Fifteen months and a million dollars later, the seller of 52 South Oxford Street is finally getting real. When the 6,000-square-foot brownstone hit the market in April 2008 asking $2,500,000 we had the following to say: “Um, no. An unrenovated SRO, five stories or not, on South Oxford Street for $2,500,000 in this market? Don’t think so.” According to the current listing, the “property has obtained a permanent exemption regarding the Certificate of Non-Harassment” and will be delivered vacant, which is good news for both the seller and potential buyer. Based upon the video (which is a very effective tool in this case) that the current broker has made, it actually looks like an amazing project for someone with patience and money. Fantastic bones. Who’s gonna go for it? The seller’s motivated!
52 South Oxford Street [Burkesworks] GMAP P*Shark
House of the Day: 52 South Oxford Street [Brownstoner]