Heritage Real Estate Partners files condominium declaration for rental in Washington Heights

Heritage Real Estate Partners’s Residential Industries II LLC as sponsor filed a condominium declaration for its rental building at 531 West 159th Street with 2 units in Washington Heights. The city approved the filing on March 18, 2019 and it was recorded on September 16, 2019. One unit is a commercial condo and the other is a single condo unit composed of multiple rental apartments.
The last time the property sold was February 20, 2015, for $4,260,000.
The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 36 residential units on April 20, 2018.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 29,437 square feet. Those plans include a total of 36 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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