Saturday, September 27, 2014

Premier Washington Heights development site in Upper Manhattan, NYC, listed for sale by HFF

Eric Anton
NEW YORK, NY – HFF announced it has been named to market for sale 1040 St. Nicholas Avenue, a 10,560-square-foot, vacant development site in the Washington Heights neighborhood of Upper Manhattan.

               The site is located at the crossroads of Saint Nicholas Avenue, West 163rd Street and Amsterdam Avenue on a triangular parcel within short distance of New York Presbyterian Hospital, Yeshiva University, The City College of New York, and countless shops, restaurants, and neighborhood amenities.

 The parcel is zoned R7-1, with a C1-4 commercial overlay, which allows for residential, commercial, and community facility uses.  

1040 St. Nicholas Avenue is optimally zoned and located for a residential development with a community facility component due to the proximity to various universities and medical centers.

Andrew Scandalios
               The HFF investment sales team representing the seller is led by senior managing directors Eric Anton and Andrew Scandalios. 

According to Mr. Anton, “The development of this triangular site will help to further enhance this dynamic uptown neighborhood.” 

For a complete copy of the company’s news release, please contact:                            

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 |

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