Thursday, October 3, 2019

DWELL: 389 CONVENT AVENUE STILL ON MARKET

Harlem Bespoke:  The lowest priced Harlem townhouse currently available has been reduced multiple times since last fall and has now been up for sale for just over a year.  Number 389 Convent Avenue arrived on the market for the asking price of $1.39 million back in September, then the fixer-upper had been reduced to $1.25 million in December and by the end of January went down slightly to $1.2 million. When June rolled around without a confirmed buyer, it appears that the historic home just had one more price cut to $1.18 million. Apparently this landmark address just north of 146th Street is not an SRO and has been used a single-family home in the past but now is basically a shell.  The listing mentions that the interior can not be viewed because of poor conditions so this might be one of the risks involved for potential buyers.  Other than that, the express train entrance at 147th Street and St. Nicholas Avenue is only a couple of blocks away, so the location is ideal for commuters.  More details and contact information can be found on the broker site: LINK

HarlemBespoke.com 2019

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