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Millennium Tower: Resale Prices Starting to Drop

Was: $1,499,000
Now: $1,424,000
You Save: $75,000

On the market for sixty-five days, this 2-bedroom, 2-bathroom, 2-parking condo on the 22nd floor of Millennium Tower is still the cheapest (ok, least-costly) unit in that complex currently on the MLS. We're going to to assume this resale's competing with unsold units available through the building's sales office, where pockets are (presumably) deep enough to drop their trousers and still maintain a modicum of dignity in closing a sale, and the current owners reportedly paid $1,381,250 in June 2009. In that form of marketing apartheid developers use to spread risk, the building's divided into three categories- "City Residences", "Residences" and "Grand Residences". This one's near the top of the "Residence" range, altitude-wise, with the larger, swanker "Grand Residences" starting on the 26th floor and the "City Residences" in the low-rise building, more loft-like with open plans. 22G is a good-looking condo with nice baths, an attractive kitchen with a hanging pot rack screaming out for some copper sauté pans, high ceilings, and a view southwest over what is about to become a magnificent construction site- the TransBay. Apparently no apartheid applies to the building's legendary amenities, and one of the things we like best about Millennium Tower is that potentially, you never have to leave the building. Blogger Heaven.
· 301 Mission Street, 22G [Redfin]
· Millennium Tower [Millenium Tower SF]