$749,000
●
Condo -
Off Market
764 Saint Nicholas Avenue #C1C2
New York, NY 10031
3 Beds
3 Baths,
1
Half Bath
$4,341
Estimated Monthly
$0
HOA / Fees
4.55%
Cap Rate
About This Property
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
$308/SF! As such, this property is optimally positioned to
generate a 7.5% 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 suchThis
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 a commercial or residential developer or
end-user! Contact the listing brokerage Harlem Lofts today
for your private appointment, or book at the appointment link on
this page.* Please note that this listing is for the duplex unit on
the lower two floors of the building* Number of bedrooms/bathrooms
is taken from the residential architect's plans - see listing*
Virtual Tour and Video are also included - see above
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$663
HOA Dues
-
Year Built
1895
Last updated: 16 days ago (OneKey MLS #ONEH6278071)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 10, 2024 | No longer available | - | |
No longer available | |||
Apr 9, 2024 | Withdrawn | - | |
Withdrawn | |||
Mar 27, 2024 | Relisted | $999,000 | |
Relisted | |||
Feb 1, 2024 | No longer available | - | |
No longer available | |||
Jan 23, 2024 | Price Decreased |
$749,000
↓ $250K
(25%)
|
|
Price Decreased |
Show More
Property Highlights
Parking Details
Parking Features: Other
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 2
Interior Information
Interior Features: Multi Level
Appliances: Washer
Flooring Type: Hardwood
Room Information
Rooms: 6
Basement Information
Basement: See Remarks
Exterior Details
Property Information
Square Footage : 2431
Architectual Style: Duplex
Property Type: Residential
Property Sub Type: Condominium
Year Built: 1895
Year Built Source: Other
Building Information
Building Area Units: Square Feet
Lot Information
Lot Features: Garden
Land Information
Water Source: See Remarks
Financial Details
Tax Annual Amount: $7,956
Utilities Details
Cooling: None
Heating: Other, See Remarks
Sewer : Other
Location Details
County or Parish: Manhattan
Other Details
Selling Agency Compensation: 2.0%
On Market Date: 2020-05-15
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
-
$665,000
Nov 8, 2022
$665,000
Mar 21, 2023
$96/mo
Condo
2
Beds
2
Baths
1,249 ft²
$520/ft²
$649,000
Apr 10, 2011
-
Jul 17, 2013
$458/mo
Condo
2
Beds
1
Bath
906 ft²
$458/ft²
$415,000
Mar 31, 2017
$415,000
Feb 5, 2021
$1,121/mo
Condo
2
Beds
1
Bath
894 ft²
$850/ft²
$760,000
Feb 9, 2018
$760,000
Jul 24, 2018
$884/mo
Condo
2
Beds
2
Baths
1,249 ft²
$653/ft²
$815,000
Sep 21, 2022
$815,000
Feb 10, 2023
$903/mo
Condo
2
Beds
1
Bath
818 ft²
$830/ft²
$679,000
Sep 7, 2017
$679,000
Jun 29, 2018
$802/mo
In Contract
Co-op
3
Beds
2
Baths
1,150 ft²
$652/ft²
$749,999
Sep 29, 2022
-
$1,503/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/21/2022
|
2 Bed
|
2 Bath
|
1249 ft²
|
$849,000
2 Bed
2 Bath
1249 ft²
|
$815,000
-4.00%
02/08/2023
|
Rebecca Danchik
Coldwell Banker Warburg
|
||
05/15/2020
|
3 Bed
|
3 Bath
|
-
|
$999,000
3 Bed
3 Bath
|
-
-
|
-
|
Robert Pair
Harlem Lofts Inc.
|
|
03/14/2014
|
2 Bed
|
2 Bath
|
1116 ft²
|
$829,000
2 Bed
2 Bath
1116 ft²
|
-
-
|
-
|
ROBERT PAIR
Harlem Lofts, Inc.
|
|
09/13/2013
|
3 Bed
|
2 Bath
|
1436 ft²
|
$1,060,000
3 Bed
2 Bath
1436 ft²
|
$1,062,000
+0.19%
11/13/2013
|
-
|
ROBERT PAIR
Harlem Lofts, Inc.
|
|
04/10/2011
|
2 Bed
|
2 Bath
|
1249 ft²
|
$649,000
2 Bed
2 Bath
1249 ft²
|
$649,000
07/17/2013
|
-
|
ROBERT PAIR
Harlem Lofts, Inc.
|