Thursday, May 12, 2016

DWELL: 550 WEST 149TH STREET REDUCED

An SRO townhouse at 550 West 149th Street in Hamilton Heights arrived on the market in late March at $3.5 million but one month later has been reduced to $2.975 million.  As mentioned previously, this  17-foot-wide SRO has a lot of incredible original details and is located on a decent block by the bustling Broadway corridor but will basically have to be converted into a single-family which will require additional financing.  A certificate of non harassment is apparently in place but even at the reduced price point, one can still pretty much get a fixed up home in Harlem with a more desirable layout.  More on the broker site: LINK

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