Thursday, May 20, 2021

DWELL: 296 MANHATTAN AVENUE IN CONTRACT

Harlem Bespoke: The 7-family townhouse at 296 Manhattan Avenue arrived on the market last June for an eyebrow-raising $5.995 million, then had the asking reduced to $4.995 million one month later and then again later on to $3.995 million which finally hit the sweet spot.  All things considered, a contract out this past week is a definite sign of buyer confidence in the neighborhood. At the height of the market a couple of years back, $5 million was the maximum any brownstone was selling for north of 110th Street and those had really expensive restorations.  Also a lot of higher end house seekers are looking for single-family or more simpler layouts.  With all that said, this location facing Morningside Park has one of the most spectacular views to be found uptown and is also just a couple of blocks away from the bustling FDB commercial corridor.  More details, photos and contact information can be found on Streeteasy: LINK 

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