Two different buildings live inside this 618 foot tower. Floors 2 through 32 are rental apartments under separate branding, and the condominiums begin on the 33rd floor and continue to the top. The glass massing steps as it rises, which is why the tower changes shape as you look up from the street.
488 Folsom St · Transbay/East Cut, San Francisco
Worth knowing first. Only the homes from the 33rd floor up are condominiums. Floors 2 through 32 are rental apartments under separate branding.
What has actually sold here
30 closed sales in The Avery in the last 24 months, the most recent in August 2026. 75 in total since 2016. That is enough closed activity to read this building with reasonable confidence.
Median price per square foot
$1,746South Beach: $1,087
Median HOA dues
$2,391 a monthSouth Beach: $1,327 a month
Median days on market
28South Beach: 33
Cash buyers
21 of 30sales where financing was reported
Closed San Francisco MLS sales through 2026-09-10, compiled by me from my own market database. Medians, not averages. HOA dues are those reported at the time of each sale and may have moved since. The neighborhood comparison covers condominiums only.
The Avery in San Francisco. The faint dots are the other new developments in this directory.
What I would ask about The AveryAsk precisely how entrances, shared systems, amenities and costs are divided between the rental floors and the condominium floors, because floors 2 through 32 are rental apartments under separate branding.
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Building details compiled from the building's own site, the developer's
or architect's project pages, the general contractor, and San Francisco Planning records,
last reviewed August 2026. Anything unverifiable was left out. Deemed reliable but not
guaranteed. Not legal, tax, or financial advice.
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