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- LoopNet Team
5 E 124th St
New York, NY 10035
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 4,800 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 1909 |
| Zoning | R6A - Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 4,800 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1909 |
| Zoning | R6A - Residential |
AMENITIES
SITE AMENITIES
- Public Transportation
ABOUT 5 E 124TH ST , NEW YORK, NY 10035
Welcome to 5 East 124th Street an 8 unit Multi-Family perched upon Marcus Garvey Park right off of 5th avenue below 125th. This building is in a very sought after location for affluent buyers and investors 5 East 124th street can now be yours as a Single Family home, Live-plus income home, or strictly for investment. This four story brownstone is built 20 x 48 on a 101 foot lot with 3,840 square feet with an additional 1,000 square feet to use in the cellar for a rec rom, wince cellar, or to make a owners duplex or triplex, there are many options with this home. 5 east 124th has more than enough room if you want to expand on its 20 x 54 feet of garden space (1,080 square feet). This future home features hardwood floors, natural brick, A new roof, new gas heating system; in addition it is configured with seven one- bedroom apartments and one studio. Five units will be delivered vacant. This gives an excellent opportunity for owner occupancy with rentals. Rents in the neighborhood and for this location can easily pull up to $50 price per sq ft. This location is one block from Whole Foods, Harlem Shake, Sottocasa Pizzeria, Caribbean Starr, and a few steps further from Sexy Tacos, Barawine, BLVD Bistro, Settepani, Celebrity Chef Marcus Samuelsons Red Rooster, Corner Social, Starbucks, Chipotle. Retail includes Famous Designer Dapper Dans Collaboration with Luxury Lifestyle Brand GUCCI. The trains are very close such as the 2,3,4,5, and 6 trains. All reasonable offers will be considered!
PROPERTY TAXES
| Parcel Number | 1749-0006 | Improvements Assessment | $62,584 |
| Land Assessment | $54,703 | Total Assessment | $117,287 |
PROPERTY TAXES
