The recent sale of a new Midtown condominium set a new record for price per square foot.
According to Engel & Völkers Atlanta, the residence at 40 West 12th sold for $2.8 million, or more than $1,000 per square foot — $200,000 over the asking price. The condo building is part of the 1105 West Peachtree mixed-use development, which is offering 64 for-sale residences priced from $1.1 million to $2.6 million and above. The property is being co-developed by Selig Development, a division of Selig Enterprises, and Rockefeller Group, which was founded in 1928 to develop Rockefeller Center in New York City.
The 2,547-square-feet unit, residence #1905, includes three bedrooms and three bathrooms and is “defined by understated luxury and high-quality finishes,” according to Engel & Völkers, which is handling sales at the property. The residence has an open floor plan and floor-to-ceiling windows.
Amenities of 40 West 12th include an all-season pool, a gym and outdoor living area, as well as a ninth-floor Sky Plaza outdoor deck that is shared with the other two components of 1105 West Peachtree, the Epicurean Atlanta hotel and a Google-anchored office tower.