Keep an eye on 2nd and Virginia. It will be a 34 story condo tower soon. We reported on the site back in June. Lynn Porter (DJC), just wrote a follow up piece on the timing of construction. The owner of the site, Continental Properties plan to start construction early next year. The article suggests that it still could be apartments, but we don't believe so. We believe … [Read more...]
East Facing City Views At Cristalla Changing Soon
News of a new Belltown development reported by the Daily Journal of Commerce will have an impact on East facing views at Cristalla. An entity related to Martin Selig Real Estate (a local real estate developer) has purchase a 3 parcel site at 3rd and Lenora. The plans call for a 31 story project featuring 158 residential units, and 291,000 square feet of office and … [Read more...]
The Condos You Can Rent For $5,000 In Downtown Seattle
Project: Gallery Location: Belltown Rent: $5,000 Bed/Bath: 2/2.5 One of the Penthouse units at Gallery offered at $5,000 per month. Private deck, corner location and Viking and Sub Zero appliances. Project: Cristalla Location: West Edge Rent: $4,200 Bed/Bath: 2/2 10th floor and the Southwest corner at Seattle's forever popular Cristalla. This unit comes with a … [Read more...]
One Year, Same Floor Plan, Condo Sells For $151,300 More
We were doing some market research this morning when we ran across an interesting storyline in Belltown involving Cristalla. In one calendar year (2013-2014), two identical floor plans just two floors apart from each-other sold at $400,000 and $551,300. Yep, a $151,300 difference within one year. Our team negotiated the sale of #710 in June of 2013 (Buyer). Then just 13 … [Read more...]
Good Value, 2 Bedroom Cristalla
Check out this 2 bedroom at Cristalla. It is a corner unit on the 15th floor. 2 bedrooms, 1.75 bath and 1,132sf. That comes in at $529psf. When using the cost per square metric, this looks to be a REALLY good buy. There have been 7 sales in the building this year - averaging $633 per square foot. With two, 2 bedroom units on the 16th floor and the 18th floor selling for $639 … [Read more...]
