Friday, October 10, 2014

DWELL: 535 MANHATTAN AVENUE HAS SOLD

The lot at 535 Manhattan Avenue by 122nd Street has finally sold presumedly around the $995K asking price.  This was the only empty lot on one of the best brownstone blocks of  South Harlem but the higher asking price for a 15-foot parcel seemed a bit steep but somehow currently makes sense.  We are just now hoping that a nondescript skinny tower with cramped balconies does not arrive here when a new building finishes up!

1 comment:

  1. Had heard that these empty lots can't build as far back as the preexisting neighboring structures due to new fire regulations; if so, wouldn't that mean the owners build taller instead?

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