Monday, September 9, 2013

☞ DWELL: 1990 Madison Increases Price

The brownstone at 1990 Madison by 127th Street sold for $525K a couple of years back, went up in price to $1.9 million earlier this year and now is asking for $3 million. This block of East Harlem is right by the nicer section of Central Harlem but for $3 million, there should be high end, designer grade finishes mixed in with lots of restored original details.  There is also the fact that the 20-foot-wide building appears to still be a rooming house but all certificates are apparently in place to alter it.  The sudden increase probably has to do with a certain notable actor buying a $3.6 million townhouse just a block away which has all of the required high end upgrades.  More details for this brownstone can be found on the broker site: LINK

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