Be.Live Washington Heights, 1950 Amsterdam Avenue
$7,500,000
($5,000 per ft2)
| 14 beds, 12+ baths | Approx. 1,500 ft2
108 days on Market
Key Details
-
Listed: Sep 24, 2024Last Price Change: ($500,000) on Dec 5Days on Market: 108Building Type: RentalNeighborhood: Washington Heights (Manhattan)
Monthly Maintenance / CC:
$3,035
Monthly Real Estate Taxes:
$1,693
Total Taxes & Fees:
$4,728
($3.15/ft2)
Est. Monthly Mortgage:
$40,241
Mortgage calculator
Total Est. Monthly Carrying Cost:
$44,969
($29.98/ft2)
Note: the above is based on a down payment of 20% ($1,500,000),
which is the minimum amount permitted by the building.
Insider Highlights
- In-Unit Washer/Dryer: Enjoy the convenience of having your own washer and dryer, providing ultimate comfort and ease in daily living.
- High Ceilings and Natural Light: Oversized casement windows and high ceilings create an airy atmosphere, flooding each residence with natural light.
- Luxurious Bathrooms: Bathrooms feature modern fixtures, lighted mirrored medicine cabinets, and elegant earth tone tiles for a spa-like experience.
- Boutique Fitness Room: Stay fit and healthy with access to a well-equipped fitness center, designed for modern urban living.
- Landscaped Backyard: A beautifully landscaped outdoor space offers a serene retreat for relaxation and social gatherings.
- Designer Kitchens: Equipped with Bertazzoni electric ranges and stainless steel appliances, these kitchens offer both style and functionality.
Description
We have been exclusively retained to arrange the sale of 1950 Amsterdam Avenue, a newly constructed six-story elevator building located in the Washington Heights neighborhood of New York. Completed in 2024, this property sits on the west side of Amsterdam Avenue between 156th and 157th Streets, just one block from the Broadway #1 train station.
Property Details:
Units: 15 total (14 free-market residential units and 1 commercial retail unit)
8 Studios
6 One-Bedroom Apartments
Size: Approximately 12,362 gross square feet
Features:
Keyless entry and remote video intercom
Common bike storage
Boutique fitness room
Landscaped backyard
Oversized casement windows
Rich white oak hardwood floors
High ceilings
Independent climate control
Designer kitchens with Bertazzoni electric ranges, stainless steel appliances, and stone countertops
In-unit washer-dryers
Investment Highlights:
Lease Status: 100% leased
Rent: In-place rents average $60 per square foot .
Location: Walking distance to The Met Cloisters, United Palace concert hall, Morris-Jumel Mansion, and Hispanic Society Museum & Library. The area features ample parks and green space, offering a serene residential environment with excellent public transportation options.
Investment Potential:
This property presents a unique opportunity for investors seeking a newly constructed, fully leased, free-market asset in a desirable location.
With its modern amenities and attractive rent basis, it caters to a diverse tenant pool, including young professionals seeking convenience and charm. Washington Heights is characterized by its blend of historic charm and modern living, surrounded by fitness centers, parks, shopping, dining, and essential services such as hospitals and schools. For additional information or to arrange a viewing, please contact us.
With its modern amenities and attractive rent basis, it caters to a diverse tenant pool, including young professionals seeking convenience and charm. Washington Heights is characterized by its blend of historic charm and modern living, surrounded by fitness centers, parks, shopping, dining, and essential services such as hospitals and schools. For additional information or to arrange a viewing, please contact us.
All content above are visible to screen reader users, so you may ignore the show more button below.
Listing courtesy of
Compass
Pricing History
Certain content is available only to members.
There's no obligation.
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
