Turn-Key 14,700 Gross SF, 21 Unit Multifamily Walk-Up Building

Description:

Ariel Property Advisors presents 532 West 152nd Street, a five story multi family walk-up building located on the northside of West 152nd Street between Broadway and Amsterdam Avenue.

This turn-key property spans approximately 14,700 gross square feet and contains 21 spacious residential units. The unit mix consists of 1 one-bedroom, 8 two-bedroom and 12 threebedroom apartments, of which there are 1 rent-controlled, 2 rent-stabilized and 18 free-market units. R7-A zoning provides investors the opportunity to capitalize on an additional 1,956 gross square feet of air rights for future development.

532 West 152nd Street is situated in the heart of Hamilton Heights and is within walking distance to several institutions, eateries, and attractions such as City College of New York, Riverbank State Park, and the Hamilton Grange National Memorial. The A and C subway trains are located just three blocks north of the property at 155th Street and St. Nicholas Avenue. Additionally, the 1 subway train is a short walk south of the property at 145th Street and Broadway. Tenants also benefit from the property’s proximity via public transportation to downtown Manhattan, Columbia University Manhattanville Campus expansion, as well as the bustling 125th Street Corridor.

532 West 152nd Street presents investors a prime Hamilton Heights multifamily investment opportunity with tremendous cash flow. Please contact our sales team for further information and to arrange access, which will be provided by appointment only.

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