Brick Metal Frames, a house in the Bronx, was sold for $10.2 million on Friday, according to real estate agent Reuben J. Katz.
The listing, at 688 W. 60th St., is for a six-bedroom brick frame house that features brick framing and has been on the market since February 2016, according the listing.
“The house is one of the most distinctive pieces of brick in the city, with an unusual appearance and a strong, solid appearance,” Katz told the New York Post.
The house, which was built in the late 1800s, was the home of an African-American family who owned the building and lived there for nearly 150 years, Katz said.
Katz said that the home is “a landmark in the area, as it was one of only a few remaining brick-frame houses in the neighborhood.”
The house is located near an intersection that leads to an industrial park and has a total of 12 units on the property.
The home was previously listed for $12.7 million, according of the New Yorker.
The real estate market has been hard on brick, especially since the 2016 election.
As of the end of the third quarter, the NYSE-listed brick industry lost 7,000 jobs, according a Bloomberg report.
“There are a lot of brick-framed houses being built right now that are really bad,” Katz said, noting that the average price of a brick-block home in the New Jersey market was $4 million in March.
“I don’t think there’s any shortage of people in New Jersey right now.”
Katz said the seller, a family-owned company, was looking to build more affordable homes in the future.
“It’s going to be very hard for people to afford these houses,” he said.
“They’re going to need to be built out in less expensive areas.”
Katz also said that, unlike other New York City homes, the home does not have any interior brickwork.
“A lot of these houses have very little interior brick,” Katz noted.
“This house is a complete house with no interior brick.”
A similar listing on the site of the home sold for another $9.9 million in April 2017.