829 Folsom, a 69-unit boutique building on a great block of Folsom, across from the Yerba Buena Center, has five units in contract. Their studios start at $399,000. Their 1BRs start at $524,000. Their 1BR+Den start at $589,000.

 In order to qualify for FHA financing programs, the project can only release a certain number of homes at a time. Right now they only have published pricing are on the 1st through 4th floor.  Since 2BR units start on the 5th floor, they have yet to set pricing for those larger units.

When I toured 829 Folsom, I was impressed by the finishings. The baths in particular were wonderful with big, deep tubs.  The kitchens often have islands and always feature thick granite countertops.

The other advantage of the building is the location. This address is set in the heart of the only true walking district South of Market, with easy access to the Westfield Shopping Center, Metreon Movies, MOMA, Yerba Buena Gardens and Art Center, and a multitude of restaurants.

 All prices are negotiable. No one is allowed to reveal what the current properties in contract sold for, but a typical response to any inquiry is “Bring us an offer!” For more information, call 415-577-0809.

This entry was posted on Saturday, June 20th, 2009 at 8:09 am and is filed under New Construction. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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