First Bryant Back Bay auction units close

mls40Ten of the 50 units at The Bryant Back Bay condominium project were sold at an auction held in October. Several units were subsequently put under agreement either to buyers who didn’t make successful bids at the auction or made offers, soon thereafter.

The first two of these units have now closed, according to the public record.

Unit #301 was first listed in MLS at $1.6 million in July 2009 and closed last Friday at $1.4 million. It was not one of the ten units listed for sale at the auction. Unit #401, however, was listed; it’s obviously just one floor higher. It was last listed for sale at $1,695,000, had a minimum bid price of $1,075,000, and was believed to have sold at the auction for $1,325,000, although it’s yet to hit the public record.

Unit #301 is listed as having almost 100 square feet more of space but that may simply be a result of estimates used when the properties hit the market, prior to the completion of construction.

It appears that the buyers of #301 purchased two parking spaces; this may explain the higher purchase price when compared to #401. Buyers at auction purchased parking, if needed, outside of the event, I believe.

Meanwhile, Unit #603 closed on November 4, according to the Suffolk County Registry of Deeds. It was originally listed at $2,290,000 and closed last week for $1,585,000. This unit had just over 2,000 square feet, a bit smaller than the others, which led to a higher per-square foot amount. This buyer also purchased two parking spaces.

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