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The Hamilton's Penthouse Hacks $525K Off its Price

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Was: $5,250,000
Now: $4,725,000
You save: $525,000

The Hamilton in the Tenderloin is a very fabulous Art Deco building that was converted from a hotel into condos in 1961, which was the first condo conversion in San Francisco. The majority of the building's units are quaint studios and one bedrooms that sell quickly, but unfortunately the penthouse has not had the same luck. It was originally listed way back in 2009 asking $4.5M, and was eventually delisted without a sale in 2010. It came back onto the market in early 2012 with a new look and a new asking price: $5.8M. The new decor didn't attract a buyer, so it was delisted again. It came back for more in April of this year, but still hasn't received an offer. Readers, what'll it take to find this penthouse a buyer?

· · Tenderloin Penthouse (Over) Compensates for Location With Decor [Curbed SF]
· The Tenderloin: Zombie Penthouse Returns, Now $5.8M [Curbed SF]
· 631 O'Farrell #2101 [Pacific Union]
· The Hamilton's Penthouse is Back on the Market [Curbed SF]

Hamilton Condominium

631 O'farrell, San Francisco, CA