Clippership Wharf
Update
08/10/17
Slip65, luxury condos opening Fall 2018 on East Boston Waterfront, 95%-sold in six weeks
Slip65, the East Boston Waterfront’s first luxury condominium building featuring 80 residences, has reached 95%-sold over a year before the building’s anticipated Fall 2018 opening after just six weeks of sales. Slip65’s remarkably quick sell up represents the very strong demand for housing, in particular ownership options, on the East Boston Waterfront. Seeking to capitalize upon the neighborhood’s sweeping waterfront views and one-stop subway commute to Downtown Boston, a number of developers have recently switched East Boston apartment project programs to condominiums. The Davis Companies received approval last month to construct 119 condominiums at 99 Sumner Street, which will be the second condominium option directly on the East Boston Waterfront; originally, The Davis Companies had proposed to construct 119 apartments.
Just four residences remain for sale at Slip65, with 76 residences under agreement. All one-bedroom residences at Slip65 have been sold; all remaining available residences are two-bedrooms. Prices for Slip65’s sold condominiums range from $700- to over $1200 per square foot, some for prices topping $1.5 million. Residences currently listed for sale range from $780 to just over $900 per square foot, including:
- Unit 415, a 1,075-square-foot two-bedroom/two-bathroom residence, listed for $840,000 ($781.40 per square foot)
- Unit 214, a 1,082-square-foot two-bedroom/two-bathroom residence, listed for $875,000 ($808.69 per square foot)
- Unit 308, a 1,051-square-foot two-bedroom/two-bathroom residence, listed for $935,000 ($889.63 per square foot)
- Unit 510, a 1,066-square-foot two-bedroom/two-bathroom residence, listed for $965,000 ($905.25 per square foot)
Slip65 is part of the first phase of the Clippership Wharf development, which will feature 478 residences with approximately 30,200 square feet of retail and community space, including a cafe and a restaurant, when complete. Residences at Clippership Wharf will include 398 apartments and 80 condominiums.
