9 Chittenden Ave New York, NY 10033

Property Details for 9 Chittenden Ave

Year built

1971

Property size

6,696 SF

Property type

Commercial real estate

Description

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.