Charles Lockwood once told us that he thinks South Portland Avenue is the best block of brownstones in the city. Which doesn’t mean you can charge $3.5 million for a brownstone yet, something the owner of #10 found out recently. Now on the market for $2,495,000, the five-story house with excellent details is probably in the range of where it will sell given that identical four-story houses on the block have gone for $2 million-plus. However, one commenter in the Forum noted that the upper floors of the house are chopped up into a “rabbit warren”–though that is something that can be easily and inexpensively remedied. From the photos, the interior appears to be in decent shape, but it looks like the same guy has owned the house for the last thirty years which usually doesn’t bode well for things like electrical and plumbing infrastructure, which are more expensive to fix that sheetrock walls. The listing on the heretofore unknown (at least to us) Harris Veilson website does describe the seller as motivated, so we’ll be interested to see if this moves quickly. We bet it does.
10 South Portland Avenue [Harris Veilson] GMAP P*Shark
$1 Mil Drop at 10 South Portland [Brownstoner Forum]