Purchased for $599,000 in September 2006, the short sale of 250 King St #450 (a.k.a. “250 King #00045“) closed escrow yesterday with a reported contract price of $350,000 ($439 per square foot). Call it 17 percent “over asking!” but 42 percent under its 2006 sale price for the 797 square foot one-bedroom at The Beacon.
∙ Short And Shorter At The Beacon (250 King) [SocketSite]
Was this a BMR unit? A post in the original thread said it was per the MLS listing.
[Editor’s Note: We don’t believe it was.]