703 W 171st St
New York, NY 10032
Washington Heights Apartments · Multifamily Property For Sale · 12 Units

This newly constructed building with 25’ street frontage is turn-key and boasts top of the line, luxury finishes throughout. The unit mix consists of a ground floor community facility space, 6 one-bedroom apartments and 5 two-bedroom apartments. All residential units have spacious bedrooms and living/kitchen areas with south facing, floor to ceiling windows which allow substantial light and air. Residential units on floor 2-7 feature private balconies while the two penthouses each enjoy exclusive rooftop terraces and private elevator access. The ground floor community facility space has a separate entrance from the street and high ceilings throughout, making this an ideal space for various users looking to be within walking distance to Columbia-Presbyterian and other surrounding institutions. Washington Heights has experienced a major renaissance in recent years that has been fueled by an infusion of institutional/private real estate capital, as well as the recent expansion of Columbia-Presbyterian and other institutions. In August of 2016, Columbia University unveiled the Vagelos Education Center, a new 14-story, ±100,000 SF, state-of-the-art graduate facility which is located on the immediate block of the property. The Property is also located only a few blocks north of Columbia-Presbyterian Medical Center on West 168th Street which is a major draw to the area. The renovation of the George Washington Bridge Bus Terminal has brought Marshalls, the Gap, Blink Fitness, and two new banks into the neighborhood as well. Several new upscale restaurants have opened, including one at 176th Street and Broadway, and several around New York-Presbyterian/Columbia University Medical Center.