Articles Recently Tagged: 425 1st Street

(13 posts)

7 Percent Under Asking But 24 Percent Under Its Closest 2008 Comp

In August 2008 the sales office at One Rincon Hill closed escrow on the sale of 425 1st Street #4705 for $796,000 ($1,121 per square) and 425 1st Street #5005 for $817,500 ($1,151 per square), contracts which were likely written in 2006. In October ’09 the sales office sold... Read More »

A Return To Reality For A One Rincon Hill “02” Stack Resale (#2202)

A Return To Reality For A One Rincon Hill “02” Stack Resale (#2202)

Priced by the One Rincon Hill sales office at $1,020,000 (not including any upgrades) on the first day of pre-sales in 2006, an upgraded 425 1st #2202 created quite a stir when it was resold two years later with a reported (and recorded) contract price of $1,300,000. A few... Read More »

One Rincon Hill Tower One: Floor Facts

One Rincon Hill Tower One: Floor Facts

For future (and perhaps current) reference, let’s get the facts straight with regard to the first tower of One Rincon Hill. The tower will rise fifty-five (55) stories above grade (not including the rooftop stabilizing water tank) with five (5) levels of parking below. Floors are numbered one (1)... Read More »