New listing in nosebleed territory

the new look

7 Dwight Lane (it’s a Hooligan listing, but they haven’t bothered posting photos, so we’re going with the larger firm, with the larger staff, Coldwell Banker) is new today and asking $9.495 million. Dwight’s always been a more modestly priced neighborhood, with the highest previous sale coming in 2014: $3.3 million, to, coincidentally, these sellers. The listing claims a complete rebuild in 2020, so that explains the price, if not the groundbreaking price level.

I personally have never liked the airplane hangar feel and look of this house, and neither has the market. It was auctioned off after foreclosure in 2008, and that buyer, after sprucing it up a bit, tried for $4.125 in 2010 before, finding no buyers, capitulated in 2014, selling it to these owners in 2014 at the aforesaid price of $3.3.

Which is not to say they won’t get this asked-for $9.495; the people who comprise the natural market for designs like this, East Side New Yorkers, are still fleeing the city in droves, and Mayor Adams and the state legislature are doing their very best to keep that outflow going, so … maybe.

old

new

old

the original indoor pool is no more, alas, replaced by a combination conversation pit/Peloton room, replete with an avocado mini-fridge

the floor lan remains unchanged, with a healthy 300’ spacing between the master bedroom half of the upper floor and the teenagers’ party rooms