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.

IF you would like to receive apartment and townhouse listings in Hamilton Heights click here.
Click here to find out how much your home is worth in today's market?

Related nyc Blog estate posts:
Washington Heights 



 

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