“Unheard of”: Corcoran broker suggests record $27M listing for two historic
Harlem townhouses

The asking price is five times the previous highest listing in the historical neighborhood

TRD New York /
Jan.January 10, 2019 10:00 AM

32 and 33 Mount Morris Park West (Credit: Corcoran)

A pair of adjacent townhouses in Harlem have been listed with a $27 million asking price — five times more than the neighborhood’s previous record.

“It’s unheard of,” appraiser Jonathan Miller told the Wall Street Journal, adding that there is usually no significant premium afforded to townhouse combinations.

Together, the combined buildings at 32 and 33 Mount Morris Park West, next to Marcus Garvey Park, span more than 18,000 square feet, including 50 feet of frontage. The homes are part of the historical Dwight Mansion, which was previously a compound made up of attached townhouses, which were reportedly built in the late 1800s

The previous record listing for a Harlem townhouse was a $5.1 million property in February 2018. According to the Journal, the average townhouse sale in Northern Manhattan was $2.054 million in the last quarter of 2018.

Owner Brad Linard reportedly purchased the first building in 2005 for $1.5 million, before conducting a $2.5 million renovation. That building alone had five bedrooms. In 2016, he purchased the building next door for $2.8 million, after his neighbor died. He listed the homes at $27 million at the behest of his broker, Siddiq Patterson of the Corcoran Group.

“The bones and the history is something you just don’t get” with similar Harlem townhouses, Patterson told the Journal.

In October, a penthouse at Artimus Construction’s Circa Central Park condo, on the northwest corner of Central Park, sold for $9.4 million, a Harlem record. [WSJ] — David Jeans 

Related Articles

From left: Jed Wilder, Bess Freedman, Richard Grossman, Josh Sarnell and Adam Mahfouda (Credit: Emily Assiran) 

Agents to StreetEasy: The fee is too damn high

40 East 72nd Street (Credit: Google Maps)

Nightmare on E. 72nd Street raises question: Are small condos risky?

Jed Garfield of Leslie J. Garfield; Richard Grossman, president of Halstead Real Estate; Sarah Saltzberg, principal broker and CEO of Bohemia Realty Group; Douglas Elliman’s Howard Lorber

NYC brokers slam bias, promise action after Newsday exposé

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

Zillow CEO Rich Barton (Credit: iStock)

Zillow and Opendoor aren’t making much on home-flipping

From left: The Blau and Berg Company's Karine Blanc, TD and Partners' Nana Duncan and Lemor Development Group's Kenneth Morrison (Credit: Blauberg, TD+Partners and Lemor)

Black developers say partnerships aren’t always equal

This week, the State Department of Taxation and Finance issued a new memo that notably made no mention of condos. (Credit: iStock)

Regulators quietly change stance on condos in LLC law

Realogy CEO Ryan Schneider (Credit: iStock)

Realogy’s plan to stop the iBuyers from gaining a foothold in Chicago