During the past couple of weeks, the brand new Sepia condos at the highly anticipated Ink Block complex in the South End welcomed its first residents. Seventy-one units in the contemporary, 79-unit luxury building (at the site of the former Boston Herald headquarters) have closed with buyers ranging from young professionals to empty nesters, plus a limited number of investors.
New homeowners here, my clients among them, are reporting that the entire package offered at Sepia—from the convenience of an on-site Whole Foods, to the luxury lifestyle, to the building’s unique amenities—is delivering on all the hype. The 24/7 concierge is professional, responsive and friendly; the beautiful lounge—essentially an extension of living space—has contemporary furnishings, a TV, gas fireplace and kitchen facilities that are great for entertaining; the fitness room is gorgeous and stocked with state-of-the-art equipment; and the stylish lobby (with an awesome chandelier) is an inviting place to greet guests. Buyers also love the common roof deck, complete with grills and some fabulous views of the city.
Just outside of Sepia’s door is one of Boston’s most hip and desirable neighborhoods that continues to attract new businesses, residents, and investment. This is a huge benefit to buyers who’ve made Sepia their full-time residence or who use their condo here as pied-à-terre. Aside from the 50,000-square-foot flagship Whole Foods Market (with a private access door for Sepia residents), a Capital One 360 Café, and an additional 35,000 square feet of restaurants and retail planned at Ink Block, the area is transforming with new residences, eateries, shopping options and lifestyle conveniences. Plus, the building is within steps to the South End’s renowned restaurants, galleries, green spaces and dog parks, and within easy access to public transportation and major highways.
The initial offering of Sepia condos sold for between $459,000 and $2,205,000 (encompassing studios to three bedroom units), and the average price per square foot of market rate units is approximately $1,034, with higest price per square foot at over $1,200. These prices are higher than the average for both downtown Boston as well as in the South End—a reflection of the increasing demand and limited supply of condos in Boston (and limited new construction available now, in particular), as well as the appeal for this amenity-rich community.
Though the majority of Sepia’s homes are owner occupied (another distinguishing feature), four never-been-lived-in units are on the market now. They are likely to move quickly, so check out these highlights while keeping in mind that each features high ceilings, custom hardwood flooring, beautiful gourmet kitchens with stainless appliances and quartz counters, open floor plans, in-unit laundry and all of Sepia’s luxury features and amenities:
- Unit #407: Sunny 503-square-foot studio with full size kitchen; $579,999
- Unit #601: Two-bedroom, one-bath, 938-square-foot unit featuring a private balcony and underground direct access garage parking spot; $1,200,000
- Unit #302: Highly desired two-bedroom, two-bathroom corner unit with an oversized private balcony, floor-to-ceiling windows with an abundance of natural light, an underground garage parking space, storage unit and 972 square feet of living space; $1,299,000
- Unit #610: Upper floor two-bedroom, two-bath, 1,096-square-foot corner unit with an oversized private balcony and courtyard view overlooking downtown Boston; $1,395,000
Following the success of Sepia, another condo building called Siena Condos at Ink Block is being marketed now pre-construction, adding to the development’s unique spectrum of living opportunities. Similar to Sepia, though, which sold out pre-opening, the condos at Siena are expected to sell quickly, too.
I’m so excited by the lifestyle opportunities in this area of the South End… it’s really going to be bustling in a couple of years with the Ink Block community at its center. Let’s talk if you’d like to learn more.