2376 Amsterdam Avenue, HOUSE
New York, NY 10033
Washington Heights

Off Market

Property Type
Estimated Size
Price per ft²
0 Bedrooms
0 Bathrooms
Home Style
TH Single Family
Common Charges
Tax Deduction
Financing Allowed
New Development
2376 Amsterdam Avenue
Building Year
Building Floors
6 floors
Building Units
Middle School
Elementary School
PS 115
Days on RealDirect

The subject Property includes three adjacent mixed-use walk-up apartment buildings located along Amsterdam Avenue between West 177th and West 178th Street. The three buildings are heated by one boiler located in 2374 which currently burns #4 oil. Recent capital improvements include roof work, pointing and a are security system which monitors all three buildings. Currently, there is a pending MCI for the roof and pointing work totaling $27,714. The combined 57 residential apartments feature efficient layouts and many enjoy sweeping park views. Ten of the units are one-bedroom, 31 are two-bedroom and 16 are three-bedroom apartments. The units average approximately 526 net square feet with below market rents of only $21.52 per net square foot in a market that can easily achieve $35. There are 8 commercial spaces renting at approximately $33.48 per square foot. Tenants benefit from the Property?s close proximity to Highbridge Park which offers many walking and biking trails, ball parks and a swimming pool. The Property is also nearby the Broadway and West 181st Street retail corridors and many other neighborhood attractions such as Yeshiva University, the Palace Theatre and the Cloisters Museum. The George Washington Bridge Bus Station which is located along West 179th Street is currently under renovation. The city plans to quadruple the size of the current complex to approximately 120,000 square feet with plans to revitalize the retail to include an array of national and local tenants. Public transportation is easily accessible via the 1 train stop at St. Nicholas Avenue and West 181st Street, the A express train stop at Fort Washington Avenue and West 175th Street and the numerous bus routes that cover the neighborhood.


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Listing History

April 11, 2015 Delisted $10,000,000
April 3, 2015 Delisted $10,000,000

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