99 – 105 Broad Street
Boston, MA 02110
Boston Neighborhood: Financial District
Status: Construction Complete (Resale Only)
Number of Units: 44
Price Range: $267,500 – $630,000
Concierge Building: Yes
Description: Broadluxe is a new nine-story mixed-use property in the heart of the Financial District at the intersection of Franklin and Broad Streets. Designed by the Boston firm of Melton Ferre Associates, Broadluxe artfully combines elements of original 19th-century mercantile architecture with a stylish, new contemporary glass and steel addition on floors 7, 8, and 9. The effect is at once familiar, but intriguing, balanced in scale but set firmly in the 21st century. Broadluxe is an elevator building, with anywhere from 2 to 7 units per floor, with each unit having its own basement storage space. There is no onsite parking, deeded parking is available via the Folio building across the street, or there are rental options in the area.
Loft-style condos at Broadluxe range anywhere from 540 square foot studios, up to the dual three-bedroom 1,800 square foot penthouse units. Different ceiling heights impact pricing, whereby the 6th floor units typically have the most economical pricing based upon 8 foot ceilings.
The Broadluxe was taken to auction on June 21, 2008 at the nearby Langham Hotel, where 29 of the 44 units were sold (66%). Sales immediately following the auction were strong, in addition to resale units hitting the market. The price range of units above reflects condos that sold at auction, however, market value for units may be higher (especially the penthouse units and others on the top floors that were sold as roughed in).