The sale of Evan Williams’ old Heublien Building Penthouse loft (601 4th Street #3P) closed escrow yesterday with a reported contract price of $1,250,000 ($697 per square).
Purchased for $1,500,000 in October 2006 and then remodeled, some might recall Mr. Williams’ “It’s a steal!” tweet when the loft was first listed for $1,498,000 ($835 per square). We aren’t aware of any real estate related follow-up tweets.
As we wrote when the adjacent penthouse (#2P) sold for $663 per square foot in February, “perhaps not a great comp for…penthouse number three directly next door.” The asking price for number three was reduced to $780 per square foot a week later.
∙ The Heublien Building Lofts (601 4th Street) [SocketSite]
∙ Hitting For The Heublien Building Penthouse Cycle (#PH3) [SocketSite]
∙ Year 2000-esque Penthouse Comp Atop The Heublien Building [SocketSite]
∙ Another Chance To
Buy “Steal” It For Even Less… [SocketSite]