468 W 146th St
New York, NY 10031
Common Hamilton · Multifamily Property For Sale · 11 Units

468 West 146th Street presents a rare opportunity to acquire a 25-foot-wide, fully renovated townhouse in the heart of Sugar Hill / Hamilton Heights, offering scale, strong fundamentals, and multiple exit strategies.
Spanning over 5,000 square feet, the property is currently configured as an 11 bedroom, 7.5 bath co-living residence, delivering immediate income potential while maintaining full flexibility for future repositioning. The asset can be maintained as a high-yield shared housing investment, reconfigured as a luxury single-family residence, or adapted for live/work or alternative residential use.
With 12-foot ceilings, a finished cellar, outdoor garden, and potential for a roof deck (subject to approvals), this turnkey property combines modern infrastructure with significant value-add upside in a neighborhood experiencing continued demand from renters, end users, and investors alike.
HIGHLIGHTS
- Lot 25' wide x 100' deep
- Building: 25’ wide x 50’ deep PLUS 10' x 20' four story extension
- Over 5,000 SF across three stories plus finished cellar
- 11 bedrooms / 6 bathrooms (current configuration)
- Delivered vacant or with operations (depending on buyer strategy)
Current Use
- Operated as an 11-unit co-living residence for students and professionals
- Turn-key condition with modern systems and finishes
Value-Add Opportunities
- Continue co-living model for strong cash flow
- Convert to luxury single-family townhouse
- Reconfigure for live/work or 2-unit residential use
- Interior repositioning supported by included design renderings
- Over 1,000 SF finished cellar with natural light and garden access - Suitable for recreation space, office, gym, or tenant amenities
- Add Over 1,000 SF roof deck (subject to DOB/LPC approvals)
Capital Improvements & Systems
- 12-zone central air system
- Weil-McLain gas boiler
- AO Smith gas hot water heater
- Thermal double-pane windows and doors
- Fully insulated walls, ceilings, and floors
- Updated electrical and mechanical systems
Location
- Prime Sugar Hill / Hamilton Heights townhouse block
- Strong rental demand driven by proximity to City College, Columbia University, and transit
- Excellent access to 1/A/B/C/D trains and multiple bus lines
Neighborhood Amenities
- Riverbank State Park, St. Nicholas Park, and Jackie Robinson Park with pools, ice-rink, running tracks, and much more!?
- Hispanic Society Museum and Library
- Hamilton Grange National Memorial
- City College of NY
- Abundant nearby restaurants and cafes
- Multiple grocery store options plus great fruit stands
- Fitness and yoga studios