Officially withdrawn from the MLS in January 2010 after 1,400 days on the market at $65,000,000 then reduced to an unlisted $47,000,000 later that year, it’s a plugged-in tipster that notes the asking price for 2845 Broadway has been reduced to $38,500,000.
As we first wrote about the property in 2006:
Apparently the original two structures at 2845 Broadway sold for $32 million in November 2002, cost of construction to date is estimated to be $18 million, and the “Buzz among brokers” is that it will cost another $8-16 million to finish the property. Just to clarify, for $65M you won’t be getting any “interior walls, ceilings and finishes”.
It’s now five years later and $26,500,000 (41%) less but you still won’t be getting any of those walls or finishes in either the main home of 17,500 square feet or the guest house which measures a mere 6,000 squared, but you will now get a more complete peek inside.
∙ Listing: 2845 Broadway – $38,500,000 [2845broadwaysf.com]
∙ 2845 Broadway Is Withdrawn In 2010 After 1400 DOM At $65,000,000 [SocketSite]
∙ Save A Collective $21,700,000 On Hyde And Upper Broadway [SocketSite]