Hammond’s Melinda Sarkis is Buyer’s Agent for Second-Highest Back Bay Condo Transaction within the Past Year for $7,118,051

Favorite

1391461850BOSTON, MA – David Stenberg, manager of Hammond Residential Real Estate’s Boston offices located in the Back Bay, Beacon Hill and South End neighborhoods, is pleased to announce that agent Melinda Sarkis was the buyer’s agent in connection with the sale of No. 6 Newbury Street – Unit 502, the second-highest condominium transaction in Boston’s Back Bay neighborhood within the past year.

1391462196Designed by CBT Architects and located above the prominent Chanel retail store at the intersection of Newbury and Arlington Streets, No. 6 Newbury Street is a rare collection of six spectacular homes that are currently under construction. When complete, each of the boutique building’s units will feature custom top-of-the-line finishes and appliances. Located just steps away from Boston’s Public Garden, No. 6 Newbury Street has been designed to reflect the elegance, excitement, and sophistication that is synonymous with the Chanel brand.

Melinda Sarkis was the buyer’s agent for the sale of Unit 502 at No. 6 Newbury Street, a 5,600 square foot shell space which recently closed for $7,118,051.18. According to MLS data, the sale of Unit 502 was the second-highest condominium transaction in Boston’s Back Bay neighborhood during the past year, exceeded only by the sale of Unit 601 within the same building for $7,965,000. No. 6 Newbury Street was recently highlighted in Candace Jackson’s Wall Street Journal article “Small Buildings with Big Prices,” where she noted that luxury boutique condos in smaller buildings are increasingly sought-after, with individual units selling at penthouse or mansion price points.

Manager Dave Stenberg said, “Ownership at No. 6 Newbury Street is a tremendous opportunity that affords private, luxurious living within the heart of Boston, which is recognized as one of the world’s major cultural centers. Melinda is a longtime Boston resident and top producer who knows the city inside and out. I have no doubt that her boundless enthusiasm for Boston and her commitment to providing her clients with world-class service contributed to this significant transaction.”

About Hammond Residential Real Estate

Hammond Residential is headquartered in Chestnut Hill, and has three Boston locations and fourteen suburban branch offices. The company reports over two billion dollars in sales volume annually, ranking in sales volume among the top 500 firms in the United States, and as the sixth-highest in mean average sales price and the ninth-highest in sales volume per sales associate. Hammond is well-known as the publisher of the region’s finest magazines featuring local properties for sale, and is an independently owned and operated franchise company within the Real Living Real Estate franchise network. Hammond’s Back Bay, Beacon Hill, and South End offices are also the exclusive Regents representatives of the Luxury Real Estate network.

To learn more, please visit www.HammondRE.com.