Updated 11 years ago
Off Market
506-510 West 150th Street
Hamilton Heights, Manhattan | Amsterdam Ave & Broadway
43,200 Square FeetIncome Property
$11,850,000
floors / apts6 / 62
Lot Size100'x199'
Built Size94'x87'
ZoneR7-2
Building TypeLow-Rise
Price Per SF
$274
Building Amenities
- Voice Intercom
Property Description for 506-510 West 150th Street
Massey Knakal Realty Services is pleased to announce that it has been retained on an exclusive basis to arrange for the sale of 506 & 510 West 150th Street. 506 & 510 West 150th Street are two adjacent walk-up buildings located on the south side of West 150th Street between Broadway and Amsterdam Avenue. The properties combine for 62 residential units across approximately 43,200 square feet. The properties are currently renting at approximately $22.88 per gross square foot. Recent major capital improvements include a new gas boiler and burner, entry & vestibule doors, building wide gas piping, and backflow prevention and intercom systems (506 W. 150th St). Future ownership will have the option to file for a J51 Abatement on 506 West 150th Street for the new boiler, burner, gas piping and entry doors. The estimated total abatement is $55,000 which translates to $4,583 per year for 11 years. The properties are located near the bustling Broadway retail corridor and surrounded by neighborhood anchors such as the City College of New York, New York Presbyterian Hospital and Columbia University. Public transportation is easily accessible via the 1 train stop at 145th or 157th Street and Broadway or A, B, C and D train stops at St. Nicholas Avenue and 145th Street.
Listing History for 506-510 West 150th Street
Now
06/05/2014
POM by Robert Knakal
Cushman & Wakefield
03/18/2014
$11,850,000
Initial Price by Robert Knakal
Cushman & Wakefield
Building Details for 506-510 West 150th Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts6/62
Transit and Citi Bike
Subway
155 St
0.27 miles
145 St
0.27 miles
145 St
0.27 miles
157 St
0.39 miles
155 St
0.41 miles
Citi Bike
W 148 St & Amsterdam Ave
0.1 miles
Amsterdam Ave & W 152 St
0.11 miles
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: 38556TH
Find home. Discover happiness.