#RLS11023057, John Caraccioli, Listing Office: Brown Harris Stevens Residential Sales LLC
764 Saint Nicholas Ave Unit C1/C2 New York Manhattan, NY 10031
Property details
About 764 Saint Nicholas Ave Unit C1/C2
Showings are by appointment - please contact the listing brokerage Harlem Lofts Inc for your private tour.This 2,431 square foot (SF) duplex commercial condominium located on the garden and basement level of 764 St. Nicholas Avenue in the Hamilton Heights/Sugar Hill Historic District is presented in outstanding condition and at a LOW PRICE PER SQUARE FOOT of $267/SF! As such, this property is optimally positioned to generate an 8.7% CAPITALIZATION RATE for the Buyer! The unit also comes with private access to a private 1000 square foot back yard, and access to the shared roof deck! While this is currently a commercial condominium, an investor can also consider reverting back to residential status for the possibility of even higher returns. To this end, architect's plans for the conversion are in the accompanying Due Diligence folder for this listing, and in the Floorplans Section. Some accompanying images are virtually staged as commercial or residential to illustrate both potential scenarios, and are marked as suchThis duplex consists of the two units on the lower two levels of the building, which have been combined. In addition to the high square footage, low price per square foot and outstanding capitalization rate, the duplex features central HVAC, and benefits from updated electrical, plumbing, water, drain and sprinkler systems, which were all replaced during the 2008 renovation. The monthly common charge is estimated at a very affordable $933, plus low monthly taxes of $663.The Hamilton Heights/Sugar Hill neighborhood is renowned for its graceful architecture and vibrant lifestyle, with nearby shopping and restaurants. For recreation, Jackie Robinson Park is just one block east, currently enjoying a $4.4 million upgrade of outstanding quality. The property is also located just a few steps from the 145th Street A/B/C/D express subway station, offering a 15-minute ride to midtown.With its exceptional condition, low price per square foot and expenses, and excellent location, this spacious property represents a great opportunity for either a commercial or residential developer or end-user! Contact the listing brokerage Harlem Lofts today for your private appointment, or book at the appointment link on this page.* Please note that this listing is for the duplex unit on the lower two floors of the building* Number of bedrooms/bathrooms is taken from the residential architect's plans - see listing* Virtual Tour and Video are also included - see above
Highlights
Summary
- MLS Number: H6278071
- MLS Name: ONEKEY2
- Office Name: Harlem Lofts Inc.
- Office Phone: (212) 280-8866
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$649,000
764 Saint Nicholas Ave Unit C1/C2
$7,707
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Price information
Property sales
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Nearby schools
4
P.S. 153 Adam Clayton Powell School
Public District PK-5
0.2 mi
•1750 Amsterdam Ave
6
Hamilton Heights School
Public District PK-5
0.2 mi
•1750 Amsterdam Ave
4
Thurgood Marshall Academy Lower School
Public District KG-5
0.3 mi
•276 W 151st St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,871. The majority of New York Manhattan, NY residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 764 Saint Nicholas Ave Unit C1/C2
This home is located at 764 Saint Nicholas Ave Unit C1/C2 in New York Manhattan, NY and zip code 10031 in the Hamilton Heights neighborhood. This 2,431 square foot home was built in 1895. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 4, 2020 and is currently priced at $649,000.
In February 2025 more than 189 listings in New York Manhattan, NY were sold above the asking price. During the same period more than 682 listings were sold at asking price, while more than 627 were sold below. The inventory of homes for sale in New York Manhattan, NY between January and February 2025 decreased by 3.1%. In February 2025, listings were on the market for 130 days. During the same period, the median list price in this real estate market was $867,439.