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503 West 168th Street
Washington Heights, Manhattan | Amsterdam Ave & Audubon Ave
6 Baths3,800 Square FeetMulti-Family
$2,500,000 $2,400,000
$2,500,000 $2,400,000
Updated 5 years ago
Off Market

503 West 168th Street

Washington Heights, Manhattan | Amsterdam Ave & Audubon Ave

6 Baths3,800 Square FeetMulti-Family

$2,500,000 $2,400,000
floors / apts4 / 3
Lot Size25'x95'
Built Size21'x45'
ZoneR7-2
Building TypeTownhouse
RE Taxes$5,700
Price Per SF
$658

Building Amenities

  • Voice Intercom

Property Description for 503 West 168th Street

RENT PER MONTH
Ground FL $2000 (was $2400) — 2bed 1bath
1st FL $3100 — 3bed 2bath
2nd FL $2800— 3bed 2bath — Empty
3rd FL $2800 — 3bed 1bath
=$10,700 x 12 $128400

ANNUAL EXPENSES
$3300 Insurance
$4000 Water
$5560 Gas/Heat
$5700 Taxes
=$18,560

NOI $109840
4.3% CAP

Residential FAR 3.44
Facility FAR 6.5
FAR as built 1.60
Allowed usable floor area 8,170
Usable floor area as built 3,800
Unused FAR 4370

Video Walkthrough


Building Details for 503 West 168th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

168 St
0.14 miles
168 St-Washington Hts
0.16 miles
163 St-Amsterdam Av
0.32 miles

Railroad

Highbridge YardMetro-North Railroad
0.41 miles

Citi Bike

Amsterdam Ave & W 167 St
0.04 miles
Edgecombe Ave & W 167 St
0.14 miles

Contact Agents

Contact Agents

Troy Gordon
R New York
Ali Raza
R New York

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.  

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Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2023

According to New York City records, the median price for an apartment in Manhattan for the month of August 2023 was $1,150,000.  The price represents a minimal decrease of .02% from the median price of $1,175,000 recorded in August 2022.  The number of apartment sales, however, fell from 1,546 to 1,204 reflecting a year-over-year decreas...

posted on December 8, 2023
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: 79852TH
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