The spring selling season worked out for 5th On the Park at 1485 Fifth Avenue by 120th Street and a recent press release announced that high rise adjacent to the Mount Morris Park Historic district is now over 85 percent sold. After selling the most units in Harlem in 2011, the development has continued its impressive sales pace, selling 49 apartments since January – the majority of those taking place just in the last thirty days. The remaining units at 5th on the Park are comprised of spacious studios, one-, two-, three- and four-bedroom apartments, many with private outdoor space. The units range in size from 666 to 2,386 square feet and in price from $475,000 to $1,725,000. Immediate occupancy is available for purchasers. For a list of all available units, visit:
www.5thOnThePark.com.
Despite the unfortunate timing of coming to market in the great recession, Fifth on the Park has done remarkably well and added much needed diversity to Harlem.
ReplyDeleteThat's because the developer stayed true to his name even with a bankruptcy, and did not bail-out of his commitment and keep residents stranded like many other developers in Harlem.
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