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Welcome to Brick Underground’s luxury pick of the week, a feature spotlighting a condo, co-op, or townhouse for sale with an asking price of at least $3,000,000, the current entry threshold for luxury apartments in Manhattan. If you’re in the market for a high-end abode, you should know that while sales have slowed considerably over the past couple of years, that trend is starting to reverse as sellers come to grips with the new market reality and adjust their prices accordingly. It's good news for your wallet—just be aware that many luxe listings won’t linger on the market indefinitely. For more information, check out Brick Underground’s tips on buying a luxury apartment in NYC.
A luxury townhouse is a more private way of living in the city, compared to a condo or a co-op—you’re not sharing a lobby or amenity spaces—or dealing with a board. But you also don’t have building staff on hand if you need help with packages or repairs.
This townhouse at 32 Mount Morris Park West is in a historic part of Harlem and with 7,000 square feet, it has a lot of room to spread out—including room for your own staff, if you wanted. It is 27 feet wide and there are five bedrooms and seven bathrooms.
The townhouse was built in 1909, and has lots of historic detail, such as decorative molding and ornate fireplaces. It’s asking $9,900,000 and has been on the market for almost two months. Monthly taxes are $1,517. At this price, it’s the most expensive townhouse on the market in South Harlem, according to StreetEasy—far above the average sales price for a townhouse in Harlem, which is $2.29 million, according to Leslie J. Garfield’s Townhouse Mid Year Review, but lower than the average sales price for a townhouse on the Upper East Side ($14 million).
The lower level currently has an apartment that is being rented out, which a new owner could use for a nanny or live-in housekeeper. (Keep in mind the townhouse needs a two-family C of O in order to rent out an apartment—it's not clear that this building has the right C of O.) And the townhouse next door, 33 Mount Morris Park West, an identical but unrenovated twin, is on the market for $5,400,000, with taxes of $958 a month.
There is hardwood flooring, large windows, and a skylight.
The kitchen has granite counters and high-end appliances.
The seven bathrooms have modern baths and showers as well as up-to-date vanity finishes.
One of the baths has a tub smack in the middle of a room with big windows—not for the shy.
The bedrooms appear large and have fireplaces. The master has a walk-in closet. (There’s no floor plan with the listing).
Outside is a landscaped, private backyard. There’s also a roof deck.
The house is a few doors from Marcus Garvey Park and two blocks from busy 125 Street, where you will find a Whole Foods and the 2 and 3 trains. Nearby are famed restaurants Sylvia’s and Red Rooster, and the Apollo Theater.