First luxury condominiums at Somerville’s Assembly Row sell out pre-completion

The 107 luxury condominium residences at Alloy at Assembly Row, a new-construction building opening early 2018 that is the first homeownership option at Somerville’s booming Assembly Row mixed-use transit-oriented development, have sold out 100% prior to construction completion. Construction of Alloy began Winter 2016, and condominium sales began about 16 months ago. Condominiums reportedly sold at an average of $800,000 each, with select penthouses topping $1 million; sales of Alloy condominiums have not yet closed.

Alloy will feature amenities for condominium owners including an exclusive rooftop deck and club room, a swimming pool, a fitness center and concierge service. An additional 15 condominiums at Alloy are designated affordable; a lottery for these residences will be held in the coming months. On the 13-story Alloy’s lower floors will be a 159-key Marriott Autograph Collection boutique hotel and approximately 21,000 square feet of first-floor restaurant and retail space. Alloy is located steps from the new Assembly MBTA Orange Line station, minutes from Downtown Boston by transit or car.

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