2036 Fifth Avenue this week since the house was asking for a record price and now the papers have reported that the Central Harlem brownstone has sold for $4 million. The substantial townhouse located just north of 125th Street was asking for $3.99 million and had been in contract for the past few months. As the article suggests, this really is a price that trendy brownstone neighborhoods such as Park Slope in Brooklyn are used to and this new record is just indicative of the demand for brownstones uptown.
What the article does not really reflect on is that Harlem is still a vibrant, multi-cultural neighborhood while Park Slope has turned into the typical demographic for a gentrified neighborhood. As Harlem continues to change, folks should not expect a version of Park Slope but probably a diverse brownstone neighborhood such as Fort Green is a better comparison.
Read more about this record selling house in the Daily News: LINK