New York, NY HAP Investments, a New York based international real estate investment and development company, has 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 St.
“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 St. will be a condominium with community facilities and retail spaces with a total gross floor area of 44,000 s/f. The building will be comprised of 39 units, approximately 5,500 s/f of usable space on the ground floor, 2,300 s/f on the second floor and 2,500 s/f on the lower lever. The space will be available for occupancy in the 4th quarter of 2016.
The building is located between Amsterdam Ave. and Edgecombe Ave., 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 St., 247-249 East 117th St., 2338 2nd Ave., 329 Pleasant Ave., and 1655 Madison Ave. In addition, the company purchased a major development site at 215-219 West 28th St. 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.”