Monday, August 8, 2011

☞ DWELL: 218 Lenox Avenue in Contract

Another Mount Morris Park Historic District  building on Lenox Avenue's mains strip has gone into contract relatively quickly.  Number 218 Lenox Avenue at the corner of West 121st Street was first up on the market back at the end of May and now has gone into contract this past July according to Streeteasy: LINK.   A tipster advised that the  21 foot wide, 3-family corner townhouse with the commercial rental space at the ground floor is in contract at the current asking of $1.75 million in an apparent all-cash deal.  This 3-family home with a renovated 4,804 square foot of interior space is pretty much rental grade and all-cash transactions often procure a lower sales price.

2 comments:

  1. may be rental grade on the inside but it's a stunning beauty on the outside.

    Hope the new owners are good to it.

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  2. Sounds like a steal at $1.75mil!

    ReplyDelete