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Artifact Real Estate Nears Completion On 120 Unit Rental Project In Washington Heights

Artifact Real Estate Nears Completion On 120 Unit Rental Project In Washington Heights
Traded Media
Traded Media
by Traded MediaShare
New York
Multifamily
Development Site
Residential
  • Artifact Real Estate is nearing completion on a 120-unit rental building
  • Project spans over 118000 square feet with community space and parking
  • Delivery expected in late 2026 as construction wraps up

What Near Completion Means For Leasing Timeline

A new 17-story residential building at 636 West 158th Street in Washington Heights is nearing completion, signaling that units could begin hitting the market soon. Artifact Real Estate Development Company is leading the project, with construction now in its final stages. As exterior work wraps up, the timeline points toward delivery later this year.

What The Unit Mix Means For Rental Demand

The building will deliver 120 rental units with an average size of about 927 square feet. This unit sizing targets a broad renter base, balancing affordability with livable space. In Upper Manhattan, demand for well-sized units remains strong, especially as renters seek alternatives to higher-priced core neighborhoods.

What The Amenities Mean For Tenant Appeal

The project includes over 7000 square feet of community facility space along with a parking garage and outdoor rear yard. These features add value for tenants and help the building compete with newer inventory. Parking and shared space continue to be differentiators in neighborhoods where new supply is limited.

What The Design Means For Neighborhood Fit

The building features a modern exterior with gray paneling and a structured window grid, along with architectural details like arched cutouts at the base and top. Designed by Morris Adjmi Architects, the project blends contemporary design with elements that reflect the surrounding neighborhood scale.

What Location Means for Long-Term Value

The site sits near Riverside Drive with access to the 1 subway line at 157th Street. This connectivity supports steady rental demand and accessibility to other parts of Manhattan. Washington Heights continues to attract renters looking for value, making it a stable submarket for long-term investment.

What This Project Means For Investors

This development reflects continued interest in Upper Manhattan rental housing. Mid-sized projects like this offer steady income potential without the volatility of larger luxury towers. For investors and landlords, the project highlights how well-located rental assets can deliver consistent demand and long-term value.

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