Monday, August 30, 2010

☞ DWELL: 183 Lenox Avenue Sold in August

When the landmark, 19 foot wide, 4,139 square foot brownstone with a storefront at 183 Lenox and 119th Street went on the market six weeks ago, things looked pretty grim. The SRO building asking for $899K needed a lot of work and its status made the property available for cash buyers only. That buyer seems to have come along in a relatively short amount of time since the brownstone has been sold about a week ago (based on public records) for the price of $795K. Maybe the new owner can now get that great storefront up and going again. Who knew all cash buyers were still running around in this market? Photo by Ulysses

3 comments:

  1. Oh, I hope they do a nice job of fixing this up. It could be a grand building once again.

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  2. Yes, Sanou's Mum. Nice, vibrant area and a beautiful block of townhouses.

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  3. Actually, million dollar cash buyers are some of the only ones running around and purchasing these days. These types of cash buyers weren't really hit hard by the economy.

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