Unfinished Four Seasons Penthouse Sells For $7.2m
Unit 2000, a two story penthouse, at the Four Seasons sold last week for $7.2 million, the highest condo sale this year.
The PSBJ also reports on the sale:
The 5,256-square-foot unit sold earlier this week as an unfinished shell for approximately $1,368 a square foot. Finishing the interior could cost anywhere from $200 a square foot on up, depending on what level of finishes the new owner wants, said Scot Wasner, director of the Four Seasons Private Residences and co-founder of Realogics Sotheby’s International Realty.
When the project opened, prices for finished units were running between $2,100 and $2,400 a square foot. Prices were later lowered by roughly a third to help spur sluggish sales.
There are 11 condo units remaining in the 36-unit project. Wasner said there were “a couple of deals in play” for the remaining units.
The unit was bought by PJM LLC with Scott Wasner from Realogics acting as their agent. The listing agent was Moira Holley, also with Realogics.