Broadway Towers at 1998 Broadway: two closings this year at $1,801 a foot, above its 2019 high, with a 2024 buyer out at plus 37 percent in 30 months

Broadway Towers sold two condominiums this year and both were resales that gained more than a third. Two closed at 1998 Broadway between January 1 and October 15, 2026, against three in the same window of 2025; $4,150,000 of volume against $5,060,000. The median sale is $2,075,000 and the median price per square foot is $1,801, against $1,580 last year, and above the $1,628 of 2019, the building's high in any year with five or more closings; on two sales the figure is the per-foot price of one unit.

That unit is #405, a 1,360-square-foot three-bedroom that closed at $2,450,000 on September 30 after seven days; it was bought in April 2024 for $1,788,000, so its owner gained 37 percent in 30 months. #1201, a two-bedroom with no square footage on record, closed at $1,700,000 on July 29 after 73 days; it was bought in February 2019 for $1,250,000, up 36 percent in seven years. The median listed sale took 40 days to contract, and one of two went inside two weeks. The record on this site begins in October 1981.

The building dates from 1964, 82 units with a door attendant, a common roof deck and assigned garage parking; dues on a two-bedroom run $1,680 a month and cover cable, internet, earthquake insurance and water, and #805, a 1,390-square-foot three-bedroom last sold for $1,100,000 in 2017, was asking $3,000,000 this autumn, $2,158 a foot (listing, #1005; Redfin, #805).

2026 so far, against the same window in 2025

Closings at Broadway Towers between January 1 and October 15, 2026, set against January 1 to October 15, 2025. Days on market is median days from listing to contract on MLS-listed sales; "under 15 days" counts how many of those went into contract inside two weeks.

Year by year

Every recorded closing at Broadway Towers since October 1981, by calendar year. 2026 runs through October 15, 2026. Days on market is available for MLS-listed sales from 2020 onward.

The building's highest median price per square foot in any year with five or more closings was $1,628 in 2019 (5 closings). 2026 year to date stands at $1,801.

By bedroom count, 2025 against 2026

Every closing in 2026

All 2 closings through October 15, 2026, highest price first. Square footage and days on market are as recorded on the MLS; county-recorded transfers that never listed show no days.

Paired resales

Units that closed in 2026 and had a prior recorded sale in the same building. The change is gross, before any improvements, fees or carrying costs.

2 of these resold above the prior price, 0 below.

Broadway at Laguna, the Gold Coast

The tower stands at Broadway and Laguna on the north side of the street, with the Hamlin School at 2120 Broadway on the next block and the Schools of the Sacred Heart in the Flood Mansion at 2222 Broadway two blocks on; Sherman Elementary is three-tenths of a mile away and the Union Street shops three blocks north (Wikipedia; Wikipedia); Redfin, #805). Around the corner on Webster, The Pacific's 4,084-square-foot unit #1 closed in January 2026 for $14,813,333, the largest condominium sale in the city this year (Handel Architects).

Four blocks west on Fillmore, the Blue Bottle at 2455 Fillmore closed for a remodel in August 2025 and Miette opened at 2252 Fillmore in September; four blocks east on Polk, Lord Stanley closed and the Jupiter Room is going into its space (Hoodline; What Now SF; SF Standard). No AI office of any size is within walking distance; the office figures in the paragraphs below describe SoMa, three miles east.

The timetable that every South of Market building now sits inside is the public-offering calendar. Anthropic filed a confidential draft registration with the SEC on June 1, 2026, a week after a funding round that set its valuation at $965 billion (TechCrunch). As of this week the Standard reports the Anthropic listing has been pushed to November, after the midterms, that OpenAI's has moved to 2027, and that Anthropic is weighing a lockup longer than the usual six months (SF Standard). The same piece carries a Redfin estimate that current and former OpenAI and Anthropic employees could in theory buy close to a third of the metro area's homes with their proceeds, and the counter-argument from UC Berkeley's Enrico Moretti and the Bay Area Council's Jeff Bellisario that the money is concentrated in fewer hands than past booms and that these firms create fewer jobs per dollar because so much goes to data centers rather than headcount. The record in this report ends on October 15. None of it reflects a single share that has been sold.

Two citywide facts frame every building figure here. First, the office recovery is lopsided: CBRE put Q3 2026 vacancy at 27.7 percent citywide, down 6.6 points in a year, but Avison Young splits that into roughly 12 percent for Class A and north of 31 percent for Class B, and a Presidio Bay executive told Bisnow the headline number is misleading for that reason (Bisnow). Second, the condo market is still digging out: the Chronicle's May analysis found that only eight Bay Area ZIP codes showed inflation-adjusted condo gains over the year, all of them in San Francisco, and that Noe Valley's typical condo remained close to $400,000 below its 2019 level in real terms (SF Chronicle).

How this was counted

Two records feed this review. The MLS layer is one row per listing and carries days on market and square footage. The county layer reaches back further and catches transfers that never listed, but records the same closing once per data source, so the two were merged on unit, date and price and each closing kept once. Below-market-rate units and transfers under $300,000 are listed but excluded from every median. "Same window" means January 1 to October 15 of each year. Nothing here is a valuation of any unit, and nothing here is advice.

Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272