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Redevelopment Opportunity in Washington Heights
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453 W 162nd St, New York, NY 10032

Buildable lot in opportunity zone with proposed multifamily plans.

Property SizeContact for details
Days on Market753

Property Features for 453 W 162nd St

General Information

Standard status Active
Property subtype Multifamily
Zoning R7-2

Building Details

Buildings 1
Listing Agency: Asset CRG Advisors, LLC
Listed By: Sadya Liberow · License #NY
Source: Crexi
Added: Jul 18, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:10AM

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 Asset CRG Advisors, LLC

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity in Washington Heights. The lot offers 9,224 square feet of buildable space as of right. Proposed plans are available for a twelve-unit elevator multifamily building. The building design includes eleven two-bedroom units and one one-bedroom apartment. The property is located in an opportunity zone.

Key Highlights

  • Redevelopment opportunity in Washington Heights
  • Boasts 9,224 square feet of buildable space
  • Proposed plans for a twelve‑unit elevator multifamily building

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Big Box & Wholesale Store HVAC Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,939
Businesses Nearby

Demographics for 10032, NY

55,170
Population
23,178
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
76%
High-School Grad
0.7 sq mi
ZIP Area
78,814
Density / Sq Mi
$56,588
Median Household Income
$40,755
Median Earnings
$1,546
Median Rent
$545,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable lot in opportunity zone with proposed multifamily plans.
Where is this residential land & home lot located?
The property is located at 453 W 162nd St New York, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Redevelopment opportunity in Washington Heights; Boasts 9,224 square feet of buildable space; Proposed plans for a twelve‑unit elevator multifamily building
(347) 762-4055 Call to check price and availability
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