The latest sign of a real estate boom in Harlem? A record-setting townhouse sale.
A Queen Anne-style townhouse at 208 Lenox Avenue has sold for $4.59 million, setting a record for Central Harlem, according to the Wall Street Journal. The sale was also the second most expensive for a townhouse throughout all of Harlem.
Bruce and Holly Brittain bought the building in 2010 for $825,000 and rebuilt it themselves. Holly, a licensed architect and associate broker with Rutenberg NYC, also designed the restoration and listed and sold the house herself.
The renovations included restoring the façade, adding a rear balcony and roof deck, installing new floors and installing wood-framed windows. The Journal identified the buyer only as an investor.
Harlem had a strong 2017, setting records at one-to-four-family townhouses for price per square foot, average price (just over $3 million) and median price ($2.44 million).
Additionally, a penthouse at the northwest corner of Central Park sold for $7.24 million at the end of November, which was the highest price paid for a Harlem condo since 2008, and a townhouse at 2001 Fifth Avenue rented for $21,815 per month earlier this year, which sources said set a record for the neighborhood. [WSJ] – Eddie Small