Best 2 Bedroom South Boston Condos

January 26, 2008 By

Buyers of Boston Real Estate are astute, and they’re always on the lookout for the cream of the market, at a reasonable price. Sometimes, this can be a tough combination to find, but a new 3-unit total renovation in South Boston at 253 E Street delivers quite nicely.

The penthouse unit hit the market in mid November 2007, and sold quickly for $435,000, at above asking price. The finishes and craftsmanship are stellar, and the in-unit laundry, roof deck, and Brazilian cherry floors didn’t hurt.

So, what’s left you ask? The Terrier Group, a South Boston based real estate brokerage, is marketing the remaining two units at 253 E Street that remain, priced at $379K and $389K (both right around $400 per square foot). These are two-bedroom one and a half bathroom units, with 900+ square feet, and essentially, contain all the perks you are looking for. The units were remodeled with Brazilian cherry floors, gas fireplaces for those cold Boston nights we are coming to know and love, central air conditioning for when the temperatures turn around for the summer, granite countertops, new stainless steel appliances, custom doors and exquisite crown molding, surround sound, ample closet space, tumbled marble baths with a Jacuzzi tub and a stand-up tile shower, mahogany deck (outdoor space), in-unit laundry, and private storage. On-street parking is available for neighborhood residents.

253 E Street is the work of developer Stuart Mullally, who has done many South Boston conversions, his most recent project being 474 East 4th Street.

HOA fees at 253 E Street are quite low at roughly $130, which includes water, sewer, and master insurance. Stop in and see the gleaming hardwood floors at the open house for the two remaining units, this weekend, on Sunday, January 27, 2008 from 12:30 PM to 2:00 PM.

253 E Street South Boston Condos

 

253 E Street South Boston Condos

253 E Street South Boston Condos

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Buy Macallen Building Condo, Get Free Hybrid Car

December 5, 2007 By

Forget about a free plasma TV, or a year of HOA fees, we’re talking about a free hybrid car as an incentive to buy a condo at South Boston Macallen Building!

Pappas Properties, the developer of the 140-unit green Macallen Building at 141 Dorchester Ave Boston, MA 02127 is offering a year-end clearance sale to entice condo buyers into their units, and wow, are they going all out.

On a limited number of available units in the luxury condo building, prices have been slashed by upwards of $200,000 (for instance, unit 119 was listed for $1,160,000 and is now $929,000), putting price per square foot on some units into the $500 range.

If a Buyer reserves a unit before December 31, 2007, and closes on the property before March 1, 2008, the developer will give the Buyer a Toyota Camry Hybrid car, or, $30,000 if a car is not desired.

We’ve talked a lot about the Macallen, as the first LEED-certified green development in Boston, concierge building with amenities galore, truly setting a new baseline in northern South Boston, if not the city. And they continue to set a new baseline with unheard-of buyer incentives.

Please contact us to learn more about how to take advantage of this opportunity.

Macallen Building Lap Pool
Macallen Building Patio
Macallen Building
Macallen Building
Macallen Building
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Is Now the Time to Buy at Macallen

November 22, 2007 By

It’s approaching six months since the ultra-modern, green, Macallen Building opened to residents. The building has been well-received by all walks of life, yet, there are still 29 units that currently remain for sale at the 140-unit northern South Boston development.

We’ve discussed the Macallen, at 141 Dorchester Avenue, numerous times (click the ‘Macallen Building‘ tag just under the title of this post for more blog posts on the Macallen), the development is clever, and the absorption rate, as we predicted, would take time given that the Macallen is the first LEED certified condominium building in Boston real estate, and prices are consequently higher then neighboring developments. But are the prices staying locked?

As we begin to enter the winter stretch of home buying, sources state that there is room to maneuver at the Macallen related to pricing, with $50,000 price negotiations not uncommon among the moderately priced units. If you are at all tempted by the new baseline for green living in northern South Boston offered at the Macallen Building, contact us using the link at the top of this page for more details on the units currently ranging in price between $475,000 and $1,680,000 at this Massachusetts LEED condo development.

macallen-building-condos-19

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Boston Macallen Building Flooring Issue

November 8, 2007 By

We have received almost 10 visits in the past several hours from readers who are looking for information on the bamboo flooring issue at the Macallen Building.

To shed a little light on the subject. Pappas Properties (the developer of the Macallen Building) has been back and forth with the company who laid some of the bamboo flooring in parts of the building after some units experienced buckling problems with the bamboo floors. We recently visited a studio/one-bedroom for sale overlooking the exquisite green terrace and lap pool, where the flooring issue was evident.

