Discover more from FOUND NY
Uptown triplex living
REAL ESTATE • Townhouses
It may still feel like an uncertain real estate market in New York City, but last month’s data from Olshan — which tracks luxury ($4m+) transactions — marked June 2023 as the second-best June in sales volume since the firm started keeping records nearly 20 years ago. (All-time best: the pandemic-fueled June of 2021.)
Two multi-family townhouses helped this year’s cause. In Harlem, at 34 Mount Morris Park West, a triplex owner’s apartment (above) shares space with three rental apartments on the fourth and fifth floors; the entire building asked $5.9 million, with all units delivered vacant. At 620 West End Avenue on the Upper West Side, another owner’s triplex also includes 10 units that can be rented out for residential or commercial use, with six of the units coming vacant. It asked $4.25 million. Deals on both buildings closed last week.
→ 34 Mount Morris Park West (Harlem), 8BR/6BA multi-unit townhouse, 5925 SF (entire). Asking price: $5.9 million. Monthly taxes: $756. Days on market: 49. Listing broker: Shina Amwar, Compass.
→ 620 West End Avenue (Upper West Side), 6BR/12BA, 7540 SF (entire). Asking price: $4.2 million. Monthly taxes: $8,700. Days on market: 210. Listing brokers: Richard Pretsfelder and Sophie Smadbeck, Leslie Garfield.