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Last month a tipster passed along news that the infamous, dilapidated townhouse on the corner of 7th Avenue and 2nd Street sold “in a closing that lasted all night.” Well, the sale just hit public records for the grand sum of $4.2 million. It’s listed as an eight-unit building. The former owners had this building in their possession for years and recently struggled with a long foreclosure battle. The buyers are under an LLC but the deed lists a Manhattan address that either leads to Sugar Hill Capital or New Holland Residencies. Both are real estate firms that work in Brooklyn, although Sugar Hill specifically acquires and repurposes multi-family building in New York. We can hardly imagine what kind of shape the interior is in. That’s a high price to pay, likely accounting for the amazing location.
Did 7th Avenue Wreck Finally Sell? [Brownstoner] GMAP


What's Your Take? Leave a Comment

  1. Yep, same two crazy characters. They used to actually live there. Meanwhile two board-ups at 14th St. bet. 6th and 7th have shown signs of work being done, first time in the two years we’ve lived nearby. We used to live around the corner from the crazy woman and insane daughter mentioned above.

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