Active

2115 Fifth Avenue

New York City NY, 10035

$2,500,000


$2,631.58 per sqft

Active

7 Beds

4 Baths

950 sqft

Residential

Built in 1900

Welcome to a great Investment Opportunity in the Heart of Central Harlem - 2115 5th Avenue!

A golden opportunity awaits developers and budding real estate investors in Central Harlem's vibrant landscape. 2115 5th Avenue, a majestic four-family brownstone, presents a canvas of potential and prosperity for those with a vision.

This four family brownstone comprises of three expansive 3-bedroom apartments and one 1-bedroom apartment. Each unit bathes in radiant natural light, thanks to the spacious layouts and well-placed windows. These sun-drenched living spaces provide a cheerful and welcoming atmosphere. A private backyard invites you to create an oasis of tranquility, perfect for gardening, relaxation, or hosting outdoor gatherings.

Every apartment within this brownstone gem is meticulously maintained and move-in ready. This makes it a hassle-free investment opportunