703 West 171st Street

Ariel Property Advisors is pleased to present 703 West 171st Street, a newly-constructed, mixed-use, elevator building located on the north side of West 171st Street between Haven Avenue and Fort Washington Avenue. This 25’ wide property measures 9 stories and encompasses 17,750 gross square feet. The unit mix consists of a ground floor community facility space, 6 onebedroom apartments and 5 two-bedroom apartments. This newly constructed building is turn-key and boasts top of the line, luxury finishes throughout. All residential units have spacious bedrooms and living/kitchen areas with southfacing, floor to ceiling windows which allow substantial light and air. Residential units on floors 2-7 feature private balconies while the two top floor penthouses enjoy private rooftop terraces. The ground floor community facility space has a separate entrance and high ceilings throughout, making this ideal for many different users looking to be within close proximity to area institutions. The property is centrally located in Washington Heights on the immediate block of Columbia University’s Roy and Diana Vagelos Education Center, a recently completed, state-of-the-art, medical and education facility. The property is also just steps from Columbia Presbyterian Medical Center on West 168th Street which is one of the major institutional draws to the area. Several new rental and condo developments have also erected in the area, including the Highbridge Condominium at 448 West 167th Street which is achieving sellouts north of $1,000 per square foot. The property also enjoys easy access to lower Manhattan and outer borough locations via the 1 subway train located just three blocks away at West 168th Street and Broadway. 703 West 171st Street is a unique, turn-key investment opportunity that presents flexibility for immediate condo sellouts or a cash-flowing rental property.