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By Accord Real Estate Group
 

Washington Heights New York, NY

May 20th 2019
Tags: Real Estate News, New York Info, New York Real Estate

Vibrant and thriving, Washington Heights has a rich history, cultural diversity and gorgeous parks.

Washington heights is located on the North end of Manhattan from 190th Street to 150th Street. It is bounded by the Harlem River to the East and the Hudson River to the West.

Washington heights has been hailed as the new hipster haven. There are more millennials in Washington Heights than any other New York neighborhood including Bushwick, Crown heights and Williamsburg.

Washington Heights draws nearby Columbia Medical school students, professors, young professionals and young families with children.

By day, locals and tourists visit 8 parks in Washington Heights. Historic Bennett Park is located at 183rd Street and Pinehurst Avenue. The park was once home to the Munsee Native Americans and the headquarters for George Washington’s army during the revolutionary war. It is here that you can visit the highest natural point in Manhattan at 265 feet above sea level. Other must see attractions are the Little Red Lighthouse, directly under the George Washington Bridge and the High Bridge and the High Bridge Water Tower at West 172nd Street.

Throughout the year, there are festivals and cultural celebrations. The high Ecuadorian, Dominican and Mexican population means a lot of delicious food is being served in local restaurants.

Subway service consists of the 7th Avenue-Broadway Line, #1 train with stations at 157th Street, 168th Street, 181st Street and 191st Street. There is also the 8th Avenue line, A and C trains at 155th Street, 163rd Street – Amsterdam Avenue and 168th Street. The C ends at 168th Street. The A continues and stops at 175th Street, The George Washington Bridge bus Terminal, 181st Street, 190th Street and Dyckman Street.

Washington Heights has good schools. Some of them are:

Washington Heights Expedition School located at  511 West 182nd Street, serving  grades Pre K – 3 and 6-12.

Gregorio Luperon High School For Science and Mathematics located at 501 West 165th Street.

High School For Law and Public Service located at 549 Audubon Avenue.

Patria Mirabal Middle School located at 21 Jumel Place, serving grades 6-8.

P.S. 513 Castle Bridge School located at 560 West 169th Street, serving grades Pre K and K-5.

High School For Health Careers and Sciences, located at 549 Audubon Avenue.

Real Estate values in Washington Heights are higher than ever before with no end in sight to this uptrend.

Some examples of asking prices in today’s market are the following:

For Co op apartments with 2 rooms and 1 full bath, asking is $239,000, for a 5 room, 3 bedroom and 1 bath, asking is $275,000, for a 550 square foot, 4 room, 2 bedroom and 1 bath, asking is $288,000, for a 2 room studio with 1 bath, asking is $315,000, for an 805 square foot, 3.5 room, 2 bedroom and 1 bath, asking is $425,000, for a 710 square foot, 3 room, 1 bedroom and 1 bath, asking is $495,000, for a 4 room, 2 bedroom and 1 bath, asking is $670,000, for a 5 room, 2 bedroom and 1 bath, asking is $749,000, for a 1,000 square foot, 4 room with 2 bedrooms and 1 bath, asking is $799,000, for an 4.5 room, 2 bedroom and 1 bath, asking is $835,000, for a 1,250 square foot, 7 room, 2 bedroom and 2 bath, asking is $915,000, for a 1,470 square foot, 5.5 room, 3 bedroom and 2 bath, asking is $1.295M and for a 1,275 square foot, 5 room, 3 bedroom and 2 bath, asking is $1.445M.

For a Condominiums with 1,015 square feet, 2 room with 1 bedroom and 1 bath, asking is $550,000, for a 649 square foot, 3 room, 1 bedroom and 1 bath, asking is $598,000, for a 565 square foot, 3 room, 1 bedroom and 1 bath, asking is $678,500, for a 757 square foot, 4 room, 2 bedroom and 1 bath, asking is $799,000 and for a 1,049 square foot, 4 room, 2 bedroom and 1 bath, asking is $885,000.

For a 2 family home with 7 rooms, 4 bedrooms and 2 baths, asking is $1.2M, for a 2,400 square foot, 12 room, 5 bedroom and 3.5 bath, asking is $1.4M, for a 3,470 square foot, 15 room, 6 bedroom and 4 bath, asking is $1.425M, for a 3,213 square foot, 12 room, 5 bedroom and 3.5 bath, asking is $1.899M, for a 3,472 square foot, 9 room, 5 bedroom, 4.5 bath, asking is $1.998M and for a 4,552 square foot, 10 room, 6 bedroom, 4.5 bath, asking is $2.795M.

For a 3 family house with 2,052 square feet, 9 bedrooms and 4+ baths, asking is $2.150M.

For a 6 family house with 4,400 square feet, 16 rooms, 6 bedrooms and 6+ baths, asking is $3.3M.

For an 11 family house with 2,880 square feet, asking is $2.750M.

There are good restaurants in Washington Heights. Some of them are:

The Pandering Pig, located at 209 Pinehurst Avenue, serving French Cuisine.

Saggio located at 827 West 181st Street, serving Southern Italian Cuisine.

Blue Mountain Heights located at 499 West 158th Street, serving comfort food.

El Malecon located at 4141 Broadway at West 175th Street, a Latin American Restaurant.

Burger Heights located at 177 Wadsworth Avenue, between 181st Street and 182nd Street, The Shake Shack of Washington Heights.

Grito Mexican Grill located at 1555 Saint Nicholas Avenue, for top knotch food and drinks.

Las Tapas located at 187th Street serving great food.

Las Palmas located at 3891 Broadway at 161st Street, a hidden gem serving Mexican Cuisine.

Carrot Top Pastries located at 3931 Broadway at 166th Street, serving great carrot muffins and great sandwiches.

Accord Real Estate Group has been hired to exclusively represent a Development Opportunity assemblage of 3 properties on West 158th Street and Riverside Drive. For more information, visit our website accreg.com and click on featured properties, investment category for property details and pricing information.

If you are interested in selling your property or you know someone who is planning to sell their New York property, whether a single family residential property,  an apartment building, a commercial property, mixed use, multi family, coop or condo, vacant land or a development opportunity, call us. You will be very happy that you did.

 
We always bring our clients the top market price for their property and provide exceptional personalized service from initial consultation to closing.
 
Thank you,
 
Accord Real Estate Group
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