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    Apartment Building with Roof Deck Title is generated by Realmo AI

    2064 5th Avenue, New York, NY 10035

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    Claim this Listing
    For Sale
    $4,800,000

    COMMERCIAL - Other - New York, NY

    Property size:
    9,221 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $520/SF
    Added:
    Sep 1, 2025
    Days on Market:
    309
    Last Refresh:
    Jul 6 at 8:06 am

    Property Features for 2064 5th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    20
    Bathrooms
    13
    Rooms
    Bedroom 2, Bathroom 13, Bedroom 6, Bedroom 12, Bathroom 2, Bedroom 1, Bedroom 15, Bedroom 19, Bedroom 7, Bathroom 10, Bathroom 6, Bedroom 8, Bathroom 4, Bathroom 9, Bedroom 3, Bedroom 5, Bedroom 4, Bathroom 1, Bedroom 20, Bedroom 9, Bathroom 11, Bedroom 16, Bedroom 11, Bedroom 18, Bedroom 10, Bathroom 7, Bathroom 12, Bedroom 13, Bathroom 5, Bathroom 3, Bedroom 17, Bathroom 8, Bedroom 14
    Standard status
    Active
    Lot size
    0.06 Acres

    Building Details

    Architectural style
    Other

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    Chris Halliburton

    Listing agent Chris Halliburton

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

    Listing date Sep 1, 2025

    MLS# 11567148

    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 (year built 1910) with 9 renovated free‑market units
    • Unit mix includes 1‑bed, 2‑bed, and 3‑bed layouts with 2‑bath configurations
    • Central air for all units; electric service is separately metered
    • In‑unit laundry plus common roof deck and private storage
    • Several units include private outdoor space; lot size 25 ft x 100 ft and building size 25 ft x 98 ft (9,221 SF)
    • Zoned R7‑2, C1 9; offered at $4,800,000 and also available as a bundle with 56 E 130th St and 240 Lenox Ave under one assumable mortgage

    Overview

    This historic four-story brick/masonry apartment building was built in 1910 and contains nine renovated free-market residential units. The unit mix includes one-bedroom through two- and three-bedroom layouts, with two-bath configurations noted for the larger units. Building systems include central air for all units and electric that is separately metered. Residents benefit from in-unit laundry, private outdoor space for several units, common roof deck access, and private storage.

    The property is located in Central Harlem at 2064 5th Avenue near the intersection of 5th Avenue and 127th Street. The surrounding area includes nearby retail and multiple dining and shopping options, with access to Morningside and Marcus Garvey Parks and convenient train transportation options.

    For investors or owner-operators seeking a small residential income asset, this offering presents a renovated, centrally conditioned building with nine independently metered units and multiple unit sizes for tenant flexibility. The sale is also available as part of a larger Harlem residential bundle, offered in conjunction with two other properties with free-market units under one blanket mortgage that may be assumable with the right buyer; interested parties should request 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 Real Estate Agency Acupuncture Accounting Firm Nursing Home Nursing Home Carpet & Flooring Store Skin Care Clinic Restaurant Pet Store

    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 - Historic four-story building with nine renovated free-market units, central air, and in-unit laundry plus a common roof deck.
    Where is this apartment building located?
    The property is located at 2064 5th 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 (year built 1910) with 9 renovated free‑market units; Unit mix includes 1‑bed, 2‑bed, and 3‑bed layouts with 2‑bath configurations; Central air for all units; electric service is separately metered
    More about this property
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