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INVESTMENT OPPORTUNITY4 AFAMILY + RETAIL SPAC 2150 Fifth Ave 6,300 SF 100% Leased Retail Building New York, NY 10027 $2,300,000 ($365.08/SF) 7.37% Cap Rate
Executive Summary
Mixed Use, Multifamily, Residental, Retail • 6,300 SF
2150 Fifth Avenue offers a rare opportunity to own a classic Harlem townhouse in a prime, high demand location.? This five-story, fully occupied walk-up features four residential units and a versatile commercial space ideal for retail or office use.? The property also includes a basement and a private backyard garden—adding both functionality and charm.?
2150 Fifth Avenue offers a rare opportunity to own a classic Harlem townhouse in a prime, high demand location.? This five-story, fully occupied walk-up features four residential units and a versatile commercial space ideal for retail or office use.? The property also includes a basement and a private backyard garden—adding both functionality and charm.?
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,300 SF
Building Class
C
Year Built
1910
Price
$2,300,000
Price Per SF
$365.08
Cap Rate
7.37%
NOI
$169,510
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
4.82
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
R7-2 - R7 Zoning is considered medium density residential. R7-2 zoning has multifamily buildings that can be low rise to somewhat taller apartment buildings
Frontage
20’ on 5th Ave
Amenities
- Bus Line
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1729-0037 | Improvements Assessment | $36,978 |
| Land Assessment | $156,752 | Total Assessment | $193,730 |
Property Taxes
Parcel Number
1729-0037
Land Assessment
$156,752
Improvements Assessment
$36,978
Total Assessment
$193,730
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INVESTMENT OPPORTUNITY4 AFAMILY + RETAIL SPAC | 2150 Fifth Ave
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