Wednesday, November 14, 2012

☞ DWELL: 116 West 124th Street Townhouse

Things might just be looking up for 116 West 124th Street these days since it just had a price increase to $1.69 million. The 3-family, 19-foot wide building has just renter's grade finishes to it, is on a funky block which has a Christian bookstore along with a clinic nearby and faces a huge garbage strewn lot.  So why has this townhouse increased its asking price from almost $500K from a year ago?  That said littered lot will become Harlem's first Whole Foods within 2 years time and located right by the express 2,3 train.  Note also that the next door building has had permits up for renovations. More details can be found on Streeteasy: LINK

1 comment:

  1. Three meth clinics on this block. Looking at the ass-end of whole foods does not create value. Price increase has more to do with the broker than anything else. Willie. Btw - no cellars in these houses...

    I think it's worth $1.1.