Friday, July 30, 2010
☞ DWELL: 30 West 120th Street Brownstone
OPEN HOUSE: Sunday, August 1st, by appointment only. There was a lot of conversation happening when 30 West 120th Street first went on the market in April for $3.45 million. July saw a price reduction set for the property on the south border of Marcus Garvey Park and the 18 foot wide, 5 bedrooms, 4 full and 2 half baths, 4668 square foot building (apparently single family home) with 4 wood-burning fireplaces and HVAC system is now being offered at $3.1 million. A reader mentioned that it was Kareem Abdul-Jabbar's property but we could only find Point Dana Trust from Long Beach California behind the paperwork. Thoughts on the new-and-improved asking? Has anyone seen Mr. Abdul- Jabar around the Mount Morris Park Historic District? Contact the broker to set the appointment up: 212.531.7710. Facade photo by Ulysses
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Yes I have run into him on the street. He was very friendly and extremely tall.
ReplyDeleteYeah, I passed him a few weeks back when I was out running. I think he must have been coaching a school basketball team or something near Lenox & 119th. Geezer is massive!
ReplyDeleteWas it not in April when the Times reported the sale of 22 West 120th Street, owned by sculptor and designer Sandy Starkman. Starkman got $1.9 million for the house, which was asking $2.1 million (down from $3.4M).
ReplyDeleteHowever this is real estate, it's about reaching, evoking a emotion, waxing a narrative of "value" and hoping you can get one live sucker with sufficient means to bite. All it takes is one and a sucker is born every day, many wander into Harlem.
I have a similar place not too far away, and if this place gets anything close to $3M, I am putting my place on the market the next day!
Expect many many more chops.
ReplyDeleteHarlemOnMyMind, you are a moron. Stop pretending to live in Harlem and give up the act.
ReplyDeleteWill go for 2.85 million.
ReplyDelete@Chris - where did you get that number from? Its not from comp's in the area..
ReplyDeleteHarlembee, a direct personal attack with no contribution to the topic? tsk tsk. Born in Harlem Hospital (the old original), retired with properties in Harlem and live a stones throw off Lenox. On topic, this is $664/sq'? They're fishing for a cash buyer as I highly doubt you could get a conv. mortgage w/20% down @ $3M. I truly do not believe a bank would appraise this at $2.4M, and they know it.
ReplyDeleteJKA, I think comps are there to be made. HarlemOnMyMind, appraisals in Harlem are tricky. Agree though, it will take a brave bank to back it.
ReplyDelete