Surprisingly, a few units (including a penthouse) have closed as of June and July along with several contracts out as noted on Streeteasy: LINK. Prices appear to have been chopped over 10% on the 6 units that have closed completely and 3 are currently in contract. There's 26 units altogether so there's still some ways to go. Common charges are around the mid $500's on average depending on the size of the unit and selling prices seem to all be in the mid $500 per square foot range for the moderate sized condos. This block adjacent to the Mount Morris Park Historic district is definitely on the shabby side still but has obvious potential since it mostly consist of classic townhouses. So does this mean the price is finally right for this new Harlem development? www.WindowsOn123.com.
Check out the old wood frame houses that used to be on this lot decades ago in our past post: LINK.