Harlem real estate continues to amaze me. Development continues even though the entire world feels like a quagmire, with the exception of Manhattan real estate. Look at this building in Harlem on the corner of 110th Street and Manhattan Avenue, which was an abandoned lot! It’s going up so fast and there’s not very many apartments left-unless one has a million dollars. Look at One Morningside Park’s listings! All that’s left to purchase are apartments for $1.2 to $2.2 million. And there’s no guarantee those million dollar apartments have Central Park or Morningside Park views. My guess is those apartments with great park views went first.
With this apartment building going up in this former abandoned lot, can we all agree now that Harlem is one expensive place to buy real estate? Long gone are the days of reasonable apartment deals in Harlem.
Posted in 110th Street, apartments, commercial real estate, Harlem, Harlem bloggers, Harlem blogs, Harlem commercial real estate,, HarlemGal, Morningside Park, real estate
Tagged 10026, 110th Street, Apartments, Harlem, Harlem bloggers, Harlem Blogs, Harlem Real Estate, HarlemGal, Manhattan real estate, one morningside park, real estate
We have more Harlem real estate news to report. HarlemGal Inc received a news release recently announcing that Vornado Realty Trust has “completed the previously announced sale of a parcel of land known as Harlem Park located at 1800 Park Avenue (at 125th Street) in New York City for $66 million…” The sale was finalized in the last 48 hours.
With the sale of 1800 Park Avenue completed, we can all now assume that the previously reported plans to develop this area will now move forward. According to several online reports, “Bruce Eichner is planning an 80/20 residential project at the Harlem Park site. Eichner has been in the midst of an architectural competition for the planned development at 1800 Park Avenue and 125th Street.”
Posted in 125th Street, commercial real estate, Harlem, Harlem bloggers, Harlem blogs, Harlem commercial real estate,, Harlem real estate,, HarlemGal, New York, New York City, NYC, real estate
Tagged 1800 Park Avenue, Bruce Eichner, Harlem, Harlem Park, Harlem Real Estate, HarlemGal Inc., Park Avenue., Vornado Realty Trust
Another apartment building in Central Harlem has been renovated and is now on the market for sale. The last building we talked about was on 115th Street and FDB. This week we learn that the seven-story, mixed-use property located on the corner of West 112th Street and Frederick Douglass Blvd (2070 Frederick Douglass Boulevard) is for sale through Eastern Consolidated for $9.75 million.
According to a news release, Eastern Consolidated “is marketing the recently-renovated 15,000-square-foot elevator apartment building in Harlem, which was gut renovated and with new construction of the two top floors in 2007- consists of 16 units, which are mostly two and three bedroom units, as well as two retail stores on the ground floor.”
Interested in more information about acquiring the property? Contact Adelaide Polsinelli at Eastern’s Midtown offices at 212 499-7700.
Posted in apartments, commercial real estate, Frederick Douglass Blvd., Harlem, Harlem bloggers, Harlem blogs, Harlem Restaurant Row, Harlem restaurants, HarlemGal, real estate
Tagged 2070 Frederick Douglass Blvd., Apartments, Eastern Consolidated, Frederick Douglass Blvd., Harlem, Harlem apartments, Harlem Real Estate, real estate
There is signage up at the recently renovated Harlem building located at 2126 Frederick Douglass Blvd. that says apartments for rent by CitiHabitats. When I went to the website to view the listing, I only saw 5 Harlem apartments listed and get ready for this…the apartments listed range from $4700 for a 4 bedroom/2bath to $4000 for a 3 bedroom/2 bath.
I find that rent to be pricey however, this part of Harlem has experienced the most growth in the last couple of years, it’s known as Harlem’s restaurant row and its nestled between two big parks, ie Central Park North and Morningside Park. If I had to bet, my guess is CitiHabitats will probably get the rent they are asking. What do you think? Is the rent reasonable for these Harlem apartments or “too damn high” as the saying goes?
To view the listings of rental apartments at 2126 FDB in Harlem, go here.
