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Tuesday, March 20, 2012

PriceChopper: Identity Crisis at the SOMA Grand

× Like us and you'll find top breaking news in your Facebook newsfeed. Sign up for our daily email newsletter and get top stories and breaking news delivered to your inbox. Thursday, March 15, 2012, by Sally Kuchar Was: $1,998,000
Now: $1,888,000
You Save: $110,000

This SOMA Grand condo is being described as a "dazzling Philippe Starck-style top floor corner penthouse," and we would really like to know how Philippe Starck would feel about having his unique and innovative style associated with this property. The 2-bed, 2-bath, 1,660 square foot "penthouse" last sold in in January of 2010 for $1,145,000. Why did it get plopped back on the market for almost a million more bucks? "$800K+ (per owner) custom designer finishes." Which we hope you rip right out upon moving in. This place is averaging $1,137 per square foot, which almost doubles the neighborhood average of $663. Pair that with the monthly HOA dues of $851.38 and we think this condo might have another price chop in its future. 2-car parking in the garage is included in the sale.
· 1160 Mission Street, #2313 [Redfin]


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