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Articles Recently Tagged: 201 Folsom

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Reductions, Rent and a Harsh Reality Part Two

Reductions, Rent and a Harsh Reality Part Two

As we outlined back in October: Purchased for $1.650 million in July of 2016, the 1,366-square-foot, two-bedroom unit #7E in the Lumina tower at 201 Folsom Street, an interior facing unit with “peaceful garden views,” returned to the market priced at $1.899 million in 2019 but was withdrawn from... Read More »

Reductions, Rent and a Harsh Reality

Reductions, Rent and a Harsh Reality

Purchased for $1.650 million in July of 2016, the 1,366-square-foot, two-bedroom unit #7E in the Lumina tower at 201 Folsom Street, an interior facing unit with “peaceful garden views,” returned to the market priced at $1.899 million in 2019 but was withdrawn from the MLS without a sale having... Read More »

Apples-to-Apples Versus The Index for a Luxury One-Bedroom

Apples-to-Apples Versus The Index for a Luxury One-Bedroom

Purchased for $1.245 million in May of 2018, the 876-square-foot, one-bedroom unit #23D in the Lumina tower at 201 Folsom Street, “the most premier residential building in San Francisco,” returned to the market listed for $1.299 million in May of this year, a sale at which would have represented... Read More »

Apples-to-Apples Versus The Index for a Luxury Two-Bedroom

Apples-to-Apples Versus The Index for a Luxury Two-Bedroom

Purchased for $1.945 million in April of 2018, the two-bedroom, two-bath unit #27B in the Lumina tower at 201 Folsom Street, which “exemplifies urban luxury,” with high-end finishes and city views, returned to the market listed for $2.099 million in February of 2019. Subsequently reduced to $1.999 million while... Read More »

Penthouse Shells Finally Trade, One Intended as a Flip

Penthouse Shells Finally Trade, One Intended as a Flip

Originally priced at $11.495 million, to which a $1.55 million “buildout incentive” was subsequently attached, prior to a series of outright price reductions, the sale of the 5,700-square-foot penthouse shell #41A atop the LUMINA tower at 201 Folsom Street has finally closed escrow with a contract price of $6.0... Read More »

Penthouse Shell Dropped Over 40 Percent

Penthouse Shell Dropped Over 40 Percent

Priced at $10.495 million in September of 2019, a subsequent $1.55 million “buildout incentive” failed to move the 5,223-square-foot penthouse shell #41B atop the LUMINA tower at 201 Folsom Street and the list price for the “spacious dual level corner home…that offers unique potential and 270 degree views” was... Read More »

Luxury View Condo Drops $700K Despite Bay Area Trend

Luxury View Condo Drops $700K Despite Bay Area Trend

Purchased for $5.3 million in January of 2018, the nearly 2,700-square-foot unit #39B atop the Lumina tower at 201 Folsom Street returned to the market priced at $5.998 million in October of 2019, a sale at which would have represented total appreciation of 13.2 percent since the end of... Read More »

A Premier 3-Bedroom Drops Over a Million Bucks

A Premier 3-Bedroom Drops Over a Million Bucks

Measuring nearly 2,700 square feet, the three-bedroom unit #32B near the top of the Lumina tower at 201 Folsom Street was priced by the sale office at $5.385 million in mid-2017 and ended up selling for $5.25 million in August of 2018. The “premier” unit – which is outfitted... Read More »

Luxury One-Bedroom Marked to Market, Down Over $200K

Luxury One-Bedroom Marked to Market, Down Over $200K

Listed for $1.15 million three months ago, the sale of the 851-square-foot, one-bedroom unit #16H on the 16th floor of the Lumina tower at 201 Folsom Street, which features “panoramic views,” wide plank hardwood floors, Siematic cabinetry, Gaggenau & Bosch appliances, custom closets, and a parking space in the... Read More »

Another Luxury Two-Bedroom Slips Below Its 2016 Price

Another Luxury Two-Bedroom Slips Below Its 2016 Price

Purchased for $1,697,171 in July of 2016, the 1,401-square-foot, two-bedroom unit #6G in the Lumina tower at 201 Folsom Street, with “an ideal floor plan,” “great light,” a private balcony, and two full baths, returned to the market priced at $1,975,000 in September of last year. Reduced to $1,925,000... Read More »