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867 Riverside Drive
Washington Heights, NYC
$2,500,000 Price
9 Bedrooms   8.0 Baths
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867 Riverside Drive, Washington Heights, NYC

Welcome to 867 Riverside Drive, a 7-unit townhouse that's been off the market for nearly 20 years. Inside, you'll find a range of spacious apartments, each filled with natural light thanks to large bay windows that offer stunning views of the neighborhood. The penthouse studio...

Welcome to 867 Riverside Drive, a 7-unit townhouse that's been off the market for nearly 20 years. Inside, you'll find a range of spacious apartments, each filled with natural light thanks to large bay windows that offer stunning views of the neighborhood. The penthouse studio features a private, oversized finished roof deck, perfect for relaxing or entertaining while enjoying the city skyline. The first-floor unit boasts its own private courtyard, creating a serene outdoor space, a rare find in Manhattan. The building is currently configured with a mix of one- and two-bedroom apartments, along with several studio units, all of which are currently occupied and free-market, making it a turnkey investment opportunity. This townhouse offers an excellent return on investment, with low monthly expenses, including taxes just over $1,200 and owner expenses under $1,500. Whether you're an experienced investor looking to expand your portfolio or a newcomer to the market, this property provides steady rental income and plenty of upside potential. The building is also equipped with unused FAR, adding an extra layer of future development possibilities for the savvy investor. Located in the heart of Washington Heights, 867 Riverside Drive is perfectly situated in one of Manhattan's most vibrant and sought-after neighborhoods. The area offers a unique mix of historic charm and modern amenities, with a wide variety of dining, shopping, and cultural experiences just a short walk away. In addition, residents have easy access to public transportation, local parks, and the scenic Hudson River waterfront, making this location ideal for both living and investing. This combination of convenience, charm, and potential makes 867 Riverside Drive a truly exceptional opportunity in a prime Manhattan location.

Courtesy of Serhant

Floorplan for 867 Riverside Drive

Floorplan for 867 Riverside Drive

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Washington Heights, NYC
Type:
Price: $2,500,000
Date Listed: 4/1/2025
Last Updated: 4/18/2025
Web ID: 1109550764

Info & Amenities

Rooms: 15.0
Bedrooms: 9
Bathrooms: 8.0
Woodburning fireplaces: 1
Built: 1909
Pets allowed: Yes

Map of Area for 867 RIVERSIDE Drive

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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