Interested in a new home? We have an apartments for you to consider, in a line that’s rarely on the market.
Looking for room? Apartment 22 is a true 7-room, 4-bedroom, 2.5-bathroom home. Tastefully renovated this year, this massive apartment in the largest line in the building is available for the first time in decades. Boasting about 1,800 square feet, the 9'6" ceilings and large windows enable you to enjoy a bright and airy atmosphere.
The large, updated kitchen, featuring brand new Samsung appliances, is perfect for serving guests or preparing a relaxing meal at home. Tucked behind the kitchen is one of the bedrooms, also suited to use as a home office (and was originally the maid’s room). Traversing the gallery from the public area, you’ll find the second and third bedrooms, a marble-decorated full bath, and a large closet. Situated away from the rest of the apartment for maximum privacy is the enormous primary suite, a complete package with a giant walk-in closet, full bathroom with porcelain tiles, and linen shelves.
The Pinehurst is a pre-war classic co-op built in 1907, with a live-in super, landscaped common outdoor spaces, storage cages, bike storage, a new gym, and the cleanest, brightest laundry room in the neighborhood. The building is immaculate and has a newly renovated elevator, a new boiler, and windows installed in 2008.
Hudson Heights is filled with awe-inspiring nature, miles of paths for biking, walking, and jogging paths, and is home to Fort Tryon Park and the Cloisters, the Italian Renaissance abbeys maintained by the Metropolitan Museum of Art.
If a creative living space isn’t enough, keep in mind that the Pinehurst features a fitness room and storage space downstairs. On top of that, the A Train station is at the end of the block—you don’t even have to cross the street to catch the express. Make this your home and you’ll have all these advantages. Educated buyers are just beginning to recognize the exceptional value and spacious layouts available in Hudson Heights. Don’t miss the opportunity to own, enjoy, and entertain in a stunning apartment of your own.
Come visit to get familiar with the neighborhood. Competition among buyers in Uptown is fiercer than in the rest of Manhattan as demand only increases for co-ops and condos from Lower WaHi to Inwood. If you’d like us to let you know when another apartment comes up for sale in The Pinehurst, send us an email.
Don’t delay: With all the demand, there isn’t enough Uptown housing, and the number of new apartments grew at the second-lowest rate in Manhattan. (Download the study, at the end of this paragraph.) Only 644 new housing units were added in the decade ending 2020, with the help of Inwood activists who have kept prices high by successfully fighting against new apartment developments. That’s good news for sellers, and if you’re one, remember that we can put a link to your listing on this page. Scroll down to fill out the form.
As has been the case in previous times of economic instability, the housing market in Washington Heights shows more resiliency than the rest of Manhattan. Thirty-five of the borough’s 37 neighborhoods saw fewer home sales in the first quarter of 2023 compared to the first quarter of 2022, including WaHi, but the decline here, 16 percent, was far lower than Harlem’s drop of 55 percent. In the Lower East Side, sales were down 57.1 percent, and TriBeCa led Manhattan’s drop: 66.1 percent fewer home sales. The full report, from Property Shark, is here.
People looking for their home to be in a welcoming spot often find our neighborhood to be the kind of place people don’t want to leave. While the pandemic year saw an exodus of urban residents across the country, Hudson Heights and Fort George, the neighborhood across Broadway, saw the smallest net loss of locals in Manhattan. Only 11 in 1,000 residents, or 1,626 people, decamped in 2020.
By comparison, Inwood and Lower WaHi lost 15 per 1,000 residents, and Sherman Creek and Upper Fort George lost 19 per 1,000. The spots with the biggest population decreases were Midtown, Lower Manhattan, and Northern Brooklyn. Read the details here, which are backed up by data from the city comptroller’s office showing the the wealthiest neighborhoods saw the greatest losses.
That’s one reason demand for apartments here remains high, with the finite number of co-ops essentially unchanged. By contrast, about a quarter of condo apartments built since 2013 remained on the market in 2019, and the number of condos being offered for rent, once unheard-of, is more than 4,600. Condos in WaHi have about 37 percent vacancy, which is tiny compared to the Lower East Side: 68 percent vacant.
Maybe you still need a few reasons to explore our neighborhood. The New York Times found some when it mentioned Hudson Heights as a place to find a great apartment, and wrote up the neighborhood too. Here’s a slide show from The Times that highlights neighborhood views.
Why buy in The Pinehurst? For one thing, our high rate of live-in owners means that the building is maintained and improved by its residents, the people who live in it every day.
For another, the Furman Center for Real Estate and Urban Policy at New York University reports that real estate value in Washington Heights surpassed the city average after the recessions of 1980-89 and 1996–2006. Only seven other neighborhoods in the five boroughs can make that claim, and not all increased as much as WaHi: up 30 percent in the five years ending September 2017, beating the average increase in Manhattan by 1.5 percentage points. In the decade ending in 2006, prices here jumped 333 percent, and in the eighties by 241 percent. (Yes, really!)
If you’re a renter now, you may save by owning your home instead of paying rent. Use this rent-or-own calculator to find out. And when you own, you get another beneft: he portion of owners’ maintenance fees that was tax deductible in 2019 was 53 percent; contact your financial adviser for details.
Compared to other neighborhoods in Manhattan, our maintenance fees are below average to boot. So if you’re looking for a property that will return value, skip the Village, the Upper West Side and Murray Hill. Visit an open house at The Pinehurst and make your investment now.
A home is more than an investment of money, of course. It’s also an investment in life, a place where you’ll know your neighbors and they’ll know you.
We nurture a sense of community with parties in the lobby and trick-or-treating for the children at Halloween. Our garden is nurtured by residents’ green thumbs. With more than three dozen apartments, storage space and a fitness center, we’re a popular destination for apartment buyers in Hudson Heights.
Board of Directors
447 Ft. Washington Owners’ Corp.
447 Ft. Washington Ave, Apt. 68
New York, NY 10033