$3,175,000
Updated 4 years ago
Off Market

955-957 Saint Nicholas Ave

Washington Heights, Manhattan | West 157th Street & West 158th Street

9 Rooms12 Beds4 BathsMulti-Family

$3,175,000
floors / apts5 / 6
Building TypeTownhouse
RE Taxes$12,180

Building Amenities

  • Voice Intercom

Property Description for 955-957 Saint Nicholas Ave

Incredible Investor opportunity to purchase 2 contiguous multifamily buildings in Washington Heights. With 31' of combined frontage on St Nicholas, these prewar apartment buildings each can either be kept at 2 families each, or expanded to 3-4 families. The two buildings sit on the corner of 158th street and St Nicholas Avenue, in a rapidly gentrifying section of Washington Heights.

The combined size of both buildings is just shy of 5,000 sf over 3 stories and each building currently houses two renters who are month to month. 955 needs some work to combine the vacant 2nd floor to either the first or third floor. 957 has already been renovated.

Both properties are being offered for sale "as is" and can be configured in a variety of layouts by the new purchaser. Please email or call us for a set-up including proforma income, building dimensions, zoning and expenses.

Building Details for 955-957 Saint Nicholas Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts5/6
Learn More About the Building

Contact Agents

Contact Agents

Rick Kelly
Corcoran

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: 86832TH