$2,000,000
Updated 6 years ago
Off Market

138-150 Hillside Ave

Washington Heights, Manhattan | Sickles Street & Nagle Ave

20,169 Square FeetDevelopment Site

$2,000,000
Lot Size56'x84'
ZoneR7-2
Building TypeDevelopment Site
RE Taxes$12,702
Price Per SF
$99

Building Amenities

  • Elevator

Property Description for 138-150 Hillside Ave

138 and 150 Hillside Avenue are two adjacent lots that combined for approximately 15,516 buildable square feet located on the west side of Hillside Avenue just south of Dyckman Street. Also included in the sale are approximately 4,653 square feet of transferable air rights from the adjacent parcels at 134 and 136 Hillside Avenue which combine for an approximate 20,169 buildable square feet. Th e property is currently zoned R7-2 which allows for 3.44 FAR as-of-right or 6.5 FAR for community facility use. Conveniently located near the bustling Dyckman Street retail corridor, this development opportunity presents the ability to capture the increasing demand for residential space and/or a community facility in one of Manhattan’s fasting growing neighborhoods. Future tenants will benefi t from the properties close proximity to public transportation as the 1 train is only a block away at the corner of Dyckman Street and Hillside Avenue, and the A express train is only a few block west at the corner of Dyckman Street and Broadway. Additionally, there are numerous bus routes that canvas the neighborhood including the M100, Bx7, Bx12+ and Bx20.

Listing History for 138-150 Hillside Ave

Now
02/24/2015
POM by Robert Knakal
Cushman & Wakefield
2015

Building Details for 138-150 Hillside Ave

OwnershipDevelopment Site
Building TypeDevelopment Site
Learn More About the Building

Transit and Citi Bike

Subway

Dyckman St
0.03 miles
Dyckman St
0.35 miles
191 St
0.41 miles
190 St
0.44 miles
207 St
0.47 miles

Citi Bike

Nagle Ave & Thayer St
0.06 miles
Nagle Ave & Ellwood St
0.13 miles

Contact Agents

Contact Agents

Robert Knakal
Cushman & Wakefield
Jonathan Hageman
Cushman & Wakefield
Robert Shapiro
Cushman & Wakefield

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: 50691TH