Hamilton Heights in West Harlem is built upon the original estate of Alexander Hamilton. Over the millennia, it has gone through a number of incarnations, with the latest being a rapid gentrification, which includes an influx of new residents, the establishment of more restaurants and stores, and reclamation of historic buildings. The price of Hamilton Heights condos for sale has climbed due to the demand and desirability of this part of town.
As a rapidly developing area, Hamilton Heights boasts a diverse population that includes students, young families and couples. Located between Washington Heights to the north and Manhattanville to the south, this uptown Manhattan district includes the Sugar Hill neighborhood. The Hudson River provides a western border for Hamilton Heights while St. Nicholas Square hugs the eastern edge of the area. Within these boundaries, stately brownstones, sloping green spaces and several museums offer residents a lovely landscape to call home.
If you are looking for apartments for sale in Manhattan NYC, Hamilton Heights condos for sale compare favorably with other similar real estate for sale in Manhattan. Additionally, the neighborhoods in the area have much to offer in terms of community living.
Happenings in Hamilton Heights
A major catalyst behind the growth in Hamilton Heights is the planned expansion of Columbia University. While the 17-acre adjunct campus between 125th and 133rd streets will not encroach into Hamilton Heights proper, students and faculty are likely to seek housing in the area.
The development of a residential facility on the site of the Boys and Girls Club in the heart of Hamilton Heights offers options in affordable housing along with club facilities. Renovation of the historic building, abandoned for decades, also adds to the ambiance of the neighborhood.
As the area transforms into a newly remodeled residential community, new merchants have opened shop, including several ethnic restaurants and Harlem Public, a popular neighborhood pub. Grocery stores include Fairway and Pathmark, but due to commercial space limitations, prospects for the arrival of big box stores are relatively low.
Tuned Into Transportation
Access to public transportation in Hamilton Heights is excellent, with a number of subway and bus stations serving the area. A 15-minute ride on the A and D subway routes takes residents to midtown. Train transportation is also accessible from Hamilton Heights, and cab service is available too.
Eclectic Area Schools
The area has several schools, including Hamilton Heights Public School for kindergarten through grade 5, New Heights Academy Charter School, and the High School for Mathematics, Science and Engineering. City College of New York, The Harlem School of the Arts and Boricua College offer choices in advanced education in Hamilton Heights. Grove School of Engineering, a school within City College, is located nearby.
A Community Vibe
Surrounded by historic architecture and green spaces, the residents of Hamilton Heights enjoy a sense of beauty and permanence that helps them bond as a community. Despite a diversity of ages, backgrounds and heritages, neighbors come together to work on civic projects that enhance their daily lives.
Hamilton Heights Real Estate
Available real estate in Hamilton Heights area can be scarce. With rapid gentrification and growth, available Hamilton Heights residences are perhaps even more difficult to find than most apartments for sale in Manhattan NYC.
In one year alone, median housing prices rose 17 percent to $395,000, according to 2014 data from Street Easy, making Hamilton Heights properties good investments as prices continue to rise. Also, the fact that there is little space available in the area for new construction means the resale value of Hamilton Heights condos for sale is bound to be good.
Developers are refurbishing available buildings in the effort to create more real estate for sale in Manhattan. The 710 Riverside Drive project is a case in point. Tahl Propp Equities is converting rental units into condos for new residents. A 1,300 square foot condo with three bedrooms sells for nearly $900,000 in this building. The base price for the smallest of 42 converted condos at 750 Riverside Drive is just over $300,000 for a 520-square-foot, one-bedroom residence.
Townhouses in the upscale Sugar Hill neighborhood are not for the economically challenged. Median prices for this real estate for sale in Manhattan vacillates between $1 and $2 million, and prices have risen more than 67 percent over the past decade, says the Douglas Elliman Manhattan Townhouse Report. Sugar Hill properties are smart investments for those who can afford them.
You should expect to pay a premium for apartments for sale in Manhattan NYC. However, the ability to plan for favorable resale value means you are making a wise purchase decision for your future. An apartment, condo or townhouse in Hamilton Heights also offers historic surroundings and a vibrant lifestyle. Whether you’re looking for Apartments for Rent in Hamilton Heights or real estate for sale, you’ll fall in love with our options.