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| neighborhood profile |
| Hamilton Heights and Washington
Heights |
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The basics:
Typical residents—students, young professionals with college
loans, new parents who need an extra room—have fled uptown
for space. A lot of actor-singer-dancer-waiters live along (where
else?) Broadway. In Hamilton Heights, you’ll find one- or
two-bedroom floor-throughs in brownstones. Farther up, five- or
six-room apartments in prewar buildings, as well as Art Deco two-
and three-bedrooms, dominate. .
Boundaries: Nestled within Harlem, Hamilton Heights stretches from 123rd to 155th Sts, bordered by the Hudson River and Edgecombe Ave. Washington Heights is at the northern tip of Manhattan, from 145th St. to 200th St.
Borders: Harlem
and Inwood
Subway stops: B, C, D to 145th
Street for Hamilton Heights; 6 to Parkchester-E 177 St for Washington
Heights |
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 OUTLOOK
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What's new:
The brand-new seven-story condo building at 135th and Broadway—the
top four floors of which have balconies and views of the river—is
said to be nearly sold out. Several co-op and condo conversions
are in the works west of Broadway in Hamilton Heights, and a new
condo building is under way on Cabrini Boulevard. Developers are
also renovating several properties on Bradhurst Avenue in the 140s—an
area that Home Realty NYC broker Yolanda Chang predicts will “boom
out.”
Bargain hunting:
The operative phrase here is east of Broadway. Check
out Wadsworth and St. Nicholas Avenues, in particular, for the best
deals.
Prediction: Gentrification (two Starbucks
outlets and counting) explains the recent price increases. An off
economy could slow that process, but the area has natural advantages
over the outer boroughs that should help it maintain its appeal.
Says Klara Madlin, president of Klara Madlin Real Estate, “You
have value anywhere that you can reach by subway and don’t
have to cross a bridge.”
— Profile from the March
10, 2003 cover story of New York Magazine
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| APARTMENT
PRICES |
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TO BUY
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2001
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2003
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| Studio/1BR |
$50K-$159K |
$100K-$300K |
| 2BR |
$195K-$375K |
$250K-$450K |
| Family
Apt. |
$375K-$599K |
$325K-$750K |
| Townhouse |
$250K-$750K |
$550K-$1.3M |
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TO RENT
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2001
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2003
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| Studio/1BR |
$600-$900 |
$700-$1,800 |
| 2BR |
$1,200-$1,500 |
$1,300-$3,500 |
| Family
Apt. |
$1,500-$2,500 |
$1,500-$7,500 |
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NEIGHBORHOOD
BROKERS
• Stein-Perry
• Klara
Madlin
MANAGEMENT CO./PROPERTIES
•
K
& R Realty -- Hamilton Heights
• K & R Realty -- Washington Heights
• Cabrini
Terrace
BEST CITYWIDE BROKERS
• Brown
Harris Stevens
• Douglas Elliman
• Corcoran
• Halstead
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COMPARE THIS NEIGHBORHOOD...
How good are the schools? How many violent crimes have taken place lately? How many pothole complaints have been filed? The city of New York has put the data online. Pour over stats and pit one neighborhood against another. Just fill out your address in the "My Neighborhood" box and select the topic of interest — schools, transportation, public safety, and more.
•
NYC.gov
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RELATED
FEATURES
• Best
of New York: Above 103rd (March 25, 2002)
• Hudson
Heights: Affordable Neighborhoods
(September 17, 2001)
• Real
Estate 2001: Upper Upper West Side
(March 12, 2001)
THE SCENE
Dining
DRK:
Langoustines with coconut and ginger, quail in cognac, squid and banana
-- just take the A train to Washington Heights.
114 Dyckman St.; 212-304-1717
Genesis:
Tasty, aggressively seasoned Latino fare at rock-bottom prices.
511 West 181st Street, between Amsterdam and Audobon Aves;.
212-923-3030
More
Restaurants
Drinking
Bleu Evolution:
Eccentric yet elegant bar and restaurant serving drinks and hearty
food to an enthusiastic neighborhood crowd.
808 W. 187th St.;
212-928-6006
More
Bars
RECOMMENDED SITES
• Guide
to Inwood & Washington Heights - An extensive, annotated
directory of neighborhood resources with information on everything
from bars to housing to support groups to attractions.
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