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    Historic Central Harlem Apartment Building Title is generated by Realmo AI

    2064 Fifth Ave, New York, NY 10035

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    Four-story building with 9 renovated market-rate units, central air, in-unit laundry, and a common roof deck.

    Type:Multifamily
    Property size:
    9,221 SF
    Price / SF:
    $520/SF
    Added:
    Jun 15, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 9:54 am

    Property Features for 2064 Fifth Ave

    General Information

    Standard status
    Active
    Size
    9,221 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1910

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    Listing Contact
    Chris Halliburton

    Listing agent Chris Halliburton License #NY10391201685

    Listing office Compass Global Headquarters

    Listing date Jun 15, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Compass Global Headquarters

    HighLights

    • Historic 4‑story residential building built in 1910
    • 9 renovated market‑rate units with 1–4 bedroom layouts
    • Central air throughout and in‑unit laundry
    • Common roof deck plus select units with outdoor space
    • Private storage available for residents

    Overview

    This historic four-story apartment building contains nine renovated market-rate residential units with 1–4 bedroom layouts. Building features include central air and in-unit laundry. Several units offer outdoor space, and the property also includes a common roof deck plus private storage for residents.

    Located in Central Harlem on Fifth Avenue near 127th Street, the building is positioned close to restaurants and bars and near Marcus Garvey Park. Convenient train options are also described as nearby, supporting day-to-day accessibility for tenants.

    The property is being offered for sale as a residential income investment. For qualified buyers, it is also available as part of a bundle with two other Harlem residential buildings with market-rate units, each covered under a single blanket mortgage that can be assumed with the right buyer. Interested parties should inquire for the offering memorandum for additional details.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $552.2k $59.88
    − Vacancy −$27.6k −$2.99
    EGI $524.5k $56.89
    − OpEx −$236.0k −$25.60
    NOI $288.5k $31.29
    9,221 SF · lease $59.88/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $4.12M
    $3.61M – $4.81M (±1% cap)
    NOI $288,500 @ 7.0% cap · market cap 6.01%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $22.95M
    $20.08M – $26.78M (±1% cap)
    NOI $1,606,667 @ 7.0% cap · market cap 33.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Byron Lars Beauty ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9413451
    Latitude
    40.8080144

    FAQs

    What type of property is this?
    Apartment building - Four-story building with 9 renovated market-rate units, central air, in-unit laundry, and a common roof deck.
    Where is this apartment building located?
    The property is located at 2064 Fifth Ave New York, NY.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: Historic 4‑story residential building built in 1910; 9 renovated market‑rate units with 1–4 bedroom layouts; Central air throughout and in‑unit laundry
    More about this property
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