Units Nearly Half Sold At Mid-Market's Newest Condo Building

Mid-Market’s newest condo building, Studio 1075, is selling units quickly. As of late March, Encore Capital Management’s property had sold about 50% of its units and was on track to sell out by the fall, according to real estate marketing and sales firm SagePoint, formerly Level Four Advisors. The 90-unit, eight-story building at 1075 Market St. was completed in February.

Units have been selling in the high-$500K range for studios and starting at $700K for one-bedrooms and the low-$1M range for a two-bedroom unit. Unit size ranges from 400 SF to 1,100 SF. Amenities include a lobby attendant, a virtual doorman, Luxer One package lockers, a rooftop deck with barbecue and lounge seating, a dog run and dog-washing station, 8K SF of ground-floor retail and bike storage and maintenance.

The project was designed by Levy Design Partners and the contractor was Build Group.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Bugatti Lends Brand To 60-Story Miami Condo Tower

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Stanford Pursuing $100M Fund For A 2M SF Expansion

Dublin BTR Had A €1B Summer

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

DFW Multifamily Distress Creates Opening For Investors As Development Slows