Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    474 145Th St New York, NY 10031

    Sponsored
    For Sale
    $1,995,000

    Prime NYC location, high ROI potential.

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This stunning, fully renovated limestone townhouse at 474 West 145th Street in Hamilton Heights, New York, NY 10031 presents a unique investment opportunity. The 4,800 square foot mixed-use building boasts a compelling blend of commercial and residential space. Currently vacant, this Class A property offers immediate potential for rental income. The ground and basement floors house commercial space (previously a salon), while the first floor provides office space. Atop this, a beautiful duplex residential apartment occupies the upper two floors. Built in 1901 and renovated in 2011, the five-story building sits on a 1,599 square foot lot. The asking price is $1,995,000, translating to $415.62 per square foot. The pro-forma NOI is $121,011, projecting a 6.07% cap rate. The property's location offers excellent accessibility, with proximity to the A/B/C/D subway lines and various bus routes. Nearby amenities include City College, Jackie Robinson Park, and the Hudson River Greenway. The flexible layout of the first floor allows for potential conversion to residential use, increasing the property's versatility and rental income potential. This turnkey investment is ideal for owner-landlords seeking strong returns and equity growth in a vibrant, up-and-coming neighborhood. All three units are free-market.

    Property Features for 474 145Th St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,800 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1901/2011
    Buildings
    1
    Stories
    5
    Units
    3

    HighLights

    • Exceptional Hamilton Heights mixed‑use townhouse offering immediate ROI.
    • Features ground and basement commercial space (currently a salon), a first‑floor office, and a stunning two‑story residential duplex.
    • Delivered vacant, recently renovated, and in excellent condition; all units are free‑market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Uomo Barber Shop Paloma Blush Room Beauty Salon KINGKAY WAXING LOUNGE Hair Removal Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9474255
    Latitude
    40.8249141

    Nearby Similar for Sale

    • $2,200,000
      0.09 Acres

      Updated Brick Duplex with Basement

      Updated 8-bedroom duplex with finished basement in Jamaica Hills.
      8470 159Th St, Jamaica, NY 11432
      View Details
    • New
      $2,500,000
      0.13 Acres

      Flushing Two-Family Home Near Northern Blvd

      Two-family home in prime Flushing location near Northern Blvd.
      35-35 155Th St, Flushing, NY 11354
      View Details
    • $1,749,999
      0.09 Acres

      Flushing Multifamily Opportunity

      Multifamily property in Flushing, New York.
      149-27 45Th Ave, Flushing, NY 11355
      View Details
    • $1,599,000
      Pending

      Flushing Three-Family Investment Opportunity

      Spacious, well-maintained three-family property in prime Flushing location.
      162-19 Laburnum Ave, Flushing, NY 11358
      View Details
    • New
      $799,999
      0.11 Acres

      Jamaica, NY Duplex Opportunity

      Well-cared for duplex on a spacious lot in historic neighborhood.
      112-05 180Th St, Jamaica, NY 11433
      View Details
    • New
      $1,650,000
      0.06 Acres

      Jamaica Commercial Building For Sale

      4,620 SF commercial building in prime Jamaica location.
      148-11 175Th St, Jamaica, NY 11434
      View Details
    • $1,325,000

      Ridgewood Two-Family Home For Sale

      Well-maintained, move-in-ready two-family home in vibrant Ridgewood neighborhood.
      20-15 Menahan St, Flushing, NY 11385
      View Details
    • New
      $800,000
      Pending

      Jamaica Duplex with Large Lot

      Detached duplex on a large lot in Jamaica, Queens.
      16602 120Th Ave, Jamaica, NY 11434
      View Details
    • $1,300,000
      Pending

      Renovated Two-Family Home in Jamaica

      Renovated two-family home with modern amenities and ample parking.
      120-12 Long St, Jamaica, NY 11434
      View Details
    • $1,975,000
      4,014 SF

      Renovated Astoria Heights Multi-Family Home

      Renovated 4-family home in desirable Astoria Heights location.
      19-49 80Th St, Flushing, NY 11370
      View Details
    • $4,999,950

      Manhattan Multifamily Building Near Grand Central

      Multifamily property near Grand Central Terminal with redevelopment potential.
      113 E 39Th St, Manhattan, NY 10016
      View Details
    • $1,295,000
      Pending

      Two-Family Home in Jamaica, NY

      Two-family home with finished basement, driveway, and garage.
      15027 Linden Blvd, Jamaica, NY 11434
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Prime NYC location, high ROI potential.
    Where is this multifamily property located?
    The property is located at 474 145Th St New York, NY.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Exceptional Hamilton Heights mixed-use townhouse offering immediate ROI.; Features ground and basement commercial space (currently a salon), a first-floor office, and a stunning two-story residential duplex.; Delivered vacant, recently renovated, and in excellent condition; all units are free-market.
    Request Owner's contact information
    474 145Th St New York, NY 10031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    474 145Th St
    New York, NY 10031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    474 145Th St New York, NY 10031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.