NY > Manhattan > South Harlem
Manhattan, NY 10035,5 E 124TH Street #BUILDING
Manhattan, NY 10035,5 E 124TH Street #BUILDING
Manhattan, NY 10035,5 E 124TH Street #BUILDING
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Listing Courtesy of Douglas Elliman Real Estate
$1,977,777
Est. payment /mo
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8 Beds
8 Baths
Open Sun 10AM-3:30PM

5 E 124TH Street #BUILDING Manhattan, NY 10035

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Herman Singh

Herman Singh

+1(718) 679-7822

OPEN HOUSE

Sun May 25, 10:00am - 3:30pm

Tue May 27, 10:00am - 9:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision South Harlem

MLS Listing ID RLS20003175

Style Walk-Up

Bedrooms 8

Full Baths 8

HOA Fees $1,000/mo

HOA Y/N Yes

Year Built 1909

Property Sub-Type Triplex

Property Description

Investor Alert: 7.7% Cap - 3 Units Now Delivered Vacant! 5 East 124th Street Harlem Park Block Brownstone Now delivering $272,972/year in gross rent and positioned for even more upside, this 8-unit brownstone directly faces Marcus Garvey Park on one of Harlem's most iconic and landmarked blocks. 7.7% projected Cap Rate 3 vacant units ready for repositioning at market rents 5 renovated units blending modern upgrades with historic charm 6 stabilized + 2 market-rate units for balance and growth Low property taxes - just $11K annually 4 stories, 3,840 SF on a 20" x 100.92" lot Projected pro forma rents north of $280K Steps from Whole Foods, Trader Joe's, and the 2/3/4/5/6 trains, this asset sits at the crossroads of Harlem's cultural revival and real estate transformation. Call now for a fresh setup sheet and full income/expense breakdown. This is your chance to secure a high-performing, park-facing Harlem classic with serious long-term value.

Location

State NY

County New York

Building/Complex Name The Marcus

Rooms

Basement Other

Interior

Cooling Central Air

Fireplace No

Laundry Building Other

Exterior

Exterior Feature None, Private Outdoor Space Under 60 Sqft

View Y/N Yes

View City Lights, City, Park/Greenbelt, Panoramic

Porch None

Private Pool No

Building

Story 5

Entry Level Tri-Level

Level or Stories Tri-Level

New Construction No

Others

Ownership Rental Building

Monthly Total Fees $1, 000

Special Listing Condition Standard

Pets Allowed Building Cats OK, Building Yes, Cats OK, Yes

REBNY-VOW
RLS Data display by Coastal Property Advisors

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agent

Herman Singh

Broker

+1(718) 679-7822

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5 E 124TH Street #BUILDING