764 Saint Nicholas AVE #C1/C2, New York (manhattan), NY 10031

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Arif Baksh

arif@asarealestategroup.com +1(914) 494-1549

$649,000

Est. payment - /mo

3 Beds

3 Baths

2,431 SqFt

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UPDATED:

03/14/2025 09:09 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Back On Market

Purchase Type For Sale

Square Footage 2,431 sqft

Price per Sqft $266

MLS Listing ID KEYH6278071

Bedrooms 3

Full Baths 2

Half Baths 1

Maintenance Fees $933

HOA Y/N No

Originating Board onekey2

Rental Info No

Year Built 1895

Annual Tax Amount $7,956

Property Sub-Type Condominium

Property Description

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

Location

State NY

County New York (manhattan)

Rooms

Basement See Remarks

Interior

Heating Other, See Remarks

Cooling None

Flooring Hardwood

Fireplaces Type Wood Burning

Fireplace No

Appliance Washer

Exterior

Exterior Feature Garden

Parking Features Other

Utilities Available See Remarks

Building

Story 4

Sewer Other

Water Other

Level or Stories Multi/Split

Schools

Elementary Schools Contact Agent

Middle Schools Contact Agent

Others

Senior Community No

Special Listing Condition None

Pets Allowed Call

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Listed by Harlem Lofts Inc.

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

764 Saint Nicholas AVE #C1/C2 New York (manhattan), NY 10031