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Investment Highlights

  • Highly visible retail building situated in the heart of Washington Heights.
  • Dense residential and commercial surroundings provide strong foot traffic.
  • Immediate access to A, C, and 1 subway lines within a few blocks.
  • Located near major Manhattan thoroughfares for excellent connectivity.

Executive Summary

4 Unit, 3000sf
Commercial Building
For Sale
This property consists of 4 commercial Units. 2 ground level stores. 400sf retail space each and 2 floor-though commercial units on 2nd and 3rd floor. Situated just blocks from the MTA’s A express Subway station and a short walk to the 168st Street number 1 Subway. Minutes to the Yeshiva University and just North of NewYork-Presbyterian/Columbia University Irving Medical Center. Excellent opportunity to own an income producing asset in a high traffic location in the Heart of Washington Heights.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,169 SF
Building Class
C
Year Built
1910
Price
$3,136,636 CAD
Price Per SF
$989.79 CAD
Percent Leased
97%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,200 SF
Slab To Slab
11’
Building FAR
1.21
Lot Size
0.06 AC
Zoning
R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-2 has less parking requirements.

Amenities

  • Bus Line
  • Metro/Subway
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
2129-0005
Land Assessment
$58,704 CAD
Improvements Assessment
$187,729 CAD
Total Assessment
$246,433 CAD
  • Listing ID: 23775367

  • Date on Market: 2021-07-26

  • Last Updated:

  • Address: 1248 St Nicholas Ave, New York, NY 10032

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