Updated 2 days ago
Washington Heights, Manhattan | Amsterdam Ave & Broadway
66 Beds27,133 Square FeetIncome Property

floors / apts5 / 37
Lot Size75'x99'9"
Built Size75'x89'
Building TypeLow-Rise
RE Taxes$116,182
Price Per SF

Building Amenities

  • Voice Intercom

Property Description

Invictus Property Advisors has been retained on an exclusive basis for the sale of 525 West 158th Street, a 37-unit, 27,000+ SF multifamily building located in the Upper Manhattan neighborhood of Washington Heights. 525 West 158th Street is comprised of 37 units, of which, 10 are free market and 27 are rent stabilized. All but one unit is occupied and there are thirteen 1-beds, nineteen 2-beds, and five 3- beds for a total of 66 bedrooms throughout the building. A future investor can add value by renovating all the free market units, as well as the vacant rent-controlled apartment, to achieve market rate and first rent. In addition, new ownership can renovate eight rent stabilized units upon tenant turnover where significant spreads exist between the legal and preferential rents. This building is also conveniently located two blocks from the 157th Street Station servicing the 1 line and four blocks away from the 163rd Street Station servicing the C line.

Listing History

Initial Price by Josh Lipton
Invictus Property Advisors

Building Details

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
Year Built1924
Learn More About the Building

Transit and Citi Bike


157 St
0.13 miles
163 St-Amsterdam Av
0.19 miles
155 St
0.24 miles
155 St
0.34 miles
168 St-Washington Hts
0.47 miles

Contact Agents

Contact Agents

Josh Lipton
Invictus Property Advisors
Andrew Levine
Invictus Property Advisors
Jax Hindmarch
Invictus Property Advisors
View this property on the company's website

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: 88009TH