$572,300
Updated 9 years ago
Sold

544 West 157th Street, 64

Washington Heights, Manhattan | Amsterdam Ave & Broadway

5 Rooms3 Beds1 BathCo-op

$572,300
Maintenance$806

This property was sold for $572,500 on 06/12/17.

Outdoor space and views

  • North Exposure
  • South Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Elevator
  • Laundry Room

Policies

  • Pets Allowed

Property Description for 544 West 157th Street, 64

IN CONTRACT: Very sunny three-bedroom apartment which could be a two bedroom with interconnected dining and living rooms, both with bay windows-in a beautifully restored HDFC elevator building with tight management, good financials and marble lobby, located on 157th Street. The building is just two blocks from hopping Hamilton Heights, and up the street from the 157th Street stop of the #1 train. Great new supermarket 3 blocks away. Quiet but extremely bright because the apartment is 6th floor and almost entirely south-facing. Original wall detailing, period moulding and baseboard still in tact. Laundry located in the building. Yes, you can get a mortgage for this unit. Yes you can sublet for 2 years after living there 2 years. Income restrictions apply: $89,603.28 for 2 or fewer dependents.$104,537.20 for 3 or more dependents. Reasonable flip tax: If you hold the apartment for 5 years or less flip tax is 20% of profit; hold it 5-10 years, flip tax is 12% of profit, and if you stay 10 years or more flip tax is only 8% of profit.

Listing History for 544 West 157th Street, 64

Now
06/12/2017
$572,500
Sold and Closed by Vivian Ducat
Brown Harris Stevens Residential Sales LLC
03/23/2017
Contract Signed by Vivian Ducat
Brown Harris Stevens Residential Sales LLC

Building Details for 544 West 157th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1910
Financing Allowed80%
Floors/Apts8/39
Learn More About the Building

Transit and Citi Bike

Subway

157 St
0.09 miles
155 St
0.21 miles
163 St-Amsterdam Av
0.26 miles
155 St
0.35 miles

Citi Bike

Amsterdam Ave & W 156 St
0.1 miles
Broadway & W 157 St
0.1 miles

Contact Agent

Contact Agent

Vivian Ducat
Brown Harris Stevens

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: 1627454