SoHa 118's PH3D first hit the market over a year ago, with no unit pictures or floorplan, asking a gasp-inducing $3.8 million. At the time, it seemed like a reach and the penthouse had no luck at that price point, so it decided that it was a good idea to raise its price by $300,000 two months later, and then another $200,000 three weeks after that. Although it did switch brokerages back in June, the apartment has remained at $4.3 million for the past ten months, making it, as the Dailey News noted today, Harlem's most expensive home, and, as they did not, possibly also its most delusional.
There is, so far, little to suggest that the 3,456-square-foot, 4BR/4.5BA duplex will be able to land a buyer at its $1,244 per square foot asking point. The only unit in the building to even break $2 million since sales launched in 2007 was a 3BR penthouse that went for $2.145 million ($959 per square foot). A smaller 3BR penthouse managed to get $1,020 per square foot, making it the building's most valuable by area so far.
· Listing: 301 West 118th Street #PH3D [Brown Harris Stevens]
· SoHa 118 coverage [Curbed]