-use project will consist of 176 apartments adjacent to the pier of which 150 will be market rate apartments with the remainder affordable housing.  The project is expected to grow to 566 apartments with retail space.

Along with spectacular views of the downtown Boston skyline residents will also enjoy close proximity to the Blue line, on-site parking, public access to the waterfront, landscaped open spaces and proposed water transportation service at Lewis Street.  All of which is much to be excited about.  The project is scheduled to be complete in the Spring of 2014.

East Boston Portside at Pier One Phase II

Phase two of the East Boston Waterfront revitalization will showcase the Clippership Wharf condominiums consisting of 4 buildings totaling 400 condominiums and 670 underground parking garage spaces across 12 acres.

These buildings will be beautiful additions to the East Boston waterfront.

Boston Parking Space Sales Heat Up

During a heat wave you are probably not thinking about New England winters, but perhaps you should ponder it a little – do you remember how difficult it was to find a parking space in December during a New England nor’easter?  Remember the snow bans, spending hours digging yourself out of your on-street parking space and then having to worry about if it would be available upon your return?

Be proactive this summer, and purchase piece of mind by acquiring a Boston parking space in a secure and covered garage.  You will thank yourself come the dead of winter when you are driving your car out of the garage!

Recent Boston Garage Parking Space Sales

I have recently sold two parking spaces in both downtown and the South End areas of Boston.  My clients purchased parking spaces because they have seen the population growth in their living areas, found finding a place to park in the evening increasingly more difficult and have experienced car vandalism when parked on the street.  Now, with their covered and secure garage parking spaces, they can enjoy city living with more ease and not be burdened with the parking hassles and owning a car.

Boston Parking Space Investments

Parking spaces can also serve as great investment tools for those people looking to purchase real estate but do not want the headaches of being a landlord of homes.  Parking spaces can appreciate much in the same way as other property with lower entry costs and lower maintenance expenses.   Parking spaces are investments that do not require much intervention once you own them; find a renter and then begin collecting the rent checks.

Parking spaces can be found in various parts of the city including the West End, South End and Downtown Boston.  Some spaces require you to pay real estate taxes and garage fees also called HOA fees.  Taxes range from $800 to $1000 per year and garage fees can range from $60 to $300 a month.  However, there is at least one unique space in downtown Boston at the Ritz Carlton Millennium Tower garage that does NOT have real estate tax or garage fees associated with it – the Ritz Carlton garage parking space is a new listing of mine.  No monthly fees along with a current tenant leasing this space makes this Boston Ritz Carlton garage parking space highly attractive to potential buyers looking for a solid investment.

If you have interest in either buying or selling a garage parking space and want to speak more about what I’m seeing in the market right now, contact us here on the Boston Real Estate Observer.

Boston Ritz Carlton Parking Space for Sale

One of downtown Boston’s most recent listings is at the Ritz Carlton Boston. Not a condo, but a parking space for sale in the exclusive Ritz Carlton Millennium Tower.

Own a piece of the highly sought after Ritz Carlton, free and clear by purchasing a Ritz Carlton garage parking space that can be for personal use or as an investment tool. Many garage spaces in Boston require that you pay a monthly HOA fee and real estate taxes, not the case here. The new parking space listing at 2 Avery Street, parking space B2-#6, does not carry any corresponding HOA fees or real estate taxes.

The garage is secure and conveniently located in downtown Boston behind the Ritz Carlton residence entrance. The Ritz Carlton space is self-park, so when it is time to leave ,no need to call ahead just drive out of the garage.

If you already own a condo residence at the Ritz Carlton this would be a great addition to your existing condominium. The list price of the Ritz parking spot is $93,000. For those looking for an investment, the space is currently rented for $375 per month, with the tenant able to vacate in 30 days.

For more information regarding the Ritz Carlton parking space for sale, listing your parking space for sale, or buying a downtown Boston garage parking space, contact us today.