August 24, 2006
Cashing Out At 200 Townsend?
Five units in 200 Townsend hit the market on Tuesday (two of which are already pending). All the same broker, all the same agent, all the same pictures, and most making reference to their “first time on the market!” Perhaps the developer (or an investor) has decided it’s not such a bad time to take some money off the table? Regardless, a fair number of choices if you’ve had your heart set on living in the 51 unit building.
∙ Listing: 200 Townsend #1 (1/2) - $679,000 [Pacific Union]
∙ Listing: 200 Townsend #6 (1/2) - $825,000 [Pacific Union]
∙ Listing: 200 Townsend #10 (1/2) - $759,000 [Pacific Union]
∙ Listing: 200 Townsend #13 (1/2) - $635,000 [Pacific Union]
∙ Listing: 200 Townsend #17 (2/3) - $899,000 [Pacific Union]
First Published: August 24, 2006 11:34 AM
Comments from "Plugged In" Readers
What's going on here? is there a speculator dumping all his units?
Posted by: DesignGuy at August 24, 2006 2:35 PM
Not just here. There are speculators dumping units all over the city now. And the worst is yet to come. I'm excited! Wish I could fast-forward a year or two in the real estate market!
Posted by: Sexy & Sassy in SF at August 24, 2006 7:22 PM
"sale pending" my 4$$ Someone should call the BBB on the realtors with their fake pending gimics
Posted by: jeebus at August 24, 2006 8:22 PM
Is S&S implying that OneRincon and Infinity are loaded with speculators? Or are they holding units in currently available buildings, and ready to open the flood gates...
Posted by: Anonymous at August 25, 2006 10:50 AM
Let the flood begin ...
Posted by: Sexy & Sassy in SF at August 25, 2006 12:40 PM