The nine-unit 282 Marginal Street is the first new condo building built on the East Boston waterfront in a long, long while (some say decades). It debuted last summer, with its spreads priced from the low $400,000s to the high $600,000s. Closings have been going on for several weeks now.
Here, then, are what new Eastie waterfront condos actually sell for:
· Unit 7, a 1-BR, 1-BA unfolding over 1,105 square feet, asked $559,000 and got $550,000.
· Unit 1, a 1-BR, 1-BA spread over 1,198 square feet, asked $429,000 (then $399,000) and got $392,000.
· The 2-BR, 1-BA, 1,185-square-foot Unit 2 asked $479,000 and sold for $470,000.
· Unit 4, a 2-BR, 1-BA covering 1,191 square feet, asked $549,000 and went for $525,000.
· Finally, the 2-BR, 1-BA, 1,173-square-foot Unit asked $499,000 and closed for $472,500.
So, yes, Eastie's real estate is changing—probably forever—but it's taking a little price-chopping.
· Meet 282 Marginal Street, Eastie Waterfront's Newest Condo [Curbed Boston]
· East Boston: Low Supply, High Demand, Brooklyn Bound [Curbed Boston]
· Loft at 64 Marion Street Sets East Boston Sales Record [Curbed Boston]