Monday, June 29, 2009
☞ DWELL: 168 West 123rd Street Brownstone
This shell brownstone (far right, with exposed windows) on the border of the Mt. Morris Park historic district will need about another $400k to get it back into shape, so the current asking price of $795K could use some adjustment. The property has been on the market for seven months now, and the usual price reductions happen after six. The building is also on the narrow side at 15 feet wide. Otherwise, the block is in a decent, central area that is in walking distance of 125th Street, historic Mt. Morris Park and the newly developed FDB neighborhood. The 2,3 express train at 125th Street is also the closest station and will get one to midtown in 15 minutes.