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1986 Amsterdam Avenue Manhattan $1,625,000
  • 4,550
  • 3
  • 10,000
  • R7-2 / C1-4
  • $20,703
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1986 Amsterdam Avenue 1986 Amsterdam Avenue 1986 Amsterdam Avenue 1986 Amsterdam Avenue
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INVICTUS Property Advisors has been retained on an exclusive basis for the sale of 1986 Amsterdam Avenue in Washington Heights. The subject property is a three (3) story mixed-use walkup building with two (2) residential apartments and one (1) ground floor retail store. The asset is located between West 158th & West 159th Streets just a short walk from several of Upper Manhattan's key destinations such as High Bridge Park, Fort Washington Park, the Morris-Jumel Mansion, Sylvan Terrace and Jumel Terrace. In addition, the asset is located steps away from the Broadway retail corridor and New York Presbyterian and Columbia University Irving Medical Center.

Currently, the asset is approximately 4,550 SF and has 5,450 SF of available air rights, located in a flexible R7-2 / C1-4 zoning with a wide-street bonus. The apartments, which are both floor-through units are approximately 900 SF each and are currently configured as three-bedroom, one bathroom units.

The building is located near the 1 and C subway lines, just 0.12 miles away on Broadway and Saint Nicholas Avenue, respectively. There is an I-Card that conforms with the current use of the building. The property has been well-maintained with nominal DOB/ECB or HPD violations. The asset is delivered vacant.

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