2160 18' Morningside Heights - Agorafy

Report 0 Downloads 87 Views
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

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 | 212.544.9500 | arielpa.com