815 Riverside Drive

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815 Riverside Drive
815 Riverside Drive
Washington Heights
- 5 BED
- 7 BATH
$2,000,000

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Details

Unique opportunity to purchase a fantastic corner building in prime south Washington Heights on Riverside Drive and West 158th Street! Three of the six units are able to be delivered vacant, with the other three occupied by rent-stabilized tenants. There is the potential to convert the existing apartments into at least eight apartments, and there is additional FAR available as well. The 4384-SF building is comprised of two studios, three one bedrooms and one duplex, plus a private garage and views of the Hudson River from the fifth floor apartment and the roof. All DCHR filings are up to date and documented. The building has gas heat, with a new Weil Mclain boiler installed in 2012. This property also features a 200-gallon quick return hot water boiler and the roof was replaced in 2008. Conveniently located close to Columbia Medical School, Presbyterian Hospital, City College, Columbia University, Yeshiva University, and the A/C and 1 subways.

NOTE: Someone looking for a larger development play may be able to purchase the surrounding buildings as part of a package deal (details available upon request).

NOTE: The interior photos have been virtually altered. All furniture and personal belongings have been removed from the photos.

Listing Courtesy of Douglas Elliman Real Estate.

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Contact Agent

Adam Heller
President

adam@hellerorg.com
917-439-8300

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Property Information

PRICE
$2,000,000
PRICE PER SF
456
BEDROOMS
5
BATHROOMS
7
ASF | SM
4,384SF | 407SM
FLOORS | APTS
4
PET POLICY
Pets Allowed

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815 Riverside Drive

Contact Agent

As the President & CEO of The Heller Organization founded 25 years ago in New York City, Adam brings a wealth of knowledge from all aspects of the market including residential, commercial, and development. He has developed the expertise to facilitate every type of sale or rental transaction, including cooperatives, condominiums, townhouses, retail, office space, and development sites. His keen understanding of construction, architecture, and real estate development, aids in the process of identifying and negotiating the best possible investments for a client’s particular needs.

With over $1 Billion in closed residential and commercial transactions, Adam is continually growing within all aspects of the industry. In recent years he has had a strong emphasis on new development and has been actively involved with the leasing of both the residential and retail components of several high-profile projects throughout New York City. Adam currently manages the leasing for 20 residential projects comprising nearly 2000 high-end rental and condominium units. Additionally, Adam is currently working on several new development projects throughout Manhattan, Brooklyn and Queens, where his firm is actively involved throughout the pre-development phase through the marketing, sales and leasing.

Adam is also a co-managing partner of RAS Realty Partners which owns and operates approximately 2000 multi-family residential units throughout the southeast. RAS Realty Partners is headquartered in Boca Raton, Florida, and brings many decades of collective experience in commercial and residential real estate to every opportunity, specializing in the acquisition, development and operation of multi-family properties across the United States.

Prior to establishing The Heller Organization, Adam worked for Newmark Knight Frank in Downtown Manhattan. He currently serves as an active member of the Real Estate Board of New York, and holds a Masters Degree from Columbia University's Real Estate Development Program and an undergraduate degree in Information Technology from Syracuse University.

Adam Heller

President

adam@hellerorg.com

p: 917-439-8300