37-Unit Hamilton Heights Elevator Building

Highlights:

• Rare elevator scale in Hamilton Heights:A 7-story, 37-unit prewar elevator building totaling approximately 39,845 SF on a 75-foot-wide lot
• Meaningful free-market component:12 of the 37 units are free market, giving ownership direct exposure to market-rate rents in a high-demand submarket
• Long-term upside on the regulated side:The building has 22 rent-stabilized units and 3 rent-controlled units, all month-to-month, which offers long-term upside as units turn over
• Large, family-sized layouts:25 of the 37 units are three- and four-bedrooms, and the average unit is about 915 SF. That fits strong renter demand for larger apartments from families, roommate groups, and students.
• Classic prewar architecture:Built in 1920, with a limestone-and-brick façade, a full cornice, and detailed window surrounds that give it strong street presence and curb appeal
• Premier block location:On the north side of West 148th Street between Amsterdam Avenue and Broadway, a tree-lined residential block in the heart of Hamilton Heights
• Exceptional transit access:The 1 train at 145th Street is about 0.2 miles away, and A/B/C/D express service is nearby at 145th Street–St. Nicholas Avenue. The site has a Walk Score of 98 and a Transit Score of 100.
• Institutional and lifestyle anchors nearby:Minutes from Columbia University's Manhattanville campus, City College, Riverside Park, and Riverbank State Park, which supports a deep tenant base of university affiliates and young professionals

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