Historic Brick Multifamily
2064 Fifth Avenue, New York, NY 10035
Commercial Building, Townhouse - New York, NY
Property size:
9,221 SFLot size:
0.06 AcresPrice / SF:
$520/SF- Added:
- Sep 1, 2025
- Days on Market:
- 293
- Last Refresh:
- Jun 20 at 6:06 pm
Property Features for 2064 Fifth Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 20
- Bathrooms
- 13
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Exterior features
- Garden
- Standard status
- Active
- Size
- 9,221 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Chris Halliburton (917) 518-9746
Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Sep 1, 2025
MLS# 11567148
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic 4‑story brick/masonry building built in 1910 with 9 renovated free‑market residential units
- 9‑unit mix includes 1‑bed plus 2- and 3‑bed, 2‑bath layouts
- Central air for all units and all units have in‑unit laundry
- Electric is all separately metered and each unit has private outdoor space for several units plus common roof deck
- Lot size 25 ft x 100 ft; building size 25 ft x 98 ft; building square footage 9,221
- R7‑2, C1 zoning; offered at $4,800,000 with annual property taxes of $21,312
Overview
This historic four-story brick and masonry apartment building includes nine free-market residential units. Unit mix includes 1-bedroom through 2- and 3-bedroom, 2-bath layouts. The building is served by central air for all units and features in-unit laundry. Several units offer private outdoor space, and there is also a common roof deck. Private storage is included as well. Electric service is separately metered for the units.
The property is located at 2064 Fifth Avenue in Central Harlem at the intersection of Fifth Avenue and 127th Street, near retail and transportation options. The surrounding area includes nearby Marcus Garvey Park and access to local dining and shopping.
For buyers seeking a small-to-mid size multifamily asset, the nine-unit configuration provides multiple unit sizes within a single building and includes practical resident amenities such as central air and in-unit laundry. The zoning is listed as R7-2 with C1, and the building’s electric is separately metered. This offering is also available as part of a broader bundle with two other Harlem residential buildings that share a blanket mortgage option for a qualified buyer; details are available upon request.
The property is located at 2064 Fifth Avenue in Central Harlem at the intersection of Fifth Avenue and 127th Street, near retail and transportation options. The surrounding area includes nearby Marcus Garvey Park and access to local dining and shopping.
For buyers seeking a small-to-mid size multifamily asset, the nine-unit configuration provides multiple unit sizes within a single building and includes practical resident amenities such as central air and in-unit laundry. The zoning is listed as R7-2 with C1, and the building’s electric is separately metered. This offering is also available as part of a broader bundle with two other Harlem residential buildings that share a blanket mortgage option for a qualified buyer; details are available upon request.
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
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
NOI $1,606,667 @ 7.0% cap · market cap 33.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Byron Lars Beauty ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.941422
- Latitude
- 40.808049
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Four-story brick income property with nine free-market units, central air, in-unit laundry, and a common roof deck.
Where is this apartment building located?
The property is located at 2064 Fifth Avenue 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 brick/masonry building built in 1910 with 9 renovated free‑market residential units; 9‑unit mix includes 1‑bed plus 2- and 3‑bed, 2‑bath layouts; Central air for all units and all units have in‑unit laundry
