About this property
ONE Commercial Realty Services has been retained on an exclusive basis for the sale of 552 West 161st Street. This 3,840 square foot, 4 story property is located on the south side of West 161st Street between Amsterdam Avenue and Broadway in Washington Heights. Currently the building consists of eight (8) units including one garden floor-through apartment. The current owner occupies the garden floor which was recently gutted with a new bathroom, hardwood floors, washer/dryer and a new kitchen. Ownership has also renovated several units that are now fully leased out to tenants on floors 2-4.
This is an ideal live plus income opportunity for a purchaser looking to occupy a 960 SF apartment on the ground floor with private access to a 640 SF backyard. There is also a parking garage on the block offering great convenience to a potential homebuyer with a car. Recent major capital improvements include a new gas boiler and a new gas converter. The apartments have undergone renovations including exposed brick and new appliances. Additionally, the sidewalk was recently resurfaced, and several new developments are being built on the block.
Ownership has obtained a certificate of non-harassment and will deliver it at closing. 552 West 161st Street is within a four-block walk from the Columbia Presbyterian Hospital, Fort Washington Park and Highbridge Park. Public transportation is easily accessible via the C local train at West 162nd Street and Saint Nicholas Avenue, the 1 local and A express train in close proximity, as well as the numerous bus lines that canvas the neighborhood.View Property Setup