Tuesday, January 29, 2013

☞ DWELL: 722 St. Nicholas Sold Lower

Number 722 St. Nicholas Avenue on Sugar Hill was reduced from $2.5 million last spring, then went down in price in price to $1.949 million and finally closed for $1.79 million.  The 18-foot-wide,  2-family building is located right by the express trains on 145th Street and close to a commercial hub within that retail corridor of Hamilton Heights but still did not reach the higher price points within the landmark neighborhoods.  Everything on the inside looks updated with some original details intact but the kitchen finishes appear to be on the more moderate end.  Contrasting neutral paint would have also highlighted the window moulding and fireplaces more dramatically in our opinion and might have helped out with this key selling point.  Check out interior photos on the broker site:  LINK

1 comment:

  1. I wonder whether it was sold vacant. The broker site specifies that it is an investment building, with tenants in place.