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Blog :: 11-2012

Here at Boston Lofts, we know that it's difficult to stay on top of everything that's going on in the Boston real estate market. So, we have created this blog to keep you up-to-date on the most important news and insights from our experts. Check out some of our latest posts below and feel free to reach out to us for more information - we'd love to hear from you!

This Week's Boston Lofts for Rent Under 2K

Here's a quick look at three lofts for rent in the Boston Area - all under $2,000 a month.

Location: Munroe Lofts, Lynn  Price: $1400 Size: 780 Square Feet / Studio / 1 bath Parking: Street Info:  14' ceilings, "brick and beam" style loft, steps to commuter rail

Munroe Lofts for Rent Lynn

Munroe Lofts in Lynn - perfect "brick and beam" style!

Location: Foundry Lofts, South Boston Price: $1900 Size: 600 Square Feet / 1 Bedroom / 1 bath Parking: Street Info:  Renovated Kitchen & Bath, exposed brick, HUGE windows, fantastic west-side location

Foundry Lofts South Boston

Foundry Lofts, South Boston - converted factory loft for rent

Location: Belmont Lofts, Malden Price: $1700 Size: 1078 Square Feet / 2 Bedrooms / 2 Full Baths Parking: One Assigned Space Info:  Top-floor, converted schoolhouse loft, hardwood floors, A/C

Belmont Lofts for Rent Boston Lofts

Converted Schoolhouse Lofts at Belmont Lofts in Malden

For more information on these lofts, or any other rental lofts in Boston, contact Paul Santucci 617-694-0004 paul@bostonlofts.com

 

Premier Boston Lofts at Court Square Press

I often get asked what's my favorite loft building in Boston. Tough question to answer because Boston has an amazing array of lofts, and I've seen units in buildings that are what I would call the perfect loft, but the building may not be as attractive, or the area I wouldn't consider highly desirable.

However, one of Boston's loft buildings that scores high on several factors: quality of units, perfect combination of factory conversion & upscale finishes, gorgeous building with great amenities that Court Square Press shares with it's sister building the Macallen (gym, concierge, garage parking, gallery-like lobby, 20,000 SF rooftop terrace, etc), and a location that continues to grow in value (The Redline T is across the street!) is Court Square Press in the Seaport area of South Boston.

I had the pleasure of helping two buyer clients purchase there this year, and I was confident that both made a prudent decision, both for quality of living and value.

Here's the quick market sales data for sold units this year (so far) at Court Square Press, 9 West Broadway, South Boston:

  • Number of Lofts Sold = 14
  • Average Days on Market = 72
  • Average Price Per Square Foot Sold = $500
  • Average List Price = $644,000
  • Average SOLD Price = $619,000
  • Least Expensive Loft Sold = $360,000 (1st Floor, 1 Bed / 1 Bath, 673 Square Feet)
  • Most Expensive Loft Sold = $1,277,500 (Top Floor, 3 Bed / 2 Bath 2114 Sf, w roofdeck)
For more information about the lofts for sale at Court Square Press, please contact Paul Santucci, Director of Boston Lofts, 617-694-0004 paul@bostonlofts.com

Court Square Press Penthouse Loft at Court Square Press

Court Square Press Livingroom
"Brick and Beam" Livingroom at Sold Loft, Court Square Press
Courtyard Court Square Press
Courtyard of Court Square Press

Penthouse Loft at Court Square Press "Brick and Beam" Livingroom at Sold Loft, Court Square Press Courtyard of Court Square Press

 

South Boston Loft for Sale - Views, Parking, Beams!

881 East First in South Boston is a true loft building in Boston - meaning that it's a converted factory that's retained it's original unique qualities, while creating a fantastic living space. Included on the list of what's been restored are the heavy timber beams & posts, and the original factory hardwood floors. Located on the East Side, this South Boston Loft is a stone's throw from the water AND the revitalized Seaport District.

Beyond the originally restored qualities, this sunny, open concept / southwest facing loft also boasts:

  • 9 Factory Sized Windows
  • Custom Ash Kitchen
  • Bosch Appliances
  • Concrete Countertops
  • Skyline Views of Boston
  • Waterviews
  • Remodeled Bathrooms
  • Central A/C, Forced Hot Air Heating
  • Fantastic Layout
  • Deeded Parking
Price: $562,000 Size: 1362 Square Feet, 1 bed / 1 Bath
Condo Fees: $334.26
This loft is also featured in this week's Boston Herald Biz Smart's article on perfect holiday gathering spaces for sale in Boston!
For more information on this and other Boston Lofts for sale or rent, Please contact Paul Santucci, 617-694-0004 paul@bostonlofts.com

South Boston Lofts 881 East First - Original Beams frame this true loft

881 East First Boston Loft
Ash Kitchen w/ Bosch Appliances, Concrete Countertops
881 East First Livingroom
Original Beams, Restored Hardwood Floors & Factory Sized Windows  at 881 East First

881 East First - Original Beams frame this true loft Ash Kitchen w/ Bosch Appliances, Concrete Countertops Original Beams, Restored Hardwood Floors & Factory Sized Windows  at 881 East First

New to Market Live / Work Boston Loft at Fp3

Fp3 Boston is a combination of 3 residential buildings in Boston's Seaport District / Fort Point. The Seaport District is Boston's hottest growing area, with Mayor Menino enticing businesses with the "Innovation District" Label, new retail, hotels, the ICA, apartments and, of course, the restaurants now dotting the landscape along the waterfront.

