Savvy shoppers snapped up 35 new loft-style condominiums at bargain basement prices at a Sunday afternoon auction.
Although the auction of the unsold units at the 1850 Lofts in the South End generated an eye-popping $11.2 million in sales, it appears that the weekend shoppers benefited, too.
For example, a two-bedroom, 1,115-square-foot home on the building’s fourth floor sold for $426,000, a 29 percent discount off the unit’s original price.
Read More: Boston Herald South End Condos
