Listing Details:
$1,595,000 Price
Single-Family Townhouse Property Type
Washington Heights Neighborhood
10 Beds
5 Baths
3,054 Approx. Sq. Ft.
$448 RET
Key Features:
Prewar
Allows Pets
Unit Garden
Description:
Compass has been retained on an exclusive basis to arrange the sale of 517 W. 158th Street, a vacant value-add building with approved plans for a four-unit renovation as well as an additional 3,811 SF of air rights. 517 W. 158th can be sold individually or along with 515, 519, and 521 W. 158th Street -- three renovated 3-unit fully free-market buildings totaling ~10k SF with an additional ~12k SF of air rights. All together, 515-517-519-521 W. 158th Street would total 13 units over 13,309 SF with 15,783 SF of air rights.
Additionally, 517 W. 158th has an assumable loan allowing a buyer to put down less than 20% and take over a 4.72% interest loan in a difficult financial market.
Please reach out with any questions about 517 W. 158th or the portfolio as a whole.
Listing courtesy of Compass
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Washington Heights
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