2064 5th Avenue New York, NY 10035
COMMERCIAL - Other - New York, NY
- Added:
- Sep 1, 2025
- Days on Market:
- 314
- Last Refresh:
- Jul 11 at 12:06 am
Property Features for 2064 5th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 20
- Bathrooms
- 13
- Rooms
- Bedroom 10, Bedroom 8, Bathroom 7, Bedroom 7, Bedroom 19, Bedroom 3, Bedroom 9, Bathroom 4, Bedroom 14, Bedroom 6, Bedroom 16, Bedroom 4, Bedroom 13, Bedroom 18, Bedroom 17, Bathroom 10, Bathroom 3, Bedroom 1, Bathroom 11, Bathroom 6, Bedroom 12, Bedroom 5, Bedroom 2, Bedroom 15, Bathroom 1, Bathroom 5, Bathroom 9, Bedroom 20, Bathroom 12, Bathroom 2, Bathroom 13, Bedroom 11, Bathroom 8
- Standard status
- Active
- Lot size
- 0.06 Acres
Building Details
- Architectural style
- Other
Listing agent Chris Halliburton
Listing office Compass 3rd floor 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date Sep 1, 2025
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.
Investment Insights
Based on property information with market context.
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.
Key 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
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 |