Harlem’s ‘Grey Gardens,’ the Steal of the Year

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The Bailey House, a fantastical castle in the heart of Harlem, was sold earlier this month. When our S. Jhoanna Robledo took a video tour of the place, we were blown away by the gorgeous 8,250 square feet of interior space, the quirky architecture, the original stained-glass windows, the herringbone wood floors and the coffered ceilings, the history (it was built by a circus impresario and was later a funeral home), and most of all the $3.5 million price tag. There is no other property like it on the island of Manhattan. It sold for $1.5 million. Sure, it needs millions in repairs (the backyard is a jungle, some floors have rotted through, and the plaster in several rooms is cracked), but even with all that added onto the contract price, somebody got themselves a very exciting, relatively bargain-priced project.

Harlem Circus House Sells for Over 75% Off Original Price [Curbed]
Earlier: Harlem’s Bailey House Is a Manhattan ‘Grey Gardens’