Needless to say, it’s an issue. Pappas has committed to rectifying the problem in all impacted units, and is working towards a settlement with the flooring company.

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Leachmore Point To Be Called Eleven West Broadway

November 3, 2007 By

Well, the people have spoken, when we announced earlier this year (see New South Boston Condos at Leachmore Point) that Pappas Enterprises was planning the development of a small, luxury boutique, condo development above the Red Line Broadway T-Stop, the anticipated name, Leachmore Point, received boos and hisses. Based on recent conversations with representatives from Pappas, the name will be changed, to the delight of many, to Eleven West Broadway.

Eleven West Broadway (formerly known as Leachmore Point) will break ground in March 2008, and speed through a condensed construction cycle. No preconstruction units will be sold according to Pappas, once the condo development is complete, units will then be opened up for sale.

Eleven West Broadway is slated to feature 64 high-end condos. The condo development will completely redesign and renovate the Broadway T-Stop (sounds good to us), and following suit with Pappas’ new vision for a better Boston, the building will be LEED certified (green), much like their newly completed Macallen Building across the street.

Initial design drawings that were released earlier in the year are being reworked, so stay tuned for more changes on this exciting new development in northern South Boston.

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Allele Boston Condos Show Progress

October 24, 2007 By

One of the Three South Boston Amigos, Allele Boston, is showing significant progress towards its Q1 2008 occupancy target. The best vantage point to view the Allele development is from Dorchester Avenue looking south, where you can get a great view of the rounded bow facade of the building. The exclusive photos below provide a great time series piece on what has been happening over the past several months on the construction progress at Allele.

allele-condos-9

Allele, meaning hybrid, will be a loft-style condo development at 150 Dorchester Avenue, consisting of 48 units priced between $429,000 and $1,100,000. As you can see from the pictures, terraces accompany most units. Garage parking will be available for $30,000 $40,000.

For more information on Allele Boston, or any other South Boston or Seaport District condo, please contact us.

allele-condos-11 allele-condos-11-1

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Prices at Macallen Building

October 17, 2007 By

We’ve received a number of requests from clients interested in pricing levels at the recently opened Macallen Building, the green LEED-certified 140-unit luxury development in South Boston.

There are currently 32 units that are available in the development, with pricing starting at $475,000 (approximately $600 per square foot). Units include very high-end amenities, and access to a host of services provided by the dual-access Macallen and Court Square Press buildings (gym, heated pool, screening room with kitchen and bath, garage parking, etc.).

For more information: Macallen Building Pricing Information (PDF)

For more information on any of the individual units at the 141 Dorchester Avenue Macallen Building, or to setup a showing, please contact us. Dig a little deeper and learn more about the history of the neighboring Court Square Press building, and where the Macallen Building got its name.

Macallen Building

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South Boston Trolley House

October 2, 2007 By

The Trolley House at 335 West Second Street in South Boston, a 24-unit 2005 rehab of a former Boston trolley house currently has two units available for sale. Both units are two-bedroom two-bathroom, and are accompanied by two garage parking spaces.

The available Trolley House condos are priced at $519,000 and $589,000, and are 1,260 and 1,331 square feet respectively. Kitchens feature Bosch and Jenn-Air appliances, gas cooking, granite countertops, and maple cabinets. HOA fees on the units come in at just under $300 per month. Units are surrounded by floor to ceiling windows, and residents enjoy a beautifully landscaped common courtyard.

Trolley House South Boston

Trolley House South Boston

Trolley House South Boston

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The Three South Boston Amigos

September 25, 2007 By

If you like new developments, then the area surrounding the Broadway Red Line T-Stop is your new hot spot. 2007 has seen the completion, and near completion, of what we are calling the Three South Boston Amigos – the Lofts at 36 A, the Macallen Building, and Allele Boston.

These three condo developments are setting a new baseline for high-end living in the northern part of South Boston, with existing standards (Court Square Press) and some more to come in the upcoming years (Leachmore Point, now to be called Eleven West Broadway). Both the Macallen and 36 A opened to residents around the June 2007 timeframe, and Allele is planning for an early 2008 occupancy date. The exclusive photo below shows Allele Boston in the foreground, and the newly completed Macallen Building in the background, with the South End and Back Bay skyline to the left.

macallen-condos

For buyers looking for the opportunity to build short to medium term equity, this area of Boston should be of pertinent interest. With the amount of development that has already happened, and that which is planned, the neighborhood will continue to blossom. For instance, we recently announced that Tapeo Boston will open a new South Boston restaurant on the ground floor of Allele, adding to the draw of the area. Small things, like reconstruction of the median between Macallen and Allele on Dorchester Avenue and the planting of trees will, again, add to the beauty and allure of the area. Significant retail is planned for Court Square Press (an organic market complete with top choice butcher), Macallen (yoga studio, dry cleaner, cafe, and small offices), and across the street from the T-Stop, a not yet announced art / wine gallery.

The Lofts at 36 A is a 36-unit 6-story boutique development that features very high-end finishes throughout, including some of the best bathrooms in the city, and exquisite scored and stained concrete floors. The development features a common roof deck situated next to numerous private roof deck spaces, and two levels of garage parking, the lower of which is serviced by a car elevator. This is a high-end, but no frills (no concierge or fitness center) condo development. 36 A features a single retail space on the ground floor.

Allele Boston will be a 48-unit 6-story (but will sit slightly lower than the adjacent 36 A building) development that is aiming for a February / March 2008 opening. Allele, which means hybrid, offers traditional home features with loft style feel, some with terraces, and garage parking for an additional purchase price. Allele will feature a ground floor restaurant (Tapeo of Newbury Street is currently the target client).

The Macallen Building is a LEED Gold Certified (Green) 140-unit mini-mega development. Macallen represents the second phase of the Court Square Press buildout, and is a full service luxury building that is the first green residential building in the city of Boston with an outdoor heated pool on an 18,000 square foot plaza, garage parking, and a viewing / entertainment room, and fitness center (in Court Square Press).

Developers are creating a very high-end, desirable enclave just south of the city, and it’s only a ten minute walk to the South End, or a quick T ride to Downtown Crossing. Residents of other recent area developments, namely 80 A Street (also known as 52 Athens) and 125 B Street Lofts, which are seen as perhaps a lower price option to Macallen, 36 A, or even Court Square Press, will soon be enjoying the fruits of their sister developments’ labor by way of increased condo values, and augmented commercial and retail options.

For a complete look at what is available in each of the Three South Boston Amigos, or any of the other sister developments, please contact us. The exclusive photo below shows the lineup of the Three Amigos along W 4th Street (closest to farthest: Lofts at 36 A, Allele Boston, Macallen Building).

the-three-amigos

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New South Boston Condos at Leachmore Point

September 3, 2007 By

South Boston will have a new gateway building breaking ground in 2008. The makers of Court Square Press and the Macallen Building, Pappas Enterprises, has obtained approval from the Boston Redevelopment Authority to move forward on a 64-unit condo development that will sit above the existing Broadway Red-Line T-Stop at the entrance to South Boston after crossing the Broadway Bridge. The new South Boston development will be called Leachmore Point.

Sitting at 11 West Broadway, Leachmore Point will be architected as a brick and glass eight-story structure, a creation of Margulies & Associates, a Boston-based architecture and design firm. The new Leachmore Point building will sit at the corner of Broadway and Dorchester Avenue across from the existing 2004 Court Square Press condo development, and the recently opened Macallen Building – Phase I and II of Pappas’ vision for the Broadway T-Stop area.

Leachmore Point Condos

The project will consist of 64 residential units, including 4,700 square feet of first floor retail (3 retail spaces), along with 69 underground parking spaces.

Sources estimate that ground will break on Leachmore Point sometime during the spring of 2008, and they will shoot for an 18 month construction cycle, which puts an anticipated occupancy date into late 2009. Leachmore Point will offer one, two, and three-bedroom units, with a range of 850 to 1,400 square feet, as well as four penthouse condos that will boast stunning views of downtown Boston, the Fort Point Channel in the Seaport District, and Boston Harbor.

Leachmore Point will be entirely green, everything that Pappas does moving forward will be green construction. Leachmore will be a boutique luxury development, with a fabulous redesign of the Broadway T-Stop,” says Marsha Yamaykina of Pappas Enterprises.

Similar to the Macallen Building (Boston’s first LEED certified condo development), the roof at Leachmore Point will be green – in plan is a 2,000 square foot pocket park, creating a green view for the neighbors living in the condominiums carved out of the old St. Peter and Paul’s Church, which sits across a small parking lot from the anticipated site of Leachmore Point. Other green features of the new development will include cisterns that collect rainwater runoff for irrigating the roof-level park, Zipcars, bicycle racks, and LED lighting that uses a photovoltaic energy system.

Leachmore Point will join the Lofts at 36 A, Allele Boston, Macallen Building, 125 B Street Lofts, 80 A Street, and Court Square Press in a complete redevelopment of the northern side of South Boston. The Broadway T-Stop area of South Boston now joins its sister neighborhood, the Seaport District, as one of the hottest areas of Boston real estate.

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