New Build ICON Pulls Back the Covers and Gives Castro a Peek

ICON (2299 Market Street) Castro's newest boutique, high-end apartment/condo build on the long barren Noe, Market and 16th Street corner lot has pulled back the covers on its facade and let neighbors catch a view of what lies beneath its petticoats and how much it'll cost you for the pleasure of her company. The modern 4 story, 18 unit building balanced atop the new wrap around Bank of the West retail location, is pricey. When you do the math it works out to about 1000.00 a square foot for the lower end models that average between 600-700 square feet.

What does that translate out to exactly? The tease figures revealed are a sharp kick in the wallet. According to Curbed SF: Unit #302 is a 1-bed, 1-bath condo comes with 1-car parking. Monthly Home Owners Association (HOA) dues are $384.30 and it's gonna cost $739K. Three two bedroom prices are also listed. The least expensive is a 2-bed, 2-bath condo sans parking. Monthly HOA dues are $409.91 and it's being offered for $849K. The most expensive two bedroom (that's not a townhouse) is a 2-bed, 2-bath penthouse level condo including 1-car parking. Additionally there is the always present monthly HOA $427.34 fees and it's $1.119M. Of the townhouses, pricing for only one has been released at this point. Unit #504 is a 2-bed, 2.5-bath, 2-level townhouse  described as being on the penthouse level. It also comes with 1-car parking and has monthly HOA dues are $520.19-asking price? $1.599M. According to ICON's own press your hard-earned cheddar buys units that boast stylish open-plan living and dining rooms, spectacular European designer finishes, expansive windows, dramatic city views and a beautifully landscaped Zen garden. There won't be affordable housing offered at ICON. Developers opted to pay $5 million of in-lieu fees which goes to the SF Affordable Housing Trust managed by the City. Eventually that money will be directed to future affordable housing needs-perhaps in the Castro perhaps not-but won't offer relief for those who need it today.