$12,500,000
Updated 11 years ago
Off Market

4720 Broadway

Washington Heights, Manhattan | Arden Street & Thayer Street

52,378 Square FeetIncome Property

$12,500,000
floors / apts6 / 52
Lot Size111'3"x109'5"
Built Size108'x105'
ZoneR7-2
Building TypeLow-Rise
Price Per SF
$239

Building Amenities

  • Voice Intercom
  • Elevator

Property Description for 4720 Broadway

> Ariel Property Advisors is proud to present 4720 Broadway, a classic, prewar art deco, fifty (50) unit mixed-use elevator building. > Located on the northeast corner of Arden Street and Broadway, 4720 Broadway is in the heart of Manhattan’s Inwood neighborhood, overlooking Fort Tryon Park. > Spacious units in the building include detailed design, lots of windows, upgraded flooring and high ceilings. > The building has recently undergone extensive improvements while still maintaining its original art deco style. > Upgrades of the building include, but are not limited to, common area renovations, new electrical service, new water main and copper and brass piping. > Additionally, the property includes amenities for tenants such as a laundry room and substantial space for storage in the basement. > Current ownership has begun positioning the property for a condo-conversion and a condominium offering plan was approved by the Attorney General’s office on May 7th, 2012. > The property is located just steps away from the Dyckman Street “A” subway station, providing convenient access to Manhattan and outer borough locations. > Combnining sweeping views of Fort Tryon Park with a variety of local services and amenities, 4720 Broadway AKA 105 Arden Street, provides investors with rental upside with an opportunity for condo conversion in one of Northern Manhattan’s most sought-after locations.

Listing History for 4720 Broadway

Now
01/18/2013
POM by Victor Sozio
Ariel Property Advisors
2013

Building Details for 4720 Broadway

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1920
Floors/Apts6/52
Learn More About the Building

Transit and Citi Bike

Subway

Dyckman St
0.09 miles
Dyckman St
0.32 miles
190 St
0.48 miles

Citi Bike

Riverside Dr & Broadway
0.06 miles
Sherman Ave & Thayer St
0.12 miles

Contact Agents

Contact Agents

Victor Sozio
Ariel Property Advisors
Shimon Shkury
Ariel Property Advisors
Michael Tortorici
Ariel Property Advisors

Washington Heights | Manhattan

Quick Profile

Washington Heights, a hilly neighborhood on Manhattan’s northern tip known for its affordable apartments, preserved pre-war buildings, and Dominican food. Some would argue that it's a hidden gem and one of Manhattan's last neighborhoods that has retained its culture. The large swath of land is bordered by Inwood to the north along Dyckman Street, by Harlem to the South along 155th Street, by the Harlem River to the east, and the Hudson River to the West. It is the highest natural point on the Island of Manhattan. 

Despite its high residential density, Washington Heights and Inwood have not seen modern housing construction in more than a decade other than relatively small housing units. Midtown Manhattan, Battery Park, TriBeCa, Chelsea, and Hell’s Kitchen, on the other hand, have seen an increase in building. Most of the high rise construction belongs to hospitals such as New York Presbyterian, Columbia University Medical Center, and educational institutions like Yeshiva University and Boricua College. 

Washington Heights has access to amazing green spaces like The Cloisters, Fort Washington Park, Highbridge Park and Fort Tryon Park. There is no shortage of historical landmarks either. Remember General George Washington set up his camp in Washington Heights during the Revolutionary War. He used the elevated neighborhood to his tactical advantage to spot the Redcoats. As history would have it, his plan didn’t work out so well and the British occupied New York for seven years.  

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: 44849TH