For Sale Contact for pricing
City New York
Neighborhood Washington Heights
Zip Code 10032
Property Type Office - Flex Space
Property Tenancy Multi-Tenant
Building Class C
Date Updated 21 Nov, 2019

Allowable Usable Floor Area : 8600

Usable Floor Area as built : 1500 (1 story above grade)

FAR Residential 3.44

Far Facility 6.5

Zoned R7-2, C2-4

Lot size 25 x 100

Current Taxes: 16,700

Laundry only, no dry cleaning on site

The audited financials can be viewed contingent upon accepted offer.

The Estimates are:

gross income: $135,000 ( please note this is a mom and pop operation with upside)

Estimated Expenses:

Labor : $35,000

Insurance: $5,000

Real Estate Tax : $16,700

Oil : $3500

Gas: $8500

Electric: $4500

Garbage: $2500

Water: $10,000

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1950 Amsterdam Ave, New York, NY 10032 - Office Space

1950 Amsterdam Ave is located at 1950 Amsterdam Ave in the Washington Heights neighborhood, NY, New York, 10032.

There are 27 office spaces for lease in the Washington Heights neighborhood, totaling 219,632 Sqft of available office space. The office space availability for the 10032 zip code is 1,900 Sqft, in 1 office space. The average asking office rent per sq. ft. in Washington Heights is $61.25/sqft/year. For Class A office buildings the average office rate is $61.25/sqft/year.

In Washington Heights, there are 5 class C office buildings. At zip code level, there are 2 commercial properties, of which 2 are office buildings over 50,000 square feet.