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33-Unit SRO Apartment Building
For Sale
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2114 5th Ave, New York, NY 10027

Vacant at delivery, this 33-unit single-room occupancy apartment building offers investor flexibility for conversion or redevelopment.

Property Size10,384 SF
Days on Market194

Property Features for 2114 5th Ave

General Information

Standard status Active
Size 10,384 SF
Class A
Property subtype Multifamily
Zoning R7-2
Investment Type Value Add

Additional Details

Multifamily Units 33

Building Details

Year Built 1910
Year Renovated 1987
Buildings 1
Stories 5
Units 33
Listing Agency: RIPCO Real Estate
Listed By: Brian Whelan · License #NY 10401277435
Source: Crexi
Added: Jan 29 Changed: Aug 8 Last Checked: Jul 20 at 10:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate

Investment Insights

Based on property information with market context.

2114–2116 5th Avenue is a 33-unit single-room occupancy (SRO) apartment building offered for sale. The asset is intended to be delivered vacant for the investor, enabling potential repositioning through conversion or redevelopment.

The property is located along Fifth Avenue in the Harlem submarket of Upper Manhattan. The area is described as having established residential density and continued demand for apartment housing, with proximity to mass transit.

As an SRO residential income building, the offering provides a straightforward platform for buyers evaluating a residential conversion strategy within their planned regulatory framework.

Key Highlights

  • 33‑unit single‑room occupancy (SRO) residential building on Fifth Avenue in the Harlem submarket
  • Delivered vacant for the investor
  • Year built: 1910

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Carpet & Flooring Store Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33
Residential units

Location Intelligence

Trade Area within ½ mile

7,755
Businesses Nearby

Demographics for 10027, NY

64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Vacant at delivery, this 33-unit single-room occupancy apartment building offers investor flexibility for conversion or redevelopment.
Where is this apartment building located?
The property is located at 2114 5th Ave New York, NY.
What are key features of this property?
This property features: 33‑unit single‑room occupancy (SRO) residential building on Fifth Avenue in the Harlem submarket; Delivered vacant for the investor; Year built: 1910
(917) 348-0242 Call to check price and availability
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