460 W 141 ST ST. 4 STORY, MULTI-FAMILY TOWNHOUSE Delivered Vacant, Hamilton Heights CUSHMAN & WAKEFIELD 1

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1 460 W 141 ST ST 4 STORY, MULTI-FAMILY TOWNHOUSE Delivered Vacant, Hamilton Heights CUSHMAN & WAKEFIELD 1

2 460 WEST 141 ST STREET - PROPERTY OVERVIEW FOR SALE: $2,895,000 BUILDING FEATURES Location: South side of W 141st St. between Amsterdam & Convent Avenues. Block & Lot Lot Dimensions: 18 x Building Dimensions: Lot Size: 18 x 68 (irregular) 1,799 sq ft (approx.) Stories: 4 Gross Square Footage: Zoning: 4,706 sq ft (approx.) R6A FAR: 3.00 Total Buildable Sq. Ft.: Available Air Rights: Historic District: 5,397 sq ft (approx.) 1,260 sq ft (approx.), subject to verification Yes (Hamilton Heights Historic District) Assessment (17/18): $94,094 (Tax Class 2A) Taxes (17/18): $12,131 Taxes Due (17/18): $11,912 PROPERTY DESCRIPTION Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 460 West 141st Street, a charming 4 story Beaux-Arts townhouse with a 4 story extension located on the south side of West 141st Street. The house is located within the heart of Hamilton Heights Historic District just a short stroll from both City College and St. Nicholas Park. 460 West 141st Street was constructed circa 1905 as one in a row of twelve alternating, red and off-white roman brick, houses spanning The house s beautiful brick façade and short stoop have been preserved along with the north facing views overlooking a quaint stretch of West 141st Street which creates the feel of community onto itself. Present ownership has meticulously maintained the property inside and out for over 25 years preserving a significant amount of detail including fireplaces with mantels, beautiful wainscoting and floors, the original wooden staircase, and a grand entrance with an ornate foyer. Features of the house include high ceilings, rich detail, roof top solar panels and sun drenched outdoor spaces protected by the low-rise nature of the surrounding townhouses to the north and south. The cellar, which is large with tall ceilings, currently serves as a combination of mechanical space, storage and a laundry room. Purchasers could easily recapture the cellar to increase the property s useable space either as recreation space connected to a ground floor apartment or a finished basement in a single family home. In addition, the property possesses approximately 1,260 square feet of excess air-rights which could be used to add a partial 5th floor. Any plans for use of the excess air-rights will be subject to Landmarks Preservation Commission approval as the property lies within the Hamilton Heights Historic District. 460 West 141st Street s distinct architectural character and tranquil location present a unique opportunity that will appeal to an array of purchasers interested in acquiring a well preserved townhouse. Purchasers will have the flexibly of operating the house as an investment property, creating a spacious owner s unit while deriving supplemental income from the remaining rentals, or undertaking a conversion to a spectacular single family home. The property will be sold on an as-is, where-is basis. *Ownership is in the process of receiving an updated Certificate of Non-Harassment (CNH). The prior CNH expired in December of East 141st Street The house was converted to Class A apartments pursuant to a temporary Certificate of Occupancy in 2002 and is presently configured as a large open living space with a full kitchen and dining room on the ground floor and 5 apartments on the 2nd through 4th floors. The apartments consist of 4 large front-back units with ensuite bathrooms on the 2nd and 3rd floors and a floor through on the 4th floor. Each of the front-back apartments are connected via a shared door which can easily be opened to restore the house to 4 floor through apartments. Both the ground and second floor rear apartments have access to private, south facing, outdoor spaces and purchasers could seek to add a 3rd space on the roof. Amsterdam Avenue East 140th Street Convent Avenue CUSHMAN & WAKEFIELD 2

3 460 WEST 141 ST STREET - PROPERTY PHOTOS CUSHMAN & WAKEFIELD 3

4 460 WEST 141 ST STREET - FLOOR PLANS SOUTH PATIO D/W KITCHEN ROOF 460 West 141st Street REF DINING ROOM STORAGE LIVING ROOM MECH ROOM W I C P R LAUNDRY 1/2 DINING AREA ROOF HATCH STORAGE FOYER METERS VESTIBULE CELLAR SECOND FLOOR THIRD FLOOR FOURTH FLOOR GARDEN FLOOR CUSHMAN & WAKEFIELD 4

5 460 WEST 141 ST STREET For more information contact: Hall Oster Senior Managing Director (212) Robert M. Shapiro Executive Managing Director (212) Eric Roth Associate (212) Teddy Galligan Associate Director (212) Tim O Brien Associate (212) tim.obrien@cushwake.com Cushman & Wakefield Copyright No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

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