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764 Saint Nicholas Ave # C1 | New York NY | 7092269346

This listing was posted on ListedBuy.

$849,000

764 SAINT NICHOLAS AVE # C1, New York, NY 10031 Condominium For Sale MLS#

Price:
$849,000
BR/BA:
3 BR, 3 BA
Location:
764 SAINT NICHOLAS AVE # C1, New York, NY
Description:

This 2,431 square foot (SF) duplex commercial condominium located on the garden and basement level of 764 St. Nicholas Avenue in the Hamilton Heights/Sugar Hill Historic District is presented in outstanding condition and at a LOW PRICE PER SQUARE FOOT of $349/SF! As such, this property is optimally positioned to generate a 6.6% CAPITALIZATION RATE for the Buyer! The unit also comes with private access to a private 1000 square foot back yard, and access to the shared roof deck! While this is currently a commercial condominium, an investor can also consider reverting back to residential status for the possibility of even higher returns. To this end, architect's plans for the conversion are in the accompanying Due Diligence folder for this listing, and in the Floorplans Section. Some accompanying images are virtually staged as commercial or residential to illustrate both potential scenarios, and are marked as such This duplex consists of the two units on the lower two levels of the building, which have been combined. In addition to the high square footage, low price per square foot and outstanding capitalization rate, the duplex features central HVAC, and benefits from updated electrical, plumbing, water, drain and sprinkler systems, which were all replaced during the 2008 renovation. The monthly common charge is estimated at a very affordable $933, plus low monthly taxes of $663. The Hamilton Heights/Sugar Hill neighborhood is renowned for its graceful architecture and vibrant lifestyle, with nearby shopping and restaurants. For recreation, Jackie Robinson Park is just one block east, currently enjoying a $4.4 million upgrade of outstanding quality. The property is also located just a few steps from the 145th Street A/B/C/D express subway station, offering a 15-minute ride to midtown. With its exceptional condition, low price per square foot and expenses, and excellent location, this spacious property represents a great opportunity for either. Still available at ListedBuy!
Property Type:
Condos, Townhouses & Apts for Sale
Sq feet:
2,431 sq. ft.
Amenities:
Patio/Deck
For sale by:
By Owner
December 2 2023 on ListedBuy
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More About this Listing: 764 SAINT NICHOLAS AVE # C1, New York, NY 10031 Condominium For Sale MLS#
764 SAINT NICHOLAS AVE # C1, New York, NY 10031 Condominium For Sale MLS# is a Three Bedroom 3.5 Bath Condos for Sale at 764 Saint Nicholas Ave # C1 in New York NY. Find other listings like 764 SAINT NICHOLAS AVE # C1, New York, NY 10031 Condominium For Sale MLS# and listings near 764 Saint Nicholas Ave # C1 by searching Oodle Classifieds for Three Bedroom 3.5 Bath Condos for Sale in New York NY.