This new construction opened at $8.75 million in September and is down today to $7.450. I guess its value depends on how much someone appreciates being close to I-95 and the train. To me, 6,000 sq. ft (with I’d guess 2,000 of that underground) on 0.21 of an acre just doesn’t do it, no matter how beautiful the finish work.
But it does offer convenience, and the owner can always stroll down a few yards to the public dock to fish and brush up on his spanish with the limo drivers who hang out there. I mean, have you checked the cost of Berlitz these days?