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March 21, 2014

Onyx in Potrero Knows Its Target Buyers

onyx_livingroom

I guess it was only a matter of time before someone decided to build a condo development with the look and feel of an Apple store. Sharing its name with an OS X utility app and saturated in white, Onyx in Potrero Hill certainly knows its buyer demographic.

I visited Onyx this week on my broker tour, and I do like the finishes and the location within the neighborhood. Onyx will ultimately house 41 one-, two- and three-bedroom condos across three stories and two buildings. (The second building will rise at the corner of 17th and Carolina, and will be completed in Fall 2015.) The two-story lobby has white porcelain flooring and “signature, ONYX stone.” You may stop momentarily to look for the Genius Bar, but the best bet is to either head up the stairs or take the elevator to the second floor to check out the available units.

One of my favorites was #206, which faces 17th Street and has city skyline views from the living area and bedroom. That’s a 2BR/2.5BA unit with about 1237 square feet listed for $1,325,000. (Knock $40,000 off the price if you don’t want the parking.) HOA dues range from $383-$443/month.

Finishes include wide plank European oak floors with radiant heat, as well as built-in Liebherr refrigerators, Bosch dishwashers, Bertazzoni professional series gas cooktops, quartz countertops and high-gloss white cabinets by Barbosa:
onyx_kitchen

Bathrooms are large and have similar finishes:
onyx_bathroom2

onyx_bathroom

Other perks in Onyx include bike parking, storage lockers, a rooftop terrace with downtown and Bay views and elevator access to all levels. And oh, yeah–we can’t forget the CAT6 internal wiring, security system, and high speed internet access by Webpass.

Pricing for the first release of ten units ranges from $875,000-$1,325,000 with parking, and are averaging between $1,000-$1100/sq foot. Offers on these first ten units will be considered on March 25th.

As I mentioned earlier, the second building in the complex will be finished next year. That one will have outlooks onto Jackson Field and views toward Mission Bay. It will also knock out what outlooks exist to the north for a few of the units in the existing building, with an approximate distance of 20 feet between structures.

I like Onyx’s location, as It’s on a quieter street, but is only a block from Whole Foods, World Gym and is near many restaurants and services. You’re limited to bus lines around the immediate area, but Google shuttles stop nearby. Downtown commuters can hoof it a dozen or so blocks to the T line on Third Street in Dogpatch.

And if you’re seriously interested and would like your own agent representation, please give me a shout at 415.823.4656 / ebermingham@zephyrsf.com.

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