We have been exclusively retained to arrange the sale of 1950 Amsterdam Avenue, a newly constructed six-story elevator building located in the Washington Heights neighborhood of New York. Completed in 2024, this property sits on the west side of Amsterdam Avenue between 156th and 157th Streets, just one block from the Broadway #1 train station. Property Details: Units: 15 total (14 free-market residential units and 1 commercial retail unit) 8 Studios 6 One-Bedroom Apartments Size: Approximately 12,362 gross square feet Features: Keyless entry and remote video intercom Common bike storage Boutique fitness room Landscaped backyard Oversized casement windows Rich white oak hardwood floors High ceilings Independent climate control Designer kitchens with Bertazzoni electric ranges, stainless steel appliances, and stone countertops In-unit washer-dryers Investment Highlights: Lease Status: 100% leased Rent: In-place rents average $60 per square foot . Location: Walking distance to The Met Cloisters, United Palace concert hall, Morris-Jumel Mansion, and Hispanic Society Museum & Library. The area features ample parks and green space, offering a serene residential environment with excellent public transportation options. Investment Potential: This property presents a unique opportunity for investors seeking a newly constructed, fully leased, free-market asset in a desirable location. With its modern amenities and attractive rent basis, it caters to a diverse tenant pool, including young professionals seeking convenience and charm. Washington Heights is characterized by its blend of historic charm and modern living, surrounded by fitness centers, parks, shopping, dining, and essential services such as hospitals and schools. For additional information or to arrange a viewing, please contact us.
Property Details
Property Features
Property Information:
Year Built: 1900
Living Area: 1,500 SqFt
Listing Office:
Office Name: Compass
Office Phone: (212) 913-9058
Listing Agent: Christopher Halliburton
Agent Phone: (917) 518-9746
Interior Features
Interior Information:
Flooring Type: Hardwood
Interior: High Ceilings
Bedroom and Bathroom Information:
Full Bathrooms: 14
Total Bedroom Count: 14
Exterior Features
Exterior Information:
Exterior: Courtyard
Parking Information:
Attached Garage: No
Utilities
Utilities Information:
Heating: Electric, Wall Furnace
Cooling: Wall Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $7,500,000
Price Per SqFt: $5,000/SqFt
HOA Fees:
Amount: $3035
Frequency: Monthly
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
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This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/31/2024, 5:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
P.S. 28 Wright Brothers School
475 W 155th St
Distance between this listing and this school0.09 miles
Public District Grades PK-5
6
/10
P.S. 4 Duke Ellington School
500 W 160th St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
4
/10
Whin Music Community Charter School
401 W 164th St Fl ST-4th
Distance between this listing and this school0.39 miles
Public Charter Grades KG-4
Nearby Schools
5
/10
Community Health Academy of The Heights
504 W 158th St
Distance between this listing and this school0.05 miles
Public District Grades 6-8
6
/10
PS Intermediate School 210 21st Century Academy for Community Leadership
501-503 W 152nd St
Distance between this listing and this school0.22 miles
Public Magnet Grades PK-8
5
/10
P.S. 46 Arthur Tappan School
2987 Frederick Douglass Blvd
Distance between this listing and this school0.34 miles
Public District Grades KG-8
Nearby Schools
6
/10
New Heights Academy Charter School
1818 Amsterdam Ave
Distance between this listing and this school0.31 miles
Public Charter Grades 5-12
4
/10
Gregorio Luperon High School for Science and Mathematics
501 W 165th St
Distance between this listing and this school0.44 miles
Public Magnet Grades 9-12
5
/10
Metropolitan Lighthouse Charter School
180 W 165th St
Distance between this listing and this school0.66 miles
The neighbors living near this home have an average income of $42,000. Typical income of New York, NY residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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This home is located at 1950 Amsterdam Ave in New York City, NY and zip code 10032 in the Washington Heights neighborhood. This 1,500 square foot home was built in 1900. Features: 14 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $7,500,000.
Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. The number of homes for sale in New York, NY decreased by 7.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $850,115, while the average time on the real estate market was 85 days.
From Rocket Homes Real Estate and based on county public records data.
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