The SRO building at 1990 Madison by 127th Street finally sold for $525K a couple of years back and now it looks like the renovated building is back up for sale. Looking at photos posted, old finishings such as linoleum floors have been replaced and the kitchens appear to be extremely renter grade. This block of East Harlem is right by the nicer section of Central Harlem but the new asking price of $1.9 million still seems a bit steep even for a 20-foot-wide building seeing that it appears to still be a rooming house. More details for this brownstone can be found on the broker site:
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Price seems high, to its credit it has a lot of square footage and loads of original details. This would make a nice three family, then the 1.9 million might be more justified.
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