Apartment Building with Roof Deck

2064 5th Avenue New York, NY 10035

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:
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

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.


Investment Insights

Based on property information with market context.

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.

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
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 Analytics

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 Carpet & Flooring Store Accounting Firm Skin Care Clinic Nursing Home Nursing Home Auto Parts Store Veterinary Clinic

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

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
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