Two Mixed-Use Properties

For Sale - 306 West 142nd Street & 531 West 159th Street- Manhattan - Harlem

$47,500,000

Net Operating Income: Contact Agent

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Key Details

Property Type
Mixed Use
Neighborhood
Harlem
Property Dimensions
50.0 x 150.0
Property Area
75,977 sq.ft.
Total Units:
74
Stories:
7
NOI
Contact Agent
Price
$47,500,000

Listing Description

Avison Young, as exclusive listing agent, is pleased to offer for sale 306 West 142nd Street and 531 West 159th Street. These two mixed-use properties are located in the Hamilton Heights and Washington Heights neighborhoods of Manhattan and are comprised of 72 residential units and two community facility units spanning 75,977± gross square feet. Ownership has recently completed construction at both addresses including state-of-the-art finishes, such as white oak hardwood flooring, Caesarstone countertops, custom cabinetry and Italian porcelain tiles. Amenities include bike rooms, laundry rooms and private terraces.

The Properties are located in neighborhoods experiencing an increase in residential demand. Excellent transportation access and significant public and private investment in the neighborhood enhance the long-term desirability for residents and retailers.

Property Details

Block/Lot:
2043/2118/19/52
Lot Dimensions
100.0 x 199.84
Lot Area
9,992 sq.ft
Zoning:
R7-2
FAR as Built:
4.8
Max FAR:
6.5
Allan FriesAvison Young
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Sales & Transactions

AddressSale PriceSale DateProperty Type
2034 3 AVENUE$2,000,00007/26/2018Mixed Use
349 LENOX AVENUE$1,380,26307/03/2018Mixed Use
3430 BROADWAY$26,200,00006/26/2018Mixed Use
2280 7TH AVENUE$3,050,00006/18/2018Mixed Use
2266 1 AVENUE$2,369,57506/14/2018Mixed Use
54 WEST 125 STREET$26,500,00006/08/2018Mixed Use
2204 FREDERICK DOUGLASS B$3,855,00006/05/2018Mixed Use
455 LENOX AVENUE$4,150,00005/29/2018Mixed Use
2288 ADAM C POWELL BLVD$1,854,45004/10/2018Mixed Use
100 EAST 117 STREET$1,400,00003/21/2018Mixed Use