Multifamily
590 West 174th Street
590 W 174th St, New York, NY 10033
Listing Price: $6,000,000
Investment Overview
Marcus & Millichap is pleased to offer 1270 Saint Nicholas Avenue (590 West 174th Street) located in Prime Washington Heights. Generationally owned & professionally managed, 1270 St. Nick is a corner, 47-unit, mixed-use elevator building that is being offered for sale for the first time in over in over 35 years. The building is located between West 173rd & West 174th Street with prime retail frontage on the busy retail corridor of Saint Nicholas Avenue. Spanning 47,988 square feet, the building is composed of a favorable unit mix of 12 one, 16 two, 10 three, and 6 four-bedroom apartments along with 3 commercial tenants. 9 of 44 of units benefit from preferential rents, offering potential upside to experienced operators to capitalize on an ~28,000/year delta between actual collected and DHCR registered rents. 1270 Saint Nicholas is located right off the George Washington Bridge and is conveniently located within steps of the West 145th Street A, C, B & D subway stations.?
590 West 174th Street
Investment Highlights
- Generationally owned & professionally managed, 1270 St. Nick is a corner, 47-unit elevator building that is being offered for sale for the first time in over in over 35 years.
- 1270 Saint Nick benefits from prime retail frontage on one of the most sought-after retail corridors in upper Manhattan.
- Professionally Managed & Prime Location: The building located right off the George Washington Bridge and is conveniently located within steps of the West 145th Street A,C, B & D subway stations.?
Listing Price: $6,000,000
Investment Highlights
- Generationally owned & professionally managed, 1270 St. Nick is a corner, 47-unit elevator building that is being offered for sale for the first time in over in over 35 years.
- 1270 Saint Nick benefits from prime retail frontage on one of the most sought-after retail corridors in upper Manhattan.
- Professionally Managed & Prime Location: The building located right off the George Washington Bridge and is conveniently located within steps of the West 145th Street A,C, B & D subway stations.?
Investment Overview
Marcus & Millichap is pleased to offer 1270 Saint Nicholas Avenue (590 West 174th Street) located in Prime Washington Heights. Generationally owned & professionally managed, 1270 St. Nick is a corner, 47-unit, mixed-use elevator building that is being offered for sale for the first time in over in over 35 years. The building is located between West 173rd & West 174th Street with prime retail frontage on the busy retail corridor of Saint Nicholas Avenue. Spanning 47,988 square feet, the building is composed of a favorable unit mix of 12 one, 16 two, 10 three, and 6 four-bedroom apartments along with 3 commercial tenants. 9 of 44 of units benefit from preferential rents, offering potential upside to experienced operators to capitalize on an ~28,000/year delta between actual collected and DHCR registered rents. 1270 Saint Nicholas is located right off the George Washington Bridge and is conveniently located within steps of the West 145th Street A, C, B & D subway stations.?
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