730 Saint Nicholas Avenue

Hamilton Heights   |   West 146th Street & West 147th Street

Price Drop
Building For Sale
$ 3,595,000 [ 10.01% | $ 400,000 ]
Ownership Multi-Family
Lot Size 30'x100'
Floors/Apts 4/7
Status Active
Real Estate Taxes [Per Annum] $ 7,354
Building Type Townhouse
Building Size 30'x54'
Year Built 1910
ASF/ASM 8,100/753
Listing ID: 74180TH

Property Description

Located in the landmark of the Sugar Hill Hamilton Heights historic district, offered is a vacant, 8,100 square feet, 5 story, redevelopment opportunity, built 22+/- feet wide on 30+/- foot wide lot consisting of 22 rooms, 5 1/2 bathrooms, a roof deck, a patio, a garden, a full cellar, plus a driveway & a garage that can accommodate 4 vehicles. Boasting high ceilings throughout, this pre-war gem is loaded with original features including stained glass, parquet floors, gas fireplaces with mantles, wainscoting, and pocket doors all in tact. Currently configured as a 2 family with certificate of occupancy designed with a garden floor through apartment. 4,034 square feet of unused FAR. R7A, C1-4 zoning. Brand new roof with 15 year warranty. Priced at $444 a foot. Vacant and ready for an immediate sale. Annual Taxes: $7,395+/- . Currently Vacant. Projected Rent: $3.33 per sqft per month x 8,100 sqft $27,000 monthly rent $324,000 annual rent (based on actual recent neighborhood rented comps). Projected annual expenses: $120,000. 5.10% cap rate.

Walk to all including the A, B, C and D subway trains with a subway entrance on the block. Also the Harlem School of The Arts, City College, Jackie Robinson Park, the Alexander Hamilton Grange in St Nicholas Park, Riverbank State Park, restaurants, supermarkets, shops, other services and the #1 train along 145th Street, Amsterdam Ave & Broadway.
Located in the landmark of the Sugar Hill Hamilton Heights historic district, offered is a vacant, 8,100 square feet, 5 story, redevelopment opportunity, built 22+/- feet wide on 30+/- foot wide lot consisting of 22 rooms, 5 1/2 bathrooms, a roof deck, a patio, a garden, a full cellar, plus a driveway & a garage that can accommodate 4 vehicles. Boasting high ceilings throughout, this pre-war gem is loaded with original features including stained glass, parquet floors, gas fireplaces with mantles, wainscoting, and pocket doors all in tact. Currently configured as a 2 family with certificate of occupancy designed with a garden floor through apartment. 4,034 square feet of unused FAR. R7A, C1-4 zoning. Brand new roof with 15 year warranty. Priced at $444 a foot. Vacant and ready for an immediate sale. Annual Taxes: $7,395+/- . Currently Vacant. Projected Rent: $3.33 per sqft per month x 8,100 sqft $27,000 monthly rent $324,000 annual rent (based on actual recent neighborhood rented comps). Projected annual expenses: $120,000. 5.10% cap rate.

Walk to all including the A, B, C and D subway trains with a subway entrance on the block. Also the Harlem School of The Arts, City College, Jackie Robinson Park, the Alexander Hamilton Grange in St Nicholas Park, Riverbank State Park, restaurants, supermarkets, shops, other services and the #1 train along 145th Street, Amsterdam Ave & Broadway.

Listing Courtesy of Douglas Elliman Real Estate

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Apartment Features

A/C
Washer / Dryer Hookups
730 Saint Nicholas Avenue Hamilton Heights New York NY 10031

Building Details [730 Saint Nicholas Avenue]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 2053/65
Building Size 30'x54'
Zoning R7A
Building Type Townhouse
Year Built 1910
Floors/Apts 4/7
Lot Size 30'x100'

Building Amenities

Driveway
Garage
Garden
Roof Deck

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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