Five-Story Mixed-Use
For Sale
$2,300,000
2150 5th Avenue New York, Manhattan, NY 10037
Commercial Sale, New York (Manhattan), NY
Property Size6,300 SF
Lot Size0.03 Acres
Price / SF$365.08
Days on Market47
Property Features for 2150 5th Avenue New York
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R7-2
Rooms
Basement
Basement
Full
Standard status
Active
APN
1729-0037
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16615
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
private backyard garden
Building Details
Year built
1900
Listing Agency:
Link NY Realty
(646) 827-2256
Listed By:
Valon Nikci · License #10491202180
(646) 321-9428
Added: Aug 31
Changed: Oct 13
Last Checked: Oct 16 at 9:06PM
MLS# 1044852
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1900, this five-story walk-up mixed-use property contains 6,300 SF with four residential units and a separate commercial area. The commercial component is suited to retail or office use, while the building also provides basement space and a private backyard garden. The property is fully occupied.
Located at 2150 5th Avenue in New York, the building is within the Harlem area of Manhattan. It sits on a 0.0327-acre lot and carries R7-2 zoning. Public water and public sewer serve the property, and cooling is provided through wall or window units.
Located at 2150 5th Avenue in New York, the building is within the Harlem area of Manhattan. It sits on a 0.0327-acre lot and carries R7-2 zoning. Public water and public sewer serve the property, and cooling is provided through wall or window units.
Key Highlights
- 6,300 SF five‑story mixed‑use building
- Four residential units plus commercial space
- Commercial area supports retail or office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$200,813
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,016,260
$4.0M
Cap Rate 7%
$2,868,757
$2.9M
Cap Rate 9%
$2,231,256
$2.2M
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$378.0K $60.00/SF
− Vacancy
−$56.7K −$9.00/SF
EGI
$321.3K $51.00/SF
− OpEx
−$120.5K −$19.13/SF
NOI
$200.8K $31.88/SF
Area
New York, NY
Vacancy
15.00%
Lease Rate
$60.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,016,260
Cap Rate 7%
$2,868,757
Cap Rate 9%
$2,231,256
Alternative Uses
Best Use
Retail
$12.67M
$11.08M – $14.78M
NOI $886,565 @ 7.0% cap · market cap 38.55%
Second Best
Mixed Use
$2.87M
$2.51M – $3.35M
NOI $200,813 @ 7.0% cap · market cap 8.73%
Theoretical Best
Specialty Retail
$15.68M
$13.72M – $18.30M
NOI $1,097,712 @ 7.0% cap · market cap 47.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
7,168
Businesses Nearby
Explore this area
Business Placement
Demographics for 10037, NY
19,670
Population
11,218
Households
1.8
Avg Household Size
39
Median Age
43%
College-Educated
86%
High-School Grad
0.2 sq mi
ZIP Area
98,350
Density / Sq Mi
$51,250
Median Household Income
$54,349
Median Earnings
$1,406
Median Rent
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied property combines residential units, commercial space, a basement, and a private backyard garden.
Where is this mixed-use property located?
The property is located at 2150 5th Avenue New York Manhattan, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 6,300 SF five‑story mixed‑use building; Four residential units plus commercial space; Commercial area supports retail or office use
