This meticulously renovated three-unit multifamily building at 9 Chittenden Avenue in New York City's Washington Heights offers a compelling value-add investment opportunity. The property, built in 1971 and completely renovated in 2024, boasts 6,696 square feet on a 3,195 square foot lot, with 5,000 square feet of net rentable space. The building features a mix of unit sizes: one studio and two three-bedroom, two-bathroom apartments, each designed with modern luxury in mind. High ceilings, gleaming hardwood floors, abundant natural light, and terraces with river views are highlights of each unit. Gourmet kitchens feature state-of-the-art appliances, quartz countertops, and custom cabinetry. Modern bathrooms are equipped with designer fixtures. The building also includes ample storage and three off-street parking spots within two garages. Located in a vibrant neighborhood with easy access to public transportation, trendy cafes, restaurants, shops, Fort Washington Park, and the Hudson River Greenway, this property is ideally situated. The building is zoned R7-2 and is delivered vacant with an adjacent lot, presenting significant potential for future development. The asking price is $3,400,000, resulting in a price per square foot of $507.77. Occupancy is available June 30, 2024. This property presents a turnkey opportunity for both owner-occupants and investors, with potential air rights adding further value.
Highlights
Meticulously renovated three-unit multifamily building in Washington Heights, NYC.
6,696 sq ft building on a 3,195 sq ft lot with 5,000 sq ft of net rentable space.
Features one studio and two three-bedroom, two-bathroom apartments with modern finishes, including gourmet kitchens and modern bathrooms.
Includes three off-street parking spaces and ample storage.
Excellent location near transportation, parks, and amenities; zoned R7-2 with adjacent vacant lot and air rights.
Asking price: $3,400,000 ($507.77/sq ft); vacant and available June 30, 2024.
Property Details
for 9 Chittenden Ave
Property type
Square Feet
6,696 SF
Year Built/Renovated
1971/2024
Stories
2
Units
3
Location Insight
City
New York
County
New York
State
New York
Latitude
40.8550105
Longitude
-73.9390887
9 Chittenden Ave, New York, New York
Nearby Similar for Sale
For Sale
$6,100,000
Midtown Mixed-Use Investment
Prime Midtown location, high NOI, strong potential.
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Contacts
Andrew Feldman
Mattie Weiser
Visit Broker Website
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9 Chittenden Ave, New York, New York, 10033
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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9 Chittenden Ave
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