December 28, 2015
Big Price Drop at This Renovated Five-Story, Upper West Side Townhouse
The pricing over the years at 33 West 71st Street, located on the Upper West Side near Central Park West, is like reading the dramatic play, The Crazy Price Tags of New York. The historic townhouse sold in 1996 for $770,000, although back then it looks like the residence was chopped up into rental units. At some point, it was renovated back into a single family and the price tag started to skyrocket. It was listed in 2008 for $5.3 million, then in 2012 for $7.5 million. It sold in 2013 for $6.225 million and then was quickly listed again in 2014 for $18.5 million after the latest renovation. That price was lowered to $16.495 million this summer, and then quickly lowered again to $14.995 million. Got all that? Because now it's on the market with a price cut to $12.995 million, or you can rent it for $40,000 a month.
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