711 179Th St New York, NY 10033
- Specialty properties
- 11,557 SF
Current Use by Public Records
- Congregation Shaare Hatikvah / Orthodox Synagogue
Property Details for 711 179Th St
- Year built
- 1957
- Property size
- 11,557 SF
- Property type
- Specialty properties
- Property subtype
- Churches & religious facilities
Description
This exceptional 11,557-square-foot property, located at 711 W 179th St in New York City's vibrant Washington Heights neighborhood, presents a unique investment opportunity. Currently configured as a two-story church building constructed in 1957, this property sits on a sizable 10,000-square-foot lot (100ft x 100ft) and boasts R7-2 zoning. This zoning designation unlocks significant potential for redevelopment, allowing for the construction of up to 35,000 square feet of residential space or a substantial 65,000-square-foot community facility. The asking price is $4,500,000, translating to $389.37 per square foot of building space and $4,500,000 per unit. The land value alone is assessed at $131 per square foot. Its strategic location directly across from the George Washington Bridge terminal provides unparalleled access to major transportation hubs, including subway and bus lines (A 1 Trains), connecting to both New York City and New Jersey. This prime location, combined with the substantial building size and flexible zoning, makes this property an ideal canvas for adaptive reuse or new construction, catering to developers seeking a high-impact project in a rapidly evolving urban area. The property's impressive footprint and advantageous location offer a rare chance to capitalize on the growth potential of Washington Heights.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.938
- Latitude
- 40.8494
