2601 Broadway
It’s not yet listed on the MLS, but as a few plugged-in readers and tipsters alike have noted, 2601 Broadway has been repainted, repriced and returned to the market.
2601%20Broadway%20Kitchen.jpg
Listed for $15,500,000 in 2009, asking $12,800,000 today. The nearly 10,000 square foot former Decorator Showcase Home (Miss 2000) features four car parking and a “newly remodeled gourmet kitchen finished in marble with professional quality appliances” and “a luxurious master suite with newly remodeled, spa-inspired bathroom.”
∙ Listing: 2601 Broadway (7/7) – $12,800,000 [davidbellings.com]
Decorator Showcase Miss 2000 Officially Hits The Market On Broadway [SocketSite]

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Comments from “Plugged-In” Readers

  1. Posted by tipster

    Apparently, $12M is the cutoff for piston chairs.

  2. Posted by Joshua

    ^ hahaha! i was just commenting to demand my LEM piston stools.

  3. Posted by astonished

    For 12+ million this property should have its own website with tacky backround music!

  4. Posted by CameronRex

    Don’t take tipster’s bait Sparky….
    Nice place. Might even be worth the price. But for $12 million I could move to Paris, buy a fabulous flat live very comfortably on the leftovers for the rest of my years.
    [Editor’s Note: Bait and response since removed. And with JimBobJones we’ll agree.]

  5. Posted by Charlotte

    Is that the picture of the kitchen? Is that all of it?

  6. Posted by JimBobJones

    Man, tipster, I realize that sparky-b might be related to your favorite person to snark, but was that necessary? I thought sparky’s comments re: lowering ceilings on the Noe place were extremely helpful, along with the additional commentary on neighborhood processes.
    [Editor's Note: Agreed. And now back to the property at hand...]

  7. Posted by ***

    For 12+ million this property should have some much better photos.

  8. Posted by Joshua

    but seriously, $12.8MM at ~7500 sq ft. $1700 psf? really???!!!???
    [Editor's Note: "Approximately 9744 square ft (per appraiser)."]

  9. Posted by Joshua

    ^ silly me. i forgot to add the premium for being located next to a school.

  10. Posted by tipster

    Joshua, I think they added the top floor and it doesn’t show up in the stats. The top floor looks like one giant dormer wrapped around the tiniest remnant of a peaked roof. More like 10,000 square feet.
    For the record, my post was intended to be humorous. Sparky knows full well not to remake a Broadway street house the same way you’d remake a Sunset or Noe house. Besides, I said that *I* would hire sparky to do such a thing, not that sparky would propose it.
    I think sparky contributes greatly, and I VERY much appreciate every one of his posts, including all of those from yesterday, and NoeArch, though he contributes to this site too, was a little too harsh in his responses. I understand the disagreement: some people are good at the practical, and the economy has changed and made that more valuable.
    However, NoeArch knows what can be done, knows that it’s only somewhat more expensive, and the result is better. But I think the developers are trying to minimize the price points right now, and so there is a different attitude. They also need to minimize their risk. Adding an extra 3-6 months in a declining market is not something a rational business person is going to do: it can make the difference between project success and project failure.
    I didn’t see the posts removed by the editor above, but they weren’t mine. Keep contributing Sparky. Keep contributing NoeArch, but be a little bit nicer to the people who actually contribute like Sparky.
    You can be as mean as you want to me, though. I even complemented you-know-who (I don’t want to say his name for fear he’ll come back) a couple of times when he hit me with a particularly good snarks.

  11. Posted by tipster

    I assume this is the last $12M home on the planet with a visible TV antenna on the roof.
    Someone in a $12M house who is too cheap to get cable is my kind of guy.

  12. Posted by John

    Is that a TV antenna?
    It could be a lightning rod.

  13. Posted by tipster
  14. Posted by Ronald

    Am I the only one who thinks this place is kinda hideous? Like an overdecorated hotel lobby?

  15. Posted by Lori

    I was in this home when it was Miss 2000. It’s a solid home, well built and spacious. My only comment would be that you really need to live mostly on the top floor to enjoy the views. I don’t recall the views being from “almost” every room.

  16. Posted by John

    On the Mapjack photo, you can also see a satellite dish on the roof.
    So it seems that they use satellite but use the antenna for local channels.

  17. Posted by noearch

    @tipster: thanks for your positive comments on how I work. I do know what needs to be done, it will be more expensive, and the result will be better.
    I’m sorry if some commenters seem threatened by my confidence. My intention is never to come off arrogant or snobbish. But it takes an incredible amount of work and experience and exams to become a licensed architect. I’m very proud of my profession.
    But I simply do not compromise quality and thoroughness on a project, simply because of a rough economy right now. I have had clients ask me to “do it cheaper” or cut some corners. Unfortunately, I have terminated my agreements with clients like that.
    But I will call people (or ideas) out when I see incompetent work or “cheap” ideas. It is disingenuous to the client. And in many cases results in call backs to the site to fix what should have been done right in the first place.
    Not every potential client hires me. Those that do understand my passion for the success of a project, how I approach it, and what it will cost.
    That’s just how I work.

  18. Posted by fancy rental

    loool @ architect divas

  19. Posted by radar

    Ditto on most of the comments on this house. The house was way overpriced at $15mil and just overpriced now at $12mil. This should be under $9 mil. to sell.

  20. Posted by sleepiguy

    There are more photos online now that it’s on the MLS… I’m actually a fan and honestly, I don’t think it’s that much overpriced… I wouldn’t put it under 10. It’s a big house in (I think) move-in condition. There’s really not much else out there that size that doesn’t need a lot of work. I think it’s maybe 10% over its selling price.

  21. Posted by Conifer

    Still on the market 12.8

  22. Posted by lol

    10Ksf X 850 = 8.5M
    The sucker-for-the-place-and-will-pay-anything premium is almost gone from uber SF.
    Once that reality sets in, they’ll sell.

  23. Posted by Conifer

    Of course painting all the dark wood white, the walls gray, and staining the floors very light appeals to a certain crowd, and excludes people who like houses that look as the architect intended.

  24. Posted by tipster

    Didn’t sell. BOM same price.

  25. Posted by eddy

    Reduced: $11,950,000

  26. Posted by eddy

    In Escrow.

  27. Posted by SocketSite

    2601 Broadway has fallen out of escrow and is once again active and available for $11,950,000.

  28. Posted by eddy

    New VT:
    http://player.vimeo.com/video/32280870
    Seems everyone is Pincus Hunting! LOL

  29. Posted by SocketSite

    After 348 days on the market, reduction, and new virtual tour, 2601 Broadway has been withdrawn from the MLS without a reported sale.

  30. Posted by Denis

    Redfin reports this as sold for 11 million.

  31. Posted by Eddy

    So much for the rule on being forced to disclose sold price on mls. Seems all you have to do is just with way the listing. What a joke.

  32. Posted by eddy

    Actually, looks like they did slip it back on the market to update the close price. Sneaky. :)
    MLS#: 393656

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