Listed as a “Rare & Stunning Bridge View 2 Bedroom at the Infinity” for $2.5 million two years ago, the 1,317-square-foot unit #23B at 301 Main Street sold for $2.4 million in March of 2015, establishing a building and neighborhood comp at $1,836 per square foot.
Three months ago the unit returned to the market listed for $1,995,000. And yesterday, 301 Main Street #23B resold for $1,900,000, establishing a new comp at closer to $1,443 per square foot.
While $1,443 per square foot certainly isn’t cheap, it is roughly 21 percent cheaper on an apples-to-apples basis versus the first quarter of 2015 for the bridge view two-bedroom at the Infinity.
And in related news, the listing for 301 Main Street #5C, the lower level 1,752-square-foot unit which had been listed for 24 percent less than the price at which it was purchased one year ago, was just withdrawn from the MLS without a reported sale.