2064 Fifth Ave
Free Market Multi Family
Marketing description
Residential investment opportunity in a desirable Central Harlem location on Fifth Avenue and 127th Street near several popular restaurants, bars, Marcus Garvey Park and convenient train options. This historic 4-story building offers 9 renovated market-rate, 1-4 bed residential units. The building features central air, in-unit laundry and several units with outdoor spaces, a common roof deck and private storage.
This sale is also being offered as a bundle in conjunction with two other Harlem residential buildings with market-rate units, all with one blanket mortgage that can be assumed with the right buyer. Inquire for the offering memorandum with further details.
Investment highlights
Property Information:
Desirable Central Harlem location on Fifth Avenue and 127th Street near retail, Marcus Garvey Park and transportation options.
Residential building with 9 market-rate units.
Lot Size: 25 ft x 100 ft
Building Size: 25 ft x 98 ft
Building square footage: 9,221
Units range from 1-beds to 2- and 3-bed, 2-bath layouts.
Electric all separately metered.
Central air for all units.
Private outdoor for several units.
Common roof deck.
Zoning: R7-2, C1
4 Stories
Year Built: 1910
Brick/masonry construction
Block & Lot: 01725-0035
Property taxes: $21,705 / Annual
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