Another shell located on the block just east of Lenox Avenue has sold this year. Number 47 West 126th Street (at center) has been boarded up the past few years and it looks like the building was originally sold back in 2007 for $1.75 million. The 20 foot wide, 4-family house did not appear to have much happening to it except a Lis Pendens filed in the past couple of year. There are quite a few neglected shells and lots on this stretch of 126th Street but the final closing price of $360K is probably a good investment since the house is around the corner from Lenox Avenue's 125th Street hub. A neighboring building at No. 67 sold in March under similar circumstances for $499K so maybe the street will start turning around soon in the near future:
LINK
No comments:
Post a Comment