East Harlem, Bed-Stuy on track to shatter records for priciest homes

March 27, 2017

The townhouse, in the Bedford Historic District, is in the Neo-Grec style.

A record is anticipated in East Harlem, and one is set in Bed-Stuy, for the neighborhoods’ most expensive homes.

Two neighborhoods that were once looked towards as refuge from New York’s soaring real estate prices have broken their previously-held records for priciest pads.

The first, in East Harlem, goes to a $3.6 million condo at 1399 Park Avenue, the 23-story building rising between East 103rd and 104th streets. While the sale has yet to close, the 20th- and 21st-floor duplex would have to sell at a considerable discount to fail to beat out the neighborhood’s current record-holder, a $2.24 million penthouse at 2132 Second Avenue. (A representative for Corcoran, whose brokers Julia Boland and Lyon Porter handled the Park Avenue sale, notes that buildings on Fifth Avenue from 96th to 110th streets aren’t included within the boundaries of East Harlem.)

Duplex 20/21A covers 2,615 square feet with a price per square foot of $1,377 given the $3.6 million asking price. The apartment comes with three bedrooms, two-and-a-half bathrooms, and finishes like Athens Silver Cream marble countertops; Thermador, Elica, and Bosch appliances; honed Vanilla marble and Eagle Grey limestone bathrooms; wide-plank oak flooring; and a Bosch washer and dryer.

In addition to the anticipated record in East Harlem, Brownstoner reports that the townhouse at 1 Verona Place in Bed-Stuy is the neighborhood’s newest most expensive home. The townhouse closed for $3.3 million, just over its $3.25 million asking price, last week. It bests the townhouse at 242 Gates Avenue, which sold for $3 million in late 2014, for the record.

Before hitting the market in January, the townhouse had undergone a gut renovation that brought it new kitchens and bathrooms—there’s a one-bedroom rental apartment on the ground floor—but also maintained several of the home’s original details. The townhouse, in the Bedford Historic District, is in the Neo-Grec style.