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REALLY Expensive Real Estate…Like $35,000,000

Twenty-nine fifty Broadway sold “off market” last month for $35,000,000.
2950BroadwayFacade
[Photo Source: SocketSite]
As reported on SocketSite today:
“Hidden behind non-disclosure agreements and tax records stamped “DO NOT FILM,” you’re not supposed to know about the sale of 2950 Broadway which was purchased for $29,500,000 in 2011, remodeled a little last year, and very quietly sold off the market last month. But now you know. And you’re about to know the record setting sale price as well.
With a sale price of $35,000,000 (roughly $3,182 per square foot) and $875,000 in transfer tax confidentially paid, 2950 Broadway has just displaced 2840 Broadway to become the most expensive single-family home ever sold in San Francisco.”
Wow…and some people will wonder and cry foul that it never hit the MLS.


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alexclark

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