Posted in 116th Street, apartments, Central Park North, food, Frederick Douglass Blvd., Harlem, Harlem blogs, Harlem commercial real estate,, Harlem real estate,, Harlem Restaurant Row, Harlem restaurants, Morningside Park, real estate, restaurant row, restaurants
Tagged 10026, 2126 Frederick Douglass Blvd, Apartments, apartments for rent, citihabitats, commercial real estate, Frederick Douglass Blvd., Harlem, Harlem Blogs, harlem restaurant row, morningside park, real estate, rental apartments, restaurant row
A residential building with street front commercial space is finally being built at 2272 Frederick Douglass Blvd in Harlem. I use the word finally because this area in Harlem, which was once an abandon lot, construction had started a few years ago and then suddenly stopped-probably due to the 2008 financial crisis is my guess. Now its clear from the scaffolding and signage at the corner of 120th Street and FDB, construction work is well underway.
According to signage on the construction site, the building will have 8 floors and consist of 41 units. PropertyShark states 36 of the 41 units will be residential units. No word on whether this building will be condo or rental! So stay tuned.
Posted in commercial real estate, Harlem, Harlem blogs, Harlem commercial real estate,, Harlem real estate,, real estate
Tagged 10027, 2272 Frederick Douglass Blvd, Apartments, Harlem, Harlem commercial real estate, Harlem Real Estate
Several news outlets are reporting that Ichiro Suzuki, an outfielder for the Yankees, hit a home run in the rental market by renting an apartment at 111 Central Park North in Harlem. According to SportsGrid.com, Suzuki “is on the cutting edge [by moving to Harlem]. Everyone in New York knows that Harlem is the new Williamsburg.”
Curbed.com, The Real Deal and Business Insider all say that Suzuki is paying $23,500 a month for his new swanky pad that overlooks Central Park, not to mention he cut time off his commuting. Harlem is much closer to Yankee Stadium. The Yankee baseball player was living on the Upper Eastside prior to moving to Harlem.
The best part of this story is that the Japanese-born professional baseball player reportedly beat out Derek Jeter and A-Rod, who were considering buying the same place for a cool $9 million. Ahh, ya gotta love competition on and off the field!
Posted in 110th Street, 111 Central Park North, apartments, celebrities, Central Park North, Harlem, Harlem blogs, Harlem businesses, Harlem real estate,, New York, New York City, NYC, real estate
Tagged 10026, 111 Central Park North, baseball, Central Park North, Harlem, Harlem Blogs, Harlem Real Estate, Ichiro Suzuki, professional baseball, professional baseball player, Sports, transportation, Yankee Baseball
Neil Patrick Harris, actor, singer and currently a Harlem condo owner, is looking to buy a brownstone in Harlem. How do I know this? Neil Patrick Harris said it on Twitter yesterday tweeting “he’s looking to buy a brownstone in Harlem. Figure someone on Twitter might want to sell. Any takers?”
I’m sure there might be a few takers. He could also ask Marcus Samuelsson for some pointers. He just scored a Harlem brownstone.
But why doesn’t Mr. Harris just go to StreetEasy.com? I see several Harlem brownstones there listed for $1.5 million to $3 million, which should be no problem for Neil Patrick Harris. He’s been making the big bucks since he was a child TV actor.
Hope this little blog write-up helps with your search. And by the way Neil, we are from the same state, i.e. New Mexico! Good luck with your search! I hope you find the Harlem brownstone of your dreams!
Posted in celebrities, Harlem, Harlem blogs, real estate
Tagged @actuallynph, celebrities, Harlem, Harlem brownstones, Harlem Real Estate, Lifestyle & Entertainment, marcus samuelsson, Neil Patrick Harris
The Commercial Observer reported last week that Tribeca Pediatrics is opening up a branch in Harlem. Tribeca Pediatrics signed a 10-year, 2,500-square-foot lease at 2111 Frederick Douglass Boulevard in Harlem, which most of us know as the 99 cent store.
The reason for the upscale facility coming to Harlem? According to Douglas Elliman’s retail group team Faith Hope Consolo, who represented both the landlord, Tahl-Propp Equities, and the tenant in the transaction told National Real Estate Investor that “just as Starbucks is a marker for an emerging neighborhood, a sophisticated pediatric clinic is a sign it has arrived. This now coveted corner is transitioning from a 99 cents store to a cutting-edge medical facility for children.”
To learn more about Tribeca Pediatrics, visit their website.
Posted in business, commercial real estate, Community, education, Frederick Douglass Blvd., Harlem, Harlem blogs, health and wellness, kids, New York, New York City, NYC, personal care, real estate
Tagged children, commercial real estate, commercial real estate in Harlem, Harlem, Harlem commercial real estate, Harlem Real Estate, health and wellness, Kids, kids health, pediatrics, real estate in Harlem, Tribeca Pediatrics