The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. December 18, 2014 11:15 AM
399 Manhattan Avenue, New York, NY 10026 Four (4) Story, Morningside Heights Townhouse | FOR SALE
2,160
18'
Gross SF
Morningside Heights
Lot Width
Location
PROPERTY INFORMATION Location
The subject property is located on the west side of Manhattan Avenue between West 116th and West 117th Streets
Address
399 Manhattan Avenue, New York, NY 10026
Block / Lot
1943 / 49
Stories
4
Zoning (FAR)
R7A
Lot Dimensions
18' x 50'
Lot Size
900
Building Dimensions
18' x 40'
Building Size
2,160
Sq. Ft. (Approx.)
Buildable Area
3,600
Sq. Ft. (Approx.) As-of-Right
Air Rights
1,440
Sq. Ft. (Approx.) As-of-Right
Assessment (14/15)
$9,252
Taxes (14/15)
$1,773
(4.00)
Sq. Ft. (Approx.)
INVESTMENT HIGHLIGHTS
TAX MAP
Ariel Property Advisors presents 399 Manhattan Avenue, a four (4) story townhouse located on the west side of Manhattan Avenue between West 116th and West 117th Streets. This single family building is 2,160 square feet in size and offers 1,440 square feet of air rights. The property also contains approximately 720 square feet of unfinished basement space. 399 Manhattan Avenue is located in the rapidly developing neighborhood of Morningside Heights, enjoying easy access to a variety of retailers and markets along the Frederick Douglass corridor. The property also enjoys close proximity to Morningside Park and easy access to lower Manhattan and the outer boroughs via the B and C subway trains just a block away at Frederick Douglass Boulevard and West 117th Street.
1943
Offering an accessible location with significant upside and potential for owner-user conversion, 399 Manhattan Avenue stands out as unique Morningside Heights investment opportunity.
49
Manhattan Avenue
Morningside Avenue
West 117th Street
West 116th Street
LOCATION MAP
3D VIEW
2
1 Subject Property
4
A B C
2 3 A B C
3 1 Morningside Park 2 Columbia University Metro Stations: A B C 2 3
3 Central Park 4 Marcus Garvey Park
Asking Price: $2,200,000 For More Information Please Contact Our Exclusive Sales Agents Victor Sozio
Michael A. Tortorici
Josh Berkowitz
Marko Agbaba
Matthew Gillis
212.544.9500 x.12
212.544.9500 x.13
212.544.9500 x.41
212.544.9500 x.32
212.544.9500 x.42
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