Purchased for $2,442,000 in June of 2007 but then “remodeled by the current owners,” the list price for 1100 Union #300 has been reduced to $2,695,000 after 111 days on the market at $2,995,000.
And as a plugged-in reader notes, the list price for the Stanley Saitowitz designed Marquee Lofts #702 has been reduced to $1,365,000. Purchased for $1,400,000 in November of 2004 and once asking $1,800,000 (197 days ago).
∙ Listing: 1100 Union #300 (2/2.5) – $2,695,000 [sfproperties.com] [MLS]
∙ Listing: 151 Alice B. Toklas Place #702 (2/2) – $1,365,000 [Alain Pinel] [MLS]
∙ Insert Your Head Here (From The Terrace Of 1100 Union #300) [SocketSite]
∙ Name Dropping Hollywood Style: Marquee Lofts #702 [SocketSite]
I think this is starting to get a bit compelling for the right buyer. This would sell in a minute at $1.2 so I suspect that it could get there at the current price. The nabe is the real killer. 608psf isn’t too bad a price.
The unit at 1100 Union definitely has an old-world sensibility. There’s a second (smaller) elevator leading to the laundry area and the kitchen for the “help”. It wouldn’t do to have them entering through the main lobby.
On another note, the quality of the listing materials draw a sharp contrast with those for the unit at 845 Montgomery, which rightfully took a lot of critism in yesterday’s comments. It shouldn’t be that hard to present a flyer with appropriate and attractive photos and a meaningful description written in standard english.
1100 Union is a co-op, not a condo.
[Editor’s Note: Good point and headline changed.]
In Escrow – 151 Alice, #702.
The listing for 1100 Union #300 has been withdrawn from the MLS without a sale.