764 Saint Nicholas Avenue C1/C2, New York, NY 10031

For Sale

Listed by Robert D. Pair with Harlem Lofts, Inc.
$999,000 USD
  • 3 Beds
  • 3 Baths
  • Residential
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Property Summary for 764 Saint Nicholas Avenue Español?

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Description for 764 Saint Nicholas Avenue

In the current COVID-19 situation, business owners are looking for extra space to accommodate social distancing for their employees. This location perfectly fits that need. This spacious 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 at an low price per square foot of $541/SF. It is optimally positioned to generate a 5% capitalization rate, offering exceptional value. The unit also comes with an additional 1000 square foot private garden.This duplex consists of the two currently zoned commercial 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, all new plumbing and electrical systems and hardwood floors. The monthly common charge is estimated at an affordable $847, plus monthly taxes of $565.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, and is currently enjoying a $4.4 million upgrade of outstanding quality, as part of the Parks Without Borders program. The property is located just a few steps from the 145th Street A/B/C/D express subway station, which gives a 15-minute ride to midtown.This spacious duplex property represents a great opportunity, particularly in the current COVID-19 situation. Please note that this listing is for the duplex unit on the lower two floors of the building, rather than for the building in its entirety.*Virtual Tour Available
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Features for 764 Saint Nicholas Avenue

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Listing provided by Real Estate Board of New York
Copyright © 2020 Real Estate Board of New York. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Robert D. Pair

Harlem Lofts, Inc.

Demographics in 10031top


Total population 60,254
Male population 30,567
Female population 29,687
Median age 34.20


Total households 21,959
Average people per household 2.72


Total housing units 23,802
Owner occupied 2,734
Renter occupied 19,225
Median year built 0


Median household income 49,891
Average household income 71,698

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Demographic data shown in this section was gathered from the 2018 American Community Survey and is deemed reliable but is not guaranteed.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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