We wanted to catch up with301 Bryant Street, one of SoMa's earliest (1998) and best new-construction condo projects. Most of the units are two-bedroom, two-bath, with one or small balconies, with the exception of two units on the first residential floor, which have large terraces. The first four levels of the building are garage and office space, so the first floor is technically the fifth. Views of the bay have been blocked by the Watermark and there's still what seems like years of retrofitting and replacement to come on the adjoining Bay Bridge.
â?The only unit currently available, #704 has been on the market for 88 days, and the price has dropped from $1,110,000 to $925,000, or about 16%.
â?#103 has gone into escrow, supposedly at $1,150,000. It's current tenure on the market has been 76 days, but it's actually been on and off since December '05, where it started out at $1,395,000. #103 has open sky views over SoMa and a large terrace, and is shielded from traffic noise.
â?#101 went from $1,048,000 to $998,000. Alas, after 116 days on the market, it was withdrawn unsold. makes one wonder about mortgage rates- and absorption rates- in SoMa.
· 301 Bryant #704 [Amanda Jones, TRI Coldwell Banker]
· 301 Bryant Street #103 {Mike Suyeishi, Pacific Union]
· 301 Bryant Street, Not Selling [Curbed SF]