Real Estate

Hamilton Heights Garages Become Condo Buildings: Report

The two condo buildings could yield about 150 units priced between $1 and $3 million.

HAMILTON HEIGHTS, NY — Developers have scooped up two adjacent parking garages on a quiet street in the Hamilton Heights section of West Harlem with plans to convert the buildings into condominiums, according to reports.

The development firm Anbau closed on a $22.5 million sale for the garages — which are located on West 153rd Street between Broadway and Riverside Drive — Commercial Observer first reported. The south side of West 153rd street is currently occupied by low-rise buildings and the north side is occupied by the grounds of the Trinity Church Cemetery.

Anbau considers Hamilton Heights an "emerging neighborhood" for luxury real estate development its president told Commercial Observer. The two condominium buildings the firm is planning to construct on the site will likely yield 150 condo units priced between $1 and $3 million, Anbau founder and president Stephen Glascock told the news outlet.

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The garages were previously owned by Verizon, which used the site to park its service vehicles, Commercial observer reported.

Read the full Commercial Observer article here.

Find out what's happening in Harlemfor free with the latest updates from Patch.

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