$1,800,000
Updated 7 years ago
Off Market

509 West 150th Street

Hamilton Heights, Manhattan | Amsterdam Ave & Broadway

16 Rooms8 Beds4 Baths3,492 Square FeetMulti-Family

$1,800,000
floors / apts4 / 4
Lot Size15'x99'
Built Size15'x61'
ZoneR7-2
Building TypeTownhouse
RE Taxes$10,404
Price Per SF
$515

Listing Features

  • Radiator

Outdoor space and views

  • Backyard
  • Patio

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 509 West 150th Street

The subject property is a 15' x 61' brownstone, a 4-story walk-up. The building square footage is 3,564. Located on a beautiful tree-lined block on West 150th Street between Amsterdam Avenue and Broadway in the Sugar Hill / Hamilton Heights section of Harlem.

Currently configured as a legal four-family dwelling, there's no end to the possibilities for this desired investment opportunity on a 15-foot by 93-foot Lot, this property is conveyed with 929 square feet of air rights available.

Bring your architect / contractor and create a profitable investment opportunity as a rental building or condo conversion.

All Units are currently set up as 2 bedroom apartments.

Actual Rent Roll: Unit 1 – $2,000 (Lease Expires January 2019) Unit 2 – Vacant (Needs Gut Renovation) Unit 3 – $1,600 (No Lease/Month to Month) Unit 4 – $200 (Rent Controlled Tenant)

Yearly Expenses: ( Estimated ) Taxes: $10,400 Water/ Sewer = $ 2,000 Insurance = $2500 Fuel = $5000 Electric = $ 1000 Super = $3000

Building Details for 509 West 150th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

155 St
0.26 miles
145 St
0.28 miles
145 St
0.29 miles
157 St
0.37 miles
155 St
0.41 miles

Citi Bike

Amsterdam Ave & W 152 St
0.1 miles
W 148 St & Amsterdam Ave
0.12 miles

Contact Agents

Contact Agents

Joe Cruz
Compass

Hamilton Heights | Manhattan

Quick Profile

Primarily a residential neighborhood, Hamilton Heights has a mix of brownstones, walk-ups and older apartment buildings, together with more luxurious apartment and condo buildings situated along Riverside Drive. Known for being a working class neighborhood in the past, now there are many artists, teachers and actors making their homes in Hamilton Heights.  

Hamilton Heights has a diverse population that prides itself on being a tight-knit community, one where neighbors know and respect one another, work together on issues that confront the community, support each other in difficult times, and spend time together socializing at block and seasonal parties.

Although there are many types of public transportation available, the area subway stops may require a bit of a walk, so you will need to plan for this time in your commute.

Hamilton Heights has a definite family-oriented vibe, and there are many playgrounds and activities for children. Additionally, you can find child daycare at reasonable prices. Riverbank State Park has many activities and recreational opportunities geared toward children. 

Although there are plentiful places to shop for groceries, everything from the bigger national chains to the neighborhood bodegas and delis, they are starting to show the impact of gentrification in the higher prices they are charging, especially for organic products.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 21584TH