Investment Overview

THE OFFERING Marcus & Millichap is pleased to present 2085 Amsterdam Avenue, a prime investment opportunity in the heart of Washington Heights. Located between West 163rd and West 164th Streets, this five-story walk-up spans 15,200 square feet and consists of 14 residential units and 2 retail stores. The property has an average rent of $1,445 per unit and has been well-maintained under the same family ownership for over 20 years. Strategically positioned just a 3-minute walk from the A, C, and 1 Subway Lines at 163rd Street & Amsterdam Ave, this asset offers a strong location with excellent accessibility. Nearby neighborhood highlights include Columbia University Irving Medical Center, Highbridge Recreation Center, and Harlem River Drive. THE OPPORTUNITY The Building: The 16-unit property includes 6 two-bedroom and 8 three-bedroom apartments, along with two ground-floor retail spaces occupied by a café and hair salon. Metrics: 8.2x GRM | $184 per square foot Prime Location: 2085 Amsterdam Avenue is conveniently located near The Columbia University Irving Medical Center, The Highbridge Recreation Center, Harlem River Drive, and the 163rd Street Subway Station.