Four-Bedroom Residential Income
447 Fort Washington Avenue 22, Manhattan, NY 10033
For Sale
$899,000
Prewar cooperative residence with renovated kitchen and baths, generous room proportions, and access to building storage, fitness, and laundry facilities.
Property Size1,800 SF
Price / SF$499.44
Days on Market124
Property Features for 447 Fort Washington Avenue 22
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Amenities
bike and private storage
fitness room
laundry
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Kelly Cole
(917) 575-8375
Source:
Miradorrealestate
Added: Jul 9
Changed: Nov 3
Last Checked: Nov 8 at 2:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This 1,800-square-foot, seven-room residence in a 1910 prewar cooperative includes four bedrooms, a formal dining room, and two-and-a-half baths. The living and dining rooms feature oversized windows, 9'6" ceilings, hardwood floors, skim-coated walls, and original early-1900s details. A recently renovated windowed kitchen offers white shaker cabinetry, granite counters, and Samsung appliances. The former maid's room is configured as a home office with a renovated en suite half bath, while the primary suite includes a walk-in closet and a second renovated full bath with linen storage.
The Pinehurst provides a resident Superintendent, bike storage, private storage, a fitness room, and laundry facilities; pets are welcome. The property is located at 447 Fort Washington Avenue in Hudson Heights, near Ft. Tryon Park, the Cloisters, Hudson River bicycling trails, and the Little Red Lighthouse. The M4 and M98 express buses are nearby, and the A express train provides access to Midtown in 20 minutes. Cafes, restaurants, and neighborhood services are also close by.
The Pinehurst provides a resident Superintendent, bike storage, private storage, a fitness room, and laundry facilities; pets are welcome. The property is located at 447 Fort Washington Avenue in Hudson Heights, near Ft. Tryon Park, the Cloisters, Hudson River bicycling trails, and the Little Red Lighthouse. The M4 and M98 express buses are nearby, and the A express train provides access to Midtown in 20 minutes. Cafes, restaurants, and neighborhood services are also close by.
Key Highlights
- 1,800‑square‑foot, seven‑room residence with 4 bedrooms and 2.5 baths
- 1910 prewar cooperative with resident Superintendent
- Renovated windowed kitchen with white shaker cabinetry, granite counters, and Samsung appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,317
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,340
$1.1M
Cap Rate 7%
$804,529
$804.5K
Cap Rate 9%
$625,744
$625.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$107.8K $59.88/SF
− Vacancy
−$5.4K −$2.99/SF
EGI
$102.4K $56.89/SF
− OpEx
−$46.1K −$25.60/SF
NOI
$56.3K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,126,340
Cap Rate 7%
$804,529
Cap Rate 9%
$625,744
Alternative Uses
Best Use
Apartment 5plus
$804.5K
$704.0K – $938.6K
NOI $56,317 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,089 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,140
Businesses Nearby
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Business Placement
Demographics for 10033, NY
50,085
Population
21,338
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
83,475
Density / Sq Mi
$75,585
Median Household Income
$41,655
Median Earnings
$1,742
Median Rent
$709,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Prewar cooperative residence with renovated kitchen and baths, generous room proportions, and access to building storage, fitness, and laundry facilities.
Where is this residential income property located?
The property is located at 447 Fort Washington Avenue 22 Manhattan, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,800‑square‑foot, seven‑room residence with 4 bedrooms and 2.5 baths; 1910 prewar cooperative with resident Superintendent; Renovated windowed kitchen with white shaker cabinetry, granite counters, and Samsung appliances
