Wednesday, February 24, 2010
☞ DWELL: 4 West 126th Street Brownstone
The property on 4 West 126th Street might be on an apparently quite brownstone block but unfortunately, it is also next to the one of the biggest demolished lots in Harlem. To the right of the four story building is the lot that the new Applebee's restaurant is adjacent to. This open land extends from the 125th Street side into the 126th Street section and whatever was planned there doesn't seem to be coming along anytime soon. The house itself is basically a shell since the interior consist of exposed bricks and ceiling rafters and there aren't any windows or infrastructure installed. At asking the asking of $1.4 million, we are wondering if the brokers will get that price for a shell since homes that are fixed up are selling at that range these days. Another point is that it has been on the market for over a year so one would think that the prices would go down quite a bit to move the property.