Parlor-Level Residential Income
For Sale
$899,000
2119 5TH Avenue 1, Manhattan, NY 10035
A one-bedroom, floor-through home pairs a private washer and dryer with a wood-burning fireplace.
Property Size1,227 SF
Price / SF$732.68
Days on Market28
Property Features for 2119 5TH Avenue 1
General Information
Standard status
Active
Size
1,227 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,480
Amenities
fireplace
exposed brick
breakfast bar
pantry
clawfoot bathtub
heated floors
central heating and cooling
washer/dryer
private storage
virtual doorman
Building Details
Building Size
1,227 SF
Year Built
1890
Construction
brownstone
Listing Agency:
Brown Harris Stevens Residential Sales LLC
Listed By:
Jay K Overbye
(212) 381-2247
Source:
Bondnyre
Added: Oct 8
Changed: Nov 3
Last Checked: Nov 3 at 12:02PM
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 Brown Harris Stevens Residential Sales LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on the parlor level of an 1890 brownstone, this 1,227-square-foot, one-bedroom residence runs through the building. The living room features two exposures, 10-foot ceilings, floor-to-ceiling windows, exposed brick and a wood-burning fireplace. An open, windowed kitchen has a curved breakfast bar, pantry and extensive millwork. The bedroom includes a bay of windows and a full-size customized closet; its ensuite bath has a clawfoot tub. Brazilian cherry floors, central heating and cooling, a second renovated bathroom with heated floors, and an in-unit washer and dryer complete the interior.
The building provides private storage and a Butterfly MX virtual doorman. The Fifth Avenue address is near restaurants, nightlife, parks and transit, including Metro-North and the 4, 5, 6, 2 and 3 trains.
The building provides private storage and a Butterfly MX virtual doorman. The Fifth Avenue address is near restaurants, nightlife, parks and transit, including Metro-North and the 4, 5, 6, 2 and 3 trains.
Key Highlights
- 1,227‑square‑foot, one‑bedroom floor‑through residence
- Parlor‑level home in a brownstone built in 1890
- Living room with two exposures, 10‑foot ceilings and wood‑burning fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,390
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,800
$767.8K
Cap Rate 7%
$548,429
$548.4K
Cap Rate 9%
$426,556
$426.6K
Market Conditions
NOI Build-Up for 1,227 SF
Gross rent
$73.5K $59.88/SF
− Vacancy
−$3.7K −$2.99/SF
EGI
$69.8K $56.89/SF
− OpEx
−$31.4K −$25.60/SF
NOI
$38.4K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,800
Cap Rate 7%
$548,429
Cap Rate 9%
$426,556
Alternative Uses
Best Use
Apartment 5plus
$548.4K
$479.9K – $639.8K
NOI $38,390 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.05M
$2.67M – $3.56M
NOI $213,792 @ 7.0% cap · market cap 23.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
7,755
Businesses Nearby
Explore this area
Business Placement
Demographics for 10035, NY
35,980
Population
16,340
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
25,700
Density / Sq Mi
$40,556
Median Household Income
$44,042
Median Earnings
$1,283
Median Rent
$663,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom, floor-through home pairs a private washer and dryer with a wood-burning fireplace.
Where is this residential income property located?
The property is located at 2119 5TH Avenue 1 Manhattan, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 1,227‑square‑foot, one‑bedroom floor‑through residence; Parlor‑level home in a brownstone built in 1890; Living room with two exposures, 10‑foot ceilings and wood‑burning fireplace
