Charles Ruttenberg LLC, is pleased too offer the following opportunity located in the historical Hamilton Heights. 558 West 161st Street is located on the south side of west 161st Street between Broadway and Amsterdam Avenue, and contains approved buildable square footage of 5,600 square feet on a 16x99 lot(Block:02119Lot:119) with a FAR of 3.44, zoned R72.
558 West 161st Street presents the opportunity to build a seven to 10 unit boutique luxury condominium building. The lot can be delivered with approved plans for a seven unit building which you have the options of converting to condominiums, rentals, or vacant which allows the investor to create their own construction timeline.
Please note: Construction is in progress, thus the price has increased to $4,600,000, and the post-construction price is as illustrated. Construction commences during the months of March & April, 2017.
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reflect all real estate activity in the market.
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