Things might just be looking up for 116 West 124th Street these days since it just had a price increase to $1.69 million. The 3-family, 19-foot wide building has just renter's grade finishes to it, is on a funky block which has a Christian bookstore along with a clinic nearby and faces a huge garbage strewn lot. So why has this townhouse increased its asking price from almost $500K from a year ago? That said littered lot will become Harlem's first Whole Foods within 2 years time and located right by the express 2,3 train. Note also that the next door building has had permits up for renovations. More details can be found on Streeteasy:
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Three meth clinics on this block. Looking at the ass-end of whole foods does not create value. Price increase has more to do with the broker than anything else. Willie. Btw - no cellars in these houses...
ReplyDeleteI think it's worth $1.1.