(NEW YORK, NY) — Lincoln Correctional Facility located at 31-33 W. 110th street in Harlem, opened as a prison in 1976 and has been an institution for work-release drug offenders and white collar crimes. As a part of state budget agreements, the eight-story, 72,000 square-foot facilities will be closed and sold after reports of a decline in the prison population. The property has already caught the eye of several brokers because of its panoramic views of Central Park and Midtown, Daily News calls it “NYC’s hottest real estate property”.
View this post on Instagram
According to several realtors, the view from this property is unlike any other, it’s a very desirable and unique property, the only other location with similar views is the Metropolitan Museum of Art. As mentioned, the panoramic views overlooks Harlem Meer all the way to Midtown, skyscrapers such as 432 Park Avenue and the brand new Central Park Tower. Developers believe that the building could be converted into a luxury condominium, in recent years the real-estate prices in Harlem escalated including two Mount Morris Park townhouses listed at $27 million and another penthouse sold for $2,531 a square foot.
Several Harlem residents commented on the possible property development, Brian Ford told Pix 11 news “It is a terrible idea! It’s a public building, keep it a public building, it could be turned into a museum or a lot of other things but there is plenty of luxury housing as it is.” Another resident told Daily News “ I’m sick and tired of these high-rises coming in and ruining the community, they could use it to benefit the community, kids, and low-income families and the people who have been in the neighborhood for years.”
The property is being closed by the state’s ‘Empire State Development’, they are also closing another prison upstate under the same circumstances as Lincoln Correctional Facility.