Updated 21 days ago
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Washington Heights, Manhattan | West 158th Street & West 159th Street
3,393 Square FeetIncome Property

$3,350,000
floors / apts3 / 6
Lot Size20'x72'7"
Built Size20'x65'
ZoneR8
Building TypeTownhouse
RE Taxes$16,549
Price Per SF
$987

Listing Features

  • Architectural Dtls
  • High Ceilings
  • Skylights
  • Deco Fireplace
  • Unknown Heat Type

Outdoor space and views

  • City Views
  • Townhouse Views
  • Treeline Views

Building Amenities

  • Voice Intercom

Property Description

Rare investment opportunity on Riverside Drive just outside the Audubon Park historic district.

821 Riverside Drive is a Rare C2 class building located on Riverside Drive just off 158th street. This three-story townhouse has 6 market rate units (one is currently vacant). Offering plenty of original charm, you can bring your design team to fully optimize the spaces and increase their overall rental values.

This town house is 20’-wide x 65’- deep offering 3,393 square feet of living space and located on a prime tree-lined block on Riverside Drive in Washington Heights. Boiler, electrical, and gas lines have all been recently updated. Separate meters in basement for easy access/management. You will find original woodwork throughout the building. 14 foot ceilings on parlor level and skylights over top offer fantastic natural light to the top floor units. Each unit has its own bathroom and kitchen.

Great opportunity for investors to secure a great property on an emerging neighborhood. Plenty of home ownership in the immediate area with plenty of condo conversion buildings and co-ops is making this piece of Riverside Drive highly sought after.

Conveniently close to the #1 train, Riverside park, Columbia Presbyterian Hospital, and many shops and restaurants.

Listing History

Now
10/19/2021
$3,350,000
Initial Price by Gian Carlos DelaCruz
exp Realty NYC
Launch

Building Details

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts3/6
Learn More About the Building

Transit and Citi Bike

Subway

157 St
0.13 miles
163 St-Amsterdam Av
0.32 miles
155 St
0.43 miles
168 St-Washington Hts
0.46 miles
168 St
0.49 miles

Citi Bike

Broadway & W 160 St
0.14 miles
Broadway & W 155 St
0.18 miles
10
46
0

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: 82481TH