Updated 14 hours ago
In contract
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815 Riverside Drive

Washington Heights, Manhattan | West 158th Street & West 159th Street

16 Rooms5 Beds7 Baths4,384 Square FeetIncome Property

$1,500,000
floors / apts4 / 6
Lot Size73'x45'
ZoneR8
Building TypeTownhouse
RE Taxes$17,460
Price Per SF
$342

Listing Features

  • Architectural Dtls
  • Original Details

Outdoor space and views

  • Patio
  • City Views
  • Hudson River
  • Riverside Park

Building Amenities

  • Garage

Property Description for 815 Riverside Drive

Unique opportunity to purchase a fantastic corner building in prime south Washington Heights on Riverside Drive and West 158th Street! Three of the six units are able to be delivered vacant, with the other three occupied by rent-stabilized tenants. There is the potential to convert the existing apartments into at least eight apartments, and there is additional FAR available as well. The 4384-SF building is comprised of two studios, three one bedrooms and one duplex, plus a private garage and views of the Hudson River from the fifth floor apartment and the roof. All DCHR filings are up to date and documented. The building has gas heat, with a new Weil Mclain boiler installed in 2012. This property also features a 200-gallon quick return hot water boiler and the roof was replaced in 2008. Conveniently located close to Columbia Medical School, Presbyterian Hospital, City College, Columbia University, Yeshiva University, and the A/C and 1 subways.

NOTE: Someone looking for a larger development play may be able to purchase the surrounding buildings as part of a package deal (details available upon request).

NOTE: The interior photos have been virtually altered. All furniture and personal belongings have been removed from the photos.

Listing History for 815 Riverside Drive

Now
08/30/2023
Contract Signed by Robert Falcone
Douglas Elliman
05/09/2023
Back on the Market by Robert Falcone
Douglas Elliman

Building Details for 815 Riverside Drive

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

157 St
0.12 miles
163 St-Amsterdam Av
0.31 miles
155 St
0.42 miles
168 St-Washington Hts
0.45 miles
168 St
0.48 miles

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: 66568TH