Milbank Sale

252 Milbank Avenue, $4.9 million. Built in 2007, it was listed in December of that year at $7.750 (Ogilvy pricing), but that was on the eve of the crash, and didn’t sell until 2010, under a different broker, for $5 million.

Those buyers put it back on the market in 2015 at $6.495, and finally sold it yesterday for the aforesaid $4.9.

It’s a great house, and Milbank’s a great location. Back in the 70s, when all the world was new and Saturday Night Live was still funny, three of us, post-college, pre-grad school, lived up the road in an old Victorian, now condominiumized, and had a great time; it didn’t hurt that two of us were dating girls, roommates on Locust Street, whom we would eventually marry. The rent was cheap (of course, the heating bill for the leaky old mansion matched the rent), and it was an easy walk to Greenwich Avenue, which still had affordable restaurants, music, and — essential to early-20-year-olds — bars. Most of that’s changed, especially the affordability part, but Millbank continues to offer an excellent in-town experience.