Move-ins at 120 Lexington Avenue

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120 Lexington Avenue is a bit of a mystery to us. The six-unit, Scarano-designed project was started during the boom but then sat empty and almost done for a couple of years before the developer tried to unload it at the end of 2008 for $2,300,000. That price proved to be to rich, and a bottom-feeder picked it up for $1,487,500 in July of last year. There’s no current information about the property’s status on StreetEasy, but last weekend we saw people starting to move in. We’re assuming it’s a rental now, even though there’s still a sign for condos in the window. Anyone know any details? GMAP

By Brownstoner |