HAP Investments, a New York based international real estate investment and development company announced that they have selected New Street Realty Advisors to market the retail and commercial space for HAP’s Washington Heights residential and community facility project at 446 West 167th Street.
“We are thrilled to have selected New Street Realty Advisors to market the retail and commercial space at our Washington Heights project. This space is in a unique area of Upper Manhattan, and we are confident that businesses will recognize the potential in-place value and future upside of this neighborhood and property,” said Eran Polack, CEO of HAP Investments.
446 West 167th Street will be a condominium with community facilities and retail spaces with a total gross floor area of 44,000. The building will be comprised of 39 units, approximately 5,500 square feet of usable space on the ground floor, 2,300 square feet on the second floor and 2,500 square feet on the lower lever. The space will be available for occupancy in the 4th quarter of 2016.
The building is located between Amsterdam Avenue and Edgecombe Avenue, with close proximity to New York Presbyterian Hospital, Columbia University School of Nursing, Russ Berrie Medical Science Pavilion, and Columbia University College of Physicians and Surgeons.
HAP Investments has been very active in Upper Manhattan and the East Harlem areas with properties including: 419 East 117th Street, 247-249 East 117th Street, 2338 2nd Avenue, 329 Pleasant Avenue, and 1655 Madison Avenue. In addition, the company purchased a major development site at 215-219 West 28th Street in New York City’s Chelsea neighborhood. Most recently, HAP is in contract to purchase a development site at Journal Square in Jersey City, New Jersey, to be known as “HAP Tower”