Building
| Type: | Low-rise |
|---|---|
| Era: | Post-war |
| Floors: | 5 |
Property
| Ownership: | Mixed Use |
|---|---|
| Rooms: | 30 |
| Bedrooms: | 28 BR |
| Bathrooms: | 14 |
| Pets: | Pets No |
FinancialsPrice:$6,500,000
DescriptionFOR SALE: PRIME HARLEM MIXED-USE INVESTMENT OPPORTUNITY!
2159 FIFTH AVENUE, NEW YORK, NY 10037Asking Price: $6,500,000Cap Rate: 6% (2025 Projected)
Unlock a lucrative investment in the heart of Harlem! This 10,149 SF mixed-use building offers 14 rent-stabilized apartments and a corner retail store with a basement, ensuring a diverse income stream in a rapidly growing market.
PROPERTY HIGHLIGHTS:
? High Upside Potential - Vacancy increases could drive revenue growth
? 28 Bedrooms 14 Bathrooms - Spacious 1, 2 & 3-bedroom units
? J-51 Tax Abatement - No property tax for 10 more years (Saves ~$10K annually)
? Recent Renovations - Modern appliances, upgraded heating system, and basement laundry room
? Sun-Filled Units - Unobstructed northern, southern, and western views for ample natural light
? Strong Rent Roll - Current Annual Income: $436,577 Potential: $565,609
? Mid-Rise Building - Zoned C7 with 5 stories
PRIME HARLEM LOCATION:
? Easy Access to Transit - Close to subway, commuter rail, and major bus lines
?? Thriving Neighborhood - Surrounded by cultural hotspots, shopping, and dining
? High Demand Area - Strong rental market with continued appreciation potential
This is a rare opportunity to invest in a well-maintained, income-generating property with low expenses and long-term upside in one of NYC's most dynamic neighborhoods.
Don't miss out-secure your stake in Harlem's future today!
Laundry Room
AmenitiesLaundry Room;
- Elevator
- Laundry Room
- Voice Intercom
Neighborhood
FOR SALE: PRIME HARLEM MIXED-USE INVESTMENT OPPORTUNITY!
2159 FIFTH AVENUE, NEW YORK, NY 10037Asking Price: $6,500,000Cap Rate: 6% (2025 Projected)
Unlock a lucrative investment in the heart of Harlem! This 10,149 SF mixed-use building offers 14 rent-stabilized apartments and a corner retail store with a basement, ensuring a diverse income stream in a rapidly growing market.
PROPERTY HIGHLIGHTS:
? High Upside Potential - Vacancy increases could drive revenue growth
? 28 Bedrooms 14 Bathrooms - Spacious 1, 2 & 3-bedroom units
? J-51 Tax Abatement - No property tax for 10 more years (Saves ~$10K annually)
? Recent Renovations - Modern appliances, upgraded heating system, and basement laundry room
? Sun-Filled Units - Unobstructed northern, southern, and western views for ample natural light
? Strong Rent Roll - Current Annual Income: $436,577 Potential: $565,609
? Mid-Rise Building - Zoned C7 with 5 stories
PRIME HARLEM LOCATION:
? Easy Access to Transit - Close to subway, commuter rail, and major bus lines
?? Thriving Neighborhood - Surrounded by cultural hotspots, shopping, and dining
? High Demand Area - Strong rental market with continued appreciation potential
This is a rare opportunity to invest in a well-maintained, income-generating property with low expenses and long-term upside in one of NYC's most dynamic neighborhoods.
Don't miss out-secure your stake in Harlem's future today!
Laundry Room
Laundry Room;
- Elevator
- Laundry Room
- Voice Intercom
Neighborhood
FOR SALE PRIME HARLEM MIXED USE INVESTMENT OPPORTUNITY !
DescriptionFOR SALE: PRIME HARLEM MIXED-USE INVESTMENT OPPORTUNITY!
2159 FIFTH AVENUE, NEW YORK, NY 10037Asking Price: $6,500,000Cap Rate: 6% (2025 Projected)
Unlock a lucrative investment in the heart of Harlem! This 10,149 SF mixed-use building offers 14 rent-stabilized apartments and a corner retail store with a basement, ensuring a diverse income stream in a rapidly growing market.
PROPERTY HIGHLIGHTS:
? High Upside Potential - Vacancy increases could drive revenue growth
? 28 Bedrooms 14 Bathrooms - Spacious 1, 2 & 3-bedroom units
? J-51 Tax Abatement - No property tax for 10 more years (Saves ~$10K annually)
? Recent Renovations - Modern appliances, upgraded heating system, and basement laundry room
? Sun-Filled Units - Unobstructed northern, southern, and western views for ample natural light
? Strong Rent Roll - Current Annual Income: $436,577 Potential: $565,609
? Mid-Rise Building - Zoned C7 with 5 stories
PRIME HARLEM LOCATION:
? Easy Access to Transit - Close to subway, commuter rail, and major bus lines
?? Thriving Neighborhood - Surrounded by cultural hotspots, shopping, and dining
? High Demand Area - Strong rental market with continued appreciation potential
This is a rare opportunity to invest in a well-maintained, income-generating property with low expenses and long-term upside in one of NYC's most dynamic neighborhoods.
Don't miss out-secure your stake in Harlem's future today!
Laundry Room
AmenitiesLaundry Room;
- Elevator
- Laundry Room
- Voice Intercom
Neighborhood
FOR SALE: PRIME HARLEM MIXED-USE INVESTMENT OPPORTUNITY!
2159 FIFTH AVENUE, NEW YORK, NY 10037Asking Price: $6,500,000Cap Rate: 6% (2025 Projected)
Unlock a lucrative investment in the heart of Harlem! This 10,149 SF mixed-use building offers 14 rent-stabilized apartments and a corner retail store with a basement, ensuring a diverse income stream in a rapidly growing market.
PROPERTY HIGHLIGHTS:
? High Upside Potential - Vacancy increases could drive revenue growth
? 28 Bedrooms 14 Bathrooms - Spacious 1, 2 & 3-bedroom units
? J-51 Tax Abatement - No property tax for 10 more years (Saves ~$10K annually)
? Recent Renovations - Modern appliances, upgraded heating system, and basement laundry room
? Sun-Filled Units - Unobstructed northern, southern, and western views for ample natural light
? Strong Rent Roll - Current Annual Income: $436,577 Potential: $565,609
? Mid-Rise Building - Zoned C7 with 5 stories
PRIME HARLEM LOCATION:
? Easy Access to Transit - Close to subway, commuter rail, and major bus lines
?? Thriving Neighborhood - Surrounded by cultural hotspots, shopping, and dining
? High Demand Area - Strong rental market with continued appreciation potential
This is a rare opportunity to invest in a well-maintained, income-generating property with low expenses and long-term upside in one of NYC's most dynamic neighborhoods.
Don't miss out-secure your stake in Harlem's future today!
Laundry Room
Laundry Room;
- Elevator
- Laundry Room
- Voice Intercom
Neighborhood
RLS Data display by Nest Seekers LLC.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.