Take a look inside the more expensive penthouse of the two. There's a market for this kind of high-priced living thanks to the city's population of high-earning professionals, many of which are in the tech sector. The Lumina offerings are just some of the luxury condo options in San Francisco, specifically in the "East Cut" neighborhood near the Financial District and the offices of tech giants like Salesforce, Facebook, and Google. So the build-out costs will come out of the buyers' pockets, meaning the prices involved to turn either into a living space could likely start at $12.5 million and $15 million respectively. According to SF Gate, build-out costs for either of the units could be north of $5 million. There was once a $1.55 million build-out incentive attached to each of the penthouses, but they've since been removed. He said there are plans and interior layouts available for the future buyers to choose from. But this price pruning could spell trouble for two noted penthouses wanting absurd amounts of dough: the grand penthouse at 181 Fremont, asking $46 million, and the upcoming penthouse at the Four Seasons tower, seeking $49 million."We believe that buyers interested in these spectacular spaces would prefer to customize their homes to their personal specifications to better match their specific tastes," Shannon said. Find MLS Listings Prices Sold History Amenities Strata Restrictions of Lumina 1. ![]() Of course, that’s still a mind-boggling sum of money, so it seems depreciation is all relative too. Lumina 1 - Waterfall by Thind - 2311 Beta Avenue, Burnaby. If both penthouses sell at the current asking, the combined price of roughly $17.5 million would represents a decline of more than 64 percent from the original ambitions. Last year’s $11.4 million listing for penthouse 41A was itself a price drop from previous years, and now it’s down again, as is neighboring 41B, which nows asks $7.49 million. Groupon is not affiliated with or sponsored by United SF Parking in. The result, however, was not one but two high-end East Cut condos that haven’t sold yet. Secure and affordable valet parking garage at the Lumina Condominiums in Rincon Hill. But evidently it made good business sense. Login Get Started Sectors Industrials Professional & Commercial Services Lumina 1162 Lumina Share Price HK0.13 0.00 0.00 Last trade - 00:00 Industrials Highly Speculative Micro Cap Neutral Market Cap HK78.00m Enterprise Value HK10.14m Revenue HK78. Instead, the sellers divided it into two homes-which on some level must have felt a bit like smashing a Han Dynasty vase, since this was meant to have been the most expensive condo sale in the history of the city and such a split meant dropping that dream. This is a luxury hi-rise building built in 2016 that is home to 656 condos. No, the unit hasn’t cut $40 million off its price in five years. Lumina condos are located at 201 Folsom Street in San Francisco, California. Even before it was built, headlines called Lumina the priciest building in San Francisco.īut as SFGate points out, this now $9.99 million penthouse is essentially the same one that dropped jaws back then. Once upon a time, the city marveled at the grandeur and audacity of Lumina’s most expensive home, a penthouse that sprawled over two stories asking the borderline plutonic price of $49 million in 2015. While prices sometimes fall, this price cut is deceptively larger than it seems. ![]() Anyone comparing the Sonus Faber Lumina III with, say, a Focal Chora 806 Sonus faber. The idea is that a deep-pocketed buyer will fill in the blanks once a purchase happens, which will happen at a comparatively more affordable price point. Im coming off a pair of SF Amati Homage speakers, which I love. lumina A collection of 3 posts Live As High Above The Rest Of The World As You Feel In This Planned Penthouse LUMINA Condo Residents Will Soon Have On-Demand. Note that this unit is a “shell,” meaning that the interior hasn’t really been built yet it sports 5,700 square feet, 18-foot ceilings, and killer views-and little else. Is luxury relative? Surely the soaring asking price for the penthouse 41A at Lumina-more than $9.99 million-has to be considered the acme of excess, being among San Francisco’s most expensive homes for sale.Īnd yet, that price represents a significant stumble for the unit, which this time last year asked more than $11.4 million.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |