Wingate Advisors is pleased to offer 2284–2290 Amsterdam Avenue , a six-story corner walk-up apartment building in Washington Heights with 100 feet of frontage along Amsterdam Avenue, directly across from High Bridge Park.
The property totals approximately 17,375 SF on a 35' × 100' lot and includes 20 residential units, 4 ground-floor retail units, and an antenna. All apartments are two-bedroom layouts, many with generous floor plans, and have been fully renovated in recent years.
The asset offers immediate upside of approximately $58,000–$64,000 annually from preferential rents and vacancies. As units turn, ownership can eliminate preferential rents and reconfigure or combine apartments to drive rents to market.
The retail component benefits from strong visibility and two-way traffic along Amsterdam Avenue, with additional value-add potential upon lease expirations.
Located minutes from the A, C, and 1 subway lines, major institutional anchors, and recently upgraded parkland, the property presents a compelling opportunity to acquire a well-located, value-add multifamily asset in Manhattan.