547 WEST 159 STREET

Townhouse · Washington Heights · $705,000

PRICE REDUCTION! Showings to recommence Monday, April 22nd.

We have the canvas, you create the masterpiece.

Have you been searching for a townhouse you can make your own? Where you can fill and grow into four+ floors of space? Or perhaps you'd rather create an owner's duplex, then rent out the top floors to bring in some income? Or you're one of the many investors looking for profitable properties that seem so hard to find nowadays?

Get ready, because here's the opportunity you've been waiting for.

Built in 1905, this solid 4-story structure has more than 3200 sq ft of space + a marvelous backyard/garden for those with a green thumb or those who might want to add an extension.

Ratio of Building SF to Lot SF (FAR)
Max allowed FAR 3.44
FAR as built 2.21
Maximum usable floor area 5,071
Usable floor area 3,258

Currently, the building has been semi-renovated (including much of the plumbing!) and is at the perfect place for you to add your own special touches without having to redo much of the existing bones. The options are endless, but here are a few possibilities you can explore:

Option 1: Single Family house

Option 2: Two duplexes (one with garden)

Option 3: Garden duplex on the bottom two floors and two more 1-bedroom apartments on the top floors.

Option 4: Duplex plus one studio and two 1-bedrooms

The building is located on a great townhouse block close to Broadway in the Washington Heights section of Manhattan. If you go just a handful of blocks south into Sugar Hill, this building would be twice as expensive.

Very close to NY Presbyterian hospital and just four stops to Columbia University.

A Certificate of Non-Harrassment is already in place.

WebID: 34496 - Listing Courtesy of Sandy L Edry