There’s more. If you look, 3 units (including 601 foreclosed in 2006). There’s a foreclosure deed for 3 units for 2.4M. In addition the person who purchased 601 for 1.4M took out a mortgage of over $2M. It could be likely that the unit was a shell and the owner put in alot of work. Why a mortgage higher than the purchase price..hmm??

I just looked into 485 Harrison #601. Here’s what I found out. First, the owner did purchase the unit for $1,400,000 on 11/10/2006 from the developer Harrison Loft Condo. At the time he purchased the property it was assessed for $2,180,000.00. The buyer purchased this loft for $370.00 per sq ft. It seems to me that the develper was in trouble, why else would the developer sell $1,000,000 below the assessed value? The unit end up sellling for $3,725,000.

Yes, your correct it was a nice score for the seller.

The address is 485 Harrison