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    Central Harlem Brick Multifamily Building Title is generated by Realmo AI

    2064 Fifth Avenue, New York, NY 10035

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    Claim this Listing
    For Sale
    $4,800,000

    Commercial Building, Townhouse - New York, NY

    Property size:
    9,221 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $520/SF
    Added:
    Sep 1, 2025
    Days on Market:
    298
    Last Refresh:
    Jun 25 at 10:06 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
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

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    Contact an agent
    Chris Halliburton

    Listing agent Chris Halliburton

    Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY

    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 residential building built in 1910 at Fifth Avenue & 127th Street (Central Harlem)
    • 9 free‑market units with layouts ranging from 1‑bed to 2- and 3‑bed, each with 2‑bath configurations
    • Central air for all units and electric is separately metered
    • Common roof deck plus private outdoor space for several units
    • Lot size 25 ft x 100 ft; building size 25 ft x 98 ft; 9,221 SF
    • Zoned R7‑2, C1; offered at $4,800,000; electric separately metered; garage parking

    Overview

    Built in 1910, this four-story brick/masonry multifamily building contains nine renovated free-market residential units. The unit mix includes 1-bedroom as well as 2- and 3-bedroom layouts, with noted 2-bath configurations for the multi-bedroom units. The property is equipped with central air for all units and includes in-unit laundry. Several units also provide private outdoor space, and there is a common roof deck plus private storage.

    The building sits on a 25-foot by 100-foot lot, with a footprint of 25 feet by 98 feet and 9,221 square feet of building area. Electric service is separately metered for the units. It is zoned R7-2 with C1, and the listing identifies the property as block and lot 01725-0035. The address is 2064 Fifth Avenue, New York, NY 10035.

    For buyers, this offering provides a compact, apartment-building scale with multiple unit types and practical in-unit and shared amenities including central air, in-unit laundry, private storage, and roof deck access. The seller is also offering the property as part of a bundle alongside two other Harlem residential buildings with free-market units, all associated with one blanket mortgage that may be assumable with the right buyer. Please 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.
    Property Profile 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
    -73.941422
    Latitude
    40.808049

    FAQs

    What type of property is this?
    Apartment building - Four-story brick building with nine renovated 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 residential building built in 1910 at Fifth Avenue & 127th Street (Central Harlem); 9 free‑market units with layouts ranging from 1‑bed to 2- and 3‑bed, each with 2‑bath configurations; Central air for all units and electric is separately metered
    More about this property
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