453 W 162nd St, New York, NY, 10032
About This Home
Summary: The subject property is an exceptional vacant lot poised for redevelopment, ideally suited for residential purposes. With an as of right total of 9,224 square feet of buildable space. The current ownership has proposed plans in for a twelve-unit elevator multifamily building featuring eleven two-bedroom units and one one-bedroom apartment. Prime Location: This development property represents a compelling investment opportunity in Washington Heights, celebrated for its historic charm and cultural vibrancy. It is an appealing choice for astute investors, being just a 2-minute walk to the Morris-Jumel Mansion, a historical museum, and only 0.5 miles from Columbia University. Appreciation Potential: Introducing an exceptional development opportunity strategically positioned in the dynamic heart of Washington Heights, Manhattan. This prime site boasts immediate access to essential amenities, including a supermarket just 400 feet away and the Washington Heights library. Located adjacent to the Morris-Jumel Community Garden, protected under the 2002 Settlement negotiated by the Bloomberg administration, this prime location ensures the lot enjoys abundant natural light and ventilation. Excellent Connectivity: the property is located just half a block from the C subway line at West 163rd Street and Saint Nicholas Avenue, and 155 St (A, C) subway station. this property offers unparalleled transportation convenience. Proximity to Amenities: Experience unparalleled convenience at this strategically positioned multifamily property, offering discerning investors effortless access to local amenities and shops. Nearby gems include the Washington Heights Library for a quiet retreat, City Drug & Surgical just a 2-minute walk away from the property, Super Foodtown of Washington Heights, C Town Supermarkets, Planet Fitness, TD Bank, McDonald’s, and Dunkin'. Collectively, these amenities enhance the overall living experience, fostering a holistic and connected community.
Getting Around
Walker's Paradise
Rider's Paradise
Very BikeableSchools
Construction
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Interior Area
- Total structure area: 2,306
- Total interior livable area: 2,306 sqft
Property
Details
- Parcel number: 021100056
- Special condition: Resale
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,067 | $72,804 |
| Home Insurance * | $420 | $5,040 |
| Property Taxes | $709 | $8,508 |
| Electricity | $381 | $4,573 |
| Total | $7,577 | $90,924 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-02-24 | Price change | $1,199,999 |
| 2024-10-07 | Price change | $1,399,000 |
| 2024-07-18 | Listed for sale | $1,600,000 |
| 2015-04-09 | Listing removed | $925,000 |
| 2015-04-05 | Listed for sale | $925,000 |
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