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Edge Property Group buys Washington Heights development site

Site is zoned R7-2

Washington Heights Development Site (Credit: Google Maps/TRD)

Edge Property Group has acquired a development site in Washington Heights from Sand Realty Group for $21 million. The site allows for the development of 119,370 residential square feet (R7-2).

Addresses of the block-through assemblage… 639 Edgecombe Avenue, 458-464 West 166th Street, and 465-469 West 165th Street. Notable nearby projects include HAP Investments’ 655 West 187th Street, Leo Tsimmer’s 206 Wadsworth Avenue, and Youngwoo & Associates’ 2420 Amsterdam Avenue, according to TRD.

Worth Noting: If Edge builds a community facility component, they can build up to 205,244 square feet.

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