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Manhattan’s Harlem Neighborhood Sees First Sale North of $5M

A limestone townhouse becomes the priciest home in the area

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A limestone townhouse converted from a burnt-down place of worship in Harlem, New York, changed hands for $5.1 million last week, becoming the most expensive home sold in Upper Manhattan— an area north of 125th Street.

The five-story townhouse, built circa 1898 on Hamilton Terrace, is steps away from the landmarked Hamilton Grange National Memorial, which is the former home of founding father Alexander Hamilton and was a church between the early 1970s and 2006, when it was destroyed by a fire.

The $5.1-million sale makes the home the most expensive above 125th Street. Prior to this sale, the highest price was achieved by another townhouse on the same street for $3.535 million in March 2017, according to listings website Redfin.com.

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The current owner, Glen Gauthier, bought the property in 2013 for $1.125 million and converted it into a single-family residence, records on PropertyShark show. A Canadian native and a longtime resident of Harlem, Mr. Gauthier has renovated and sold other houses in the neighborhood, The Wall Street Journal previously reported.

He didn’t immediately return a call seeking for comment.

The buyer’s identity was shielded by a limited liability company, per property records filed with the City Registry last Thursday.

The home has four bedrooms, three full bathrooms, two half bathrooms, multiple living rooms and fireplaces, a gourmet kitchen and a family room in the finished cellar, according to the last listing with the Corcoran Group, which confirmed the sale but declined to comment further.

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The building, which is part of the landmarked Hamilton Heights neighborhood, features an ornate limestone and terra cotta facade, carved emblems, a mansard slate roof (also called French roof with four-sided hip roof and two slopes on each side), and multiple dormer windows, according to the listing.

"The original wrought-iron fencing surrounding the home, gardens, and an abundance of windows on three exposures further enhance the property," the listing said.

The townhouse first came onto the market as a residential property last March for $5.495 million, and the price was later dropped to $5.25 million in November, according to listing records on Realtor.com.