This is for artists and private visitors, not so much a business place. Close to central train station and just a walk across the river to the museum embankment. Located near central stations means red-light district, run-down area and lots of suspicious-looking people around. But don't be afraid, it is not actually dangerous, just needs to get used to. I stayed twice in a room with private bath, but the shared bathrooms are amazing as well - as large as a standard hotel room.

I adore the Nizza, with its turn of the century (19/20th) appeal, huge shared bathrooms, and friendly staff. (They offer private baths as well).

The Nizza is very close to the bahnhof and offers a generous breakfast; large, clean rooms; and a sort of Turkish design inspired gemutlichkeit that I adore.

I have booked rooms there with ten friends a summer or two ago and will stay there again next year. You have to appreciate the rakish natuire of the near-Bahnhof neighborhood, but it is convenienmtly located to the Museumsufer and Sachsenhausen. A great value.

If you have any bohemianism in your soul, stay at the Hotel Nizza. You'll love it.