Permits Filed: 563 West 170th Street, Washington Heights

563 West 170th Street in February 2014, photo by Christopher Bride for PropertyShark563 West 170th Street in February 2014, photo by Christopher Bride for PropertyShark

Back in the 1930s, two 19th century wood frame homes stood at 563 and 565 West 170th Street, between St Nicholas and Audobon Avenues in Washington Heights. But by the late 1970s, the two houses had been torn down and replaced by a garage and an unremarkable two-story brick building. Now a new residential building may grow at no. 563, which is mostly vacant except for the dilapidated, single-story garage.

New building applications have been filed for a six-story, 10-unit project. Those 10 apartments would be spread across 10,000 square feet of residential space, for average units of 1,000 square feet. Each floor will have two apartments, topped by a penthouse duplex with a 575-square-foot private roof deck. The building will also have a shared roof deck for the rest of the residents.

Those spacious apartments mean that condos could be in the works. They would sell quickly in a neighborhood where most apartments up for sale are pre-war co-ops, and buyers have few, if any, options for new construction condos and townhouses. And the neighborhood is still relatively affordable compared to the rest of Manhattan. You can find newly renovated condos in the northern part of the hood for $650 a square foot, or $385,000 for a small one-bedroom.

The developer is Michael Reznik of Great Neck-based Central Park Capital Group, and architect Charles Diehl, headquartered in Clinton Hill, will handle the design.

Reznik picked up the 25-foot-wide lot for $550,000 last year.

563-565 West 170th Street, photo by  Charles von Urban via the Museum of the City of New York

563-565 West 170th Street in 1932, photo by Charles von Urban via the Museum of the City of New York

Subscribe to YIMBY’s daily e-mail

Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews

TFC Horizon
.