Fp3 remains one of the very few residential buildings in the Fort Point (well, residential with a few Barbara Lynch restaurants Sportello, Menton and Drink all over looking Congress Street). With it's converted factory feel and new, modern construction finishes, the lofts at Fp3 are highly desirable. These lofts were sold out a few months ago and now we are seeing resales starting to hit the market.

Just released on the market today is a fantastic live / work Boston Loft with a very unique private terrace.

346 Congress Street / Fp3 Unit 108 details:

  • 938 Square Feet
  • Price: $574,000
  • One Bedroom (Open concept) / One Full Bath
  • Condo Fee: $515/month (includes Heat, Hot Water, Gas, Water, Concierge, etc)
  • 150 Sf Private Terrace
  • Oversized Factory Windows
  • Maple Hardwood Floors
  • Designer Kitchen
  • Rental Parking available for $255/month
  • Live / Work zoning

For More information & private showing, please contact Paul Santucci, Director of Boston Lofts. 617-694-0004 paul@bostonlofts.com

fp3 Boston Lofts

Fp3 Live / Work Loft Kitchen

fp3 Boston Lofts

Open Concept Bedroom and Livingroom at Fp3 Boston unit 108

Roofdeck at fp3 Boston Lofts

Common Roofdeck at Fp3 Boston

Comments

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    A fairly retaepable strategy for scores in the mid to high 50 s:Blue bird just above level, splitting so that the bottom bird takes out the left pig, and the top bird flies just under the ledge and takes out the other 3 pigs along the bottom.Then fire the yellow bird over the top of the entire structure, into the cliff face on the upper right. He then rolls back down, breaks the rope so the top right building topples and the 2 upper right pigs are killed.

    Boston South End Loft Market Conditions

    Here's the current market data for Boston's South End Loft Market - basically the first 3 quarters of 2012, in comparison to 2011:

    Current 2012 LOFT SALES in The South End:

    South End: Number of Lofts Sold: 61 Average List Price: $632,154 Average Sale Price: $618,880 Average Days on Market: 84 Average Price Per Square Foot: $545 Most Expensive Loft SOLD: $1,520,000 Least Expensive Loft SOLD: $264,215

    Boston (includes all neighborhoods): Number of Lofts Sold: 306 Average List Price: $575,345 Average Sale Price: $556,299 Average Days on Market: 95 Average Price Per Square Foot: $473 Most Expensive Loft SOLD: $2,560,000 Least Expensive Loft SOLD: $103,050

    ________________________________

    2011 LOFT SALES

    South End: Number of Lofts Sold: 89 Average List Price: $659,337 Average Sale Price: $644,941 Average Days on Market: 88 Average Price Per Square Foot: $553 Most Expensive Loft SOLD: $1,890,000 Least Expensive Loft SOLD: $257,000

    Boston (includes all neighborhoods): Number of Lofts Sold: 280 Average List Price: $583,000 Average Sale Price: $563,000 Average Days on Market: 115 Average Price Per Square Foot: $480 Most Expensive Loft SOLD: $2,145,000 Least Expensive Loft SOLD: $120,000

    All data was collected from MLS

    for more South End Lofts information, click here.

    If you are interested in more information regarding the loft market in the South End, lofts for sale in the South End, or lofts for rent or sale in Boston, please feel free to reach out: Paul Santucci, Director of Boston Lofts, 617-694-0004 paul@bostonlofts.com.

    Artblock Boston Lofts

    Artblock in the South End

    Boston Lofts in the North End

    Here's the latest market information for 2012 loft sales in the North End, Boston:

    Number of Lofts Sold: 17 Days on Market: 101 Average Sales Price: $732,441 Average List Price: $781,706 Average Price Per Square Foot: $590

    Click HERE for More Market Details for Lofts in the North End.

    The North End boasts one the most historic neighborhoods in Boston, and the lofts in the North End deliver that history with unique character, such as exposed "brick and beam", former factories, wharf buildings and even restaurants - in addition to new & modern style loft buildings.

    Here's a few examples of lofts for sale on the market in the North End: Price Spaghetti Factory

    Stillman Street Lofts

    Commercial Street Lofts

    Lewis Wharf

    Lofts for Rent in Boston's North End:

    The Michelle 

    For More North End Lofts info, visit www.NorthEndLofts.com or contact Paul Santucci, Director of Boston Lofts: 617-694-0004 paul@bostonlofts.com

     

    Michelle Lofts in Boston

    The Michelle Lofts in Boston