Tuesday, August 11, 2009

☞ DWELL: 110 West 123rd Street Brownstone


This Mount Morris Park brownstone on 123rd Street between Malcolm X/Lenox Avenue and ACP/7th Avenue has been on the market since last December, and some might wonder why it's taking so long to sell especially since the asking price has dropped about 30% in the last eight months. The location is on a tree-lined block and the building is quite handsome and not a shell. Facts that are questionable are the open lots on either side of the building and that the building is not vacant. For the current price of $899K ( reduced from $1.2 million), it still might be a good deal for the right type of buyer. Nearest subway is the 2,3 express on 125th Street.

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