764 Saint Nicholas AVE #C1/C2 Back on Market Save Request In-Person Tour Request Virtual Tour
New York (manhattan),NY 10031
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Back On Market
Purchase Type For Sale
Square Footage 2,431 sqft
Price per Sqft $266
MLS Listing ID KEYH6278071
Bedrooms 3
Full Baths 2
Half Baths 1
Originating Board onekey2
Rental Info No
Year Built 1895
Annual Tax Amount $7,956
Property Description
Showings are by appointment - please contact the listing brokerage Harlem Lofts Inc for your private tour.This 2,431 square foot (SF) duplex commercial condominium located on the garden and basement level of 764 St. Nicholas Avenue in the Hamilton Heights/Sugar Hill Historic District is presented in outstanding condition and at a LOW PRICE PER SQUARE FOOT of $267/SF! As such, this property is optimally positioned to generate an 8.7% CAPITALIZATION RATE for the Buyer! The unit also comes with private access to a private 1000 square foot back yard, and access to the shared roof deck! While this is currently a commercial condominium, an investor can also consider reverting back to residential status for the possibility of even higher returns. To this end, architect's plans for the conversion are in the accompanying Due Diligence folder for this listing, and in the Floorplans Section. Some accompanying images are virtually staged as commercial or residential to illustrate both potential scenarios, and are marked as suchThis duplex consists of the two units on the lower two levels of the building, which have been combined. In addition to the high square footage, low price per square foot and outstanding capitalization rate, the duplex features central HVAC, and benefits from updated electrical, plumbing, water, drain and sprinkler systems, which were all replaced during the 2008 renovation. The monthly common charge is estimated at a very affordable $933, plus low monthly taxes of $663.The Hamilton Heights/Sugar Hill neighborhood is renowned for its graceful architecture and vibrant lifestyle, with nearby shopping and restaurants. For recreation, Jackie Robinson Park is just one block east, currently enjoying a $4.4 million upgrade of outstanding quality. The property is also located just a few steps from the 145th Street A/B/C/D express subway station, offering a 15-minute ride to midtown.With its exceptional condition, low price per square foot and expenses, and excellent location, this spacious property represents a great opportunity for either a commercial or residential developer or end-user! Contact the listing brokerage Harlem Lofts today for your private appointment, or book at the appointment link on this page.* Please note that this listing is for the duplex unit on the lower two floors of the building* Number of bedrooms/bathrooms is taken from the residential architect's plans - see listing* Virtual Tour and Video are also included - see above
Location
State NY
County New York (manhattan)
Rooms
Basement See Remarks
Interior
Heating Other,See Remarks
Cooling None
Flooring Hardwood
Fireplaces Type Wood Burning
Fireplace No
Appliance Washer
Exterior
Exterior Feature Garden
Parking Features Other
Utilities Available See Remarks
Building
Story 4
Sewer Other
Water Other
Level or Stories Multi/Split
Schools
Elementary Schools Contact Agent
Middle Schools Contact Agent
Others
Senior Community No
Special Listing Condition None
Pets Allowed Call