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
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
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Oh, I hope they do a nice job of fixing this up. It could be a grand building once again.
ReplyDeleteYes, Sanou's Mum. Nice, vibrant area and a beautiful block of townhouses.
ReplyDeleteActually, 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.
ReplyDelete