The Central Harlem two family brownstone at 215 West 137th Street just went into contract with only being on the market for a couple of months. The 19 foot wide, 4,000 square foot, 4 bedrooms, 3 bath, gut renovated townhouse, which includes an owner's triplex, has one of the most rich looking renovations (with original details) that we have seen in quite some time and many might even think that the interior is over-renovated for the surrounding area. The asking price was $2 million which would also have folks speculate that the property would sit on the market for a while, but a buyer came along sooner than later. The location is two avenues over from any subway lines but the garage that is included on the property probably makes that particular logistic a non-issue. The block between FDB/8th Avenue and ACP/7th Avenue is also lesser known but is indeed one of the most complete brownstone streets to be found in all of Harlem. House photo by Ulysses
The Central Harlem two family brownstone at 215 West 137th Street just went into contract with only being on the market for a couple of months. The 19 foot wide, 4,000 square foot, 4 bedrooms, 3 bath, gut renovated townhouse, which includes an owner's triplex, has one of the most rich looking renovations (with original details) that we have seen in quite some time and many might even think that the interior is over-renovated for the surrounding area. The asking price was $2 million which would also have folks speculate that the property would sit on the market for a while, but a buyer came along sooner than later. The location is two avenues over from any subway lines but the garage that is included on the property probably makes that particular logistic a non-issue. The block between FDB/8th Avenue and ACP/7th Avenue is also lesser known but is indeed one of the most complete brownstone streets to be found in all of Harlem. House photo by Ulysses
Whoa, what do we have a here? A brownstone in "North Harlem" selling for close to 2 million dollars? 137th street? That can't be real. Where are all the haters? The doubters?
ReplyDeleteSo mine on 128th bet 5th and lenox should go for way more.
This won't move at $2MM. Its not about hating, its about facts. A seller can ask for anything, but price sold is a different is the fact. Nevertheless, this looks like a great reno.
ReplyDeleteAnon 12:39,
ReplyDeleteBS.
This home certainly sold for 1.7 or more. I will eat my words if it hasn't (Ulysses, please post it when you have the #s). I passed by several neighborhoods today all around NYC and none were as beautiful. Furthermore, its convenience to all parts of the Tri-State area us unparalleled.
$1.7mm is not crazy for a nice renovation on a good block ... people forget how expensive nice renovations are. To take a place that needs significant work and restore original detail costs a million bucks. Yes, you can do a cheap gut for $500k, but that's ripping out original details and going cheap on the fixtures.
ReplyDeleteMy experience in Harlem has been that people under-renovate rather than over-renovate. So many of the renovations I have seen have been shoddy jobs that destroyed orignal detail. Places with nice renovations have gone quickly (e.g., 19 West 120th). It's the places where corners were cut on the renos that have taken longer to sell - 111 West 122nd is an example. Not turnkey at all ... floors are cheap, etc. It makes sense when you think about - why pay for a place that's renovated if it's not done well?
This area is constantly improving. It is near Striver's Row and the St. Nicholas Historic District, not to mention beautiful St. Nicholas Park which has an amazing dog run now.
ReplyDeleteOriginal details may not be to everyone’s taste but they certainly command a higher price. Whether these expensive restoration projects are financially worth the investment remains to be seen. However if the owner has the resources, I believe it is well worth the effort to bring these wonderful homes back to their former glory. This kind of restoration can be achieved quickly at great expense with skilled contractors or slowly over time at much lower cost by a handy home owner.
ReplyDelete$2MM is a stretch, but $1.7MM is likely and very possible. And Yes please post the contract price....lol...realtors are funny.
ReplyDeleteLoving that kitchen!
ReplyDeletethis is an amazing house in pristine condition, renovation is perfect.does anyone know who the original architect for the property might be? we hope to be your new neighbors sometime this summer.
ReplyDelete