$2,900,000
Updated 11 years ago
Off Market

530 West 187th Street

Washington Heights, Manhattan | Amsterdam Ave & Audubon Ave

Multi-Family

$2,900,000
floors / apts3 / 9
Lot Size18'10"x75'
Built Size18'10"x41'4"
ZoneR7-2
Building TypeLow-Rise
RE Taxes$6,720

Listing Features

  • Gas Heat

Building Amenities

  • Voice Intercom

Property Description for 530 West 187th Street

> Two Side by Side Townhouses for Sale. > Two contiguous townhouses with recently updated mechanics offer a unique opportunity for several sectors of the market. > For the developer a built far of 1.53 vs. a max allowed far of 3.44 possibly allows the option of building six stories as well as expanding backward behind the property for a nicely sized and highly profitable mid-sized project. > This area is ripe for a building containing new condos or even rentals. > The return on your investment could be substantial. > For the investor, keep the rentals, enjoy the income and hold the property for as long as you like. > With Yeshiva University as the very next door neighbor, you'll always have a built in population of wonderful potential tenants. > And for the private home owner the opportunities are just as abundant. > Move right in to the owner's duplex and benefit from immediate rental income or perhaps combine the two townhouses to make a fabulous metropolitan approx 38 foot wide private home and private yard to provide you with years of happiness and fine living. > The interior photos featured are that of the Owners Duplex. > Come one come all. All offers will be submitted and the property can be delivered vacant.

Building Details for 530 West 187th Street

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/9
Learn More About the Building

Transit and Citi Bike

Subway

191 St
0.21 miles
181 St
0.29 miles
181 St
0.46 miles

Citi Bike

Amsterdam Ave & W 186 St
0.08 miles
W 186 St & St Nicholas Ave
0.11 miles

Contact Agent

Contact Agent

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: 26791TH