Um, no. An unrenovated SRO, five stories or not, on South Oxford Street for $2,500,000 in this market? Don’t think so. There’s some nice detail left and, according to the listing, 6,000 square feet of space, but given the headaches and delays associated with the SRO status and the time value of money, we think the sellers of 52 South Oxford Street are going to have to come down in price to get a deal done, especially given the unfortunate facades of its two neighbors (both of which serve as useful reminders of the importance of landmarking).
52 South Oxford Street [Clinton Hill RE] GMAP P*Shark