2008 has been a good year for the Penmark Boston, with roughly 15 of the 60-unit South End development going Under Agreement or being sold. After what some would say a slow start to sales, occupancy levels have been climbing steadily. The development recently moved their model unit to another unit in the building because their previous model was one of those 15 that sold.

Currently, the Boston MLS lists 10 available units at the Penmark, ranging in size from 929 square feet up to 1,497, and in price from $557,500 to $852,500. The average price per square foot for available units is currently $612, which is quite consistent with the overall South End, and reasonable given the finishes and amenities of this new development – for comparison, see South End Average Price Per Square Foot. The SoWa (South of Washington Street) location puts you in proximity to a solid mix of amenities, but quite far south in the South End.

Open Houses are being held at the development each Sunday from noon until 3pm. After stopping in, contact us with questions, analysis of comparable properties on the market, and the benefits of leveraging a Buyer’s Agent.

We received a request to provide an update on the Penmark South End condo development in Boston’s South End. Located on Father Gilday Street, parallel and south of Washington Street, the Penmark is a 60-unit well appointed development that has been laboring to close out the final developer units from the 2005 redevelopment of the building. We blogged about what were the 11 units for sale back in mid November (see Penmark South End Condo Prices), and now there are 7 remaining units on the Boston MLS.

Various floor plans are still available in the $566 to $740 per square foot (+/-) range. Available units are listed from $565,000 to $1,055,000, and do include garage parking.

For more details on available units: Penmark South End Condo Listings (2.7 MB PDF)

If you are looking for upscale living deep in the South End, you do have options. One of those options is the newly opened Penmark Condos at 21 Father Gilday Street, just south of Washington Street (SoWa). The Penmark is a 60-unit development with a boutique feel, high-end finishes, and underground garage parking.

Of the 60 units, the Boston MLS shows 11 for sale, offering various floor plans in the $600 per square foot (+/-) range. Available units are listed at $575,000 to $1,055,000, and offer 908 to 1,726 square feet with one to two deeded garage parking spaces included based on unit.

For more details on available units: Penmark South End Condo Prices (PDF)