May 29, 2009

Neighborhood Report: Hamilton Heights


Hamilton Grange
Hamilton Heights is located between 145th and 155th Street. Hamilton Heights in Upper Manhattan was the home of Alexander Hamilton from 1802 - 1804. 
Alexander Hamilton was the first United States Secretary of the Treasury, a Founding Father, and political philosopher. 


His Manhattan home Hamilton Grange has recently been moved from Convent Avenue to St. Nicholas Park.


Today Hamilton Heights is mostly a housing fusion of palatial 19th century brownstones, spacious pre-wars and tenement walk-ups.


Developers have converted brownstone, shells of buildings and narrow vacant lots into condominium apartments. For Manhattan home buyers, Hamilton Heights provides an opportunity to live in a neighborhood with small-scale buildings. 

Zoning does not allow for very large buildings. These apartments, typically floor-throughs and duplexes come with town house amenities, like terraces, gardens, fireplaces, and uncommonly good light for Manhattan.



A diversified mix of Buyers are coming to Hamilton Heights for the neighborhood’s history, the houses, brownstones and new condos that cost much less than they would a mile to the south.


Currently there are approximately 110 active apartment listings in Hamilton Heights. Prices range from a $125,000 for an HDFC (income cap retrictions) 2 bedroom coop to a $2,125,000 8 room four bedroom 3 bath, 2250 square foot pre-war coop.


There are currently about 45 active building listings in Hamilton Heights. Prices range from $695,000 for a 5 floor building to $3.2 million for a multi-family building.

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Related nyc Blog estate posts:
Washington Heights 



 

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