Mysteriously High Price on Grand Avenue
Here’s a stumper right in our own back yard. According to Property Shark, the brownstoner at 354 Grand Avenue sold in December for a whopping $1.9 million. Even if this were one of the larger-scale brownstones on the next block this price would seem quite high. But this is a 13-footer across from a row of newish row houses lacking the charm that the neighborhood is known for. If accurate, there must be some development twist to the purchase. As far as we can tell though, the property is not contiguous with any larger lots or buildings. It also falls just outside the Clinton Hill Historic District line. Any theories?
GMAP P*Shark
Feb 06, 2012 | 12:32 PM