23 Chieftans, the King Street development on the old Gimbel estate, sold for $2.4 million. Owner paid $3.050 for it when it was new in 2003 and started her resale journey @ $4.250 in 2005. These are tough sells, in my experience because they’re in a noisy, inconvenient location, and pretty much have an adult retirement community feel. That’s just my opinion, of course, and you may commute out of Westchester Airport, play golf at the Giff and have seven adopted Vietnamese children attending Brunswick-On-King-Street, in which case, this is the place for you. $2.4’s pretty cheap, regardless.
337 North Street was built in 2005, listed at $5.6 and sold in 2006 for $4.880. Listed at $5.2 in June, 2010, it’s now back with a new broker and a new price, $4.450. Without resurrecting last week’s discussion on what’s selling in mid-country these days, I still maintain that it’s the houses in the $3s that are moving.
And rounding up the morning’s activity, 55 Will Merry Lane, asking $2.995 million and reported as havig an accepted offer this past January, is now available once more.