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> The San Francisco units will rent for $1,595 a month. I was wondering about this pricing. I pay the same amount for a 850 square foot apartment in Upper East
by grayrest 15y ago
> The San Francisco units will rent for $1,595 a month.
I was wondering about this pricing. I pay the same amount for a 850 square foot apartment in Upper East Side Manhattan (83rd and 1st so a 10 minute walk from the 4/5/6 but still...). I started reading with the thought "I'd pay ~$800 for that if it was decently located".
I split an apartment in Cole Valley SF in 2006-7 and think we were at ~$1800 for a two bedroom but it was a pretty crappy apartment for the area.
- hack_edu 15y agoYes, this is way higher than a studio over twice this size would be in the building next door. Not sure what value they claim to be adding... But, prices are up >15% since you were here. You can thank the explosion in population of and increased income of the demographic that reads this very site.
- Drbble 15y agoThat's half the price of every similar Manhattan apartment I have seen. That is a DC price, not an Upper East Side price. Long term rent control?
- grayrest 15y agoIt's a small/non-doorman building and I got it in late 2009 and the landlord had just remodeled, had a number of vacancies in the building (coincidence, not a building problem) and really wanted to rent it. I got a good deal on it but I've talked to other people in the area with similar apartments in the $1800-1900 range. If I were closer to Central Park or the river, the price goes way up.
- Drbble 15y agoOr when the new 2nd Ave subway is finished...
- grayrest 15y agoThought has occurred to me but I'm looking forward to this! Will be neat to be able to go from home to work without actually walking a full block at either end. Pretty sure one of the 86th street entrances is coming up on my block because they dug a ~40 foot deep hole and have a giant white truss sitting on my corner.
- fennecfoxen 15y ago$1800 will get you only a 1 bedroom in Cole Valley these days - and not even a nice one. Tech Bubble 2.0 and all that. Anything on the east side of the city is through the roof, really, especially if it's a nice neighborhood like Cole Valley or Duboce. Moreover, as soon as Facebook goes IPO everyone expects alllll the Noe Valley homes to get bought up by the new millionare types. But you can still get a good 2BR in the Inner Sunset or the Inner Richmond / north of the Panhandle (near USF) for the low-to-mid $2000s, and it will easily be five times as big as this place. You can do even better in the outer mission or Ocean View / Taraval (near CCSF), and quite fine in the southwestern corner by the main UCSF campus. Mission Bay students have it a little harder if they're not in on-campus housing - perhaps somewhere in the Bayview? Of course, Mission Bay campus is a short walk from the Caltrain depot, as well, and the transfer to a streetcar from BART is doable. I still suspect that apartment is for PARTYING PARTYING every night and living the Bohemian lifestyle where you're mostly in your place to sleep and occasionally study. Their parents are paying for it. The price premium is because "we can easily sell this to the rich parents who are only in town a short period of time".