Friday, July 9, 2021

DWELL: PRICE INCREASE AT FAISON FIREHOUSE



Harlem Bespoke:  The Faison Firehouse Theater and the adjacent lot had a contract out at the end of June 2020 when the price was reduced to $10 million and then went back on the market with a noticeably upgraded $14 million asking.  The price in the past year was set at  $12.7 million but now has switched brokers and pricing has returned to $10 million $11 million.   As previously mentioned, the 29-feet-wide facade was originally a Beaux Arts firehouse which has been converted into a performance theater and living space over the years. As previously noted, this is one of the highest price points in the neighborhood so a developer might end up purchasing the unique property.  Express trains at 125th Street are only a block away and the FDB commercial corridor is also short walk from the location.  More details on Streeteasy: LINK

HarlemBespoke.com 2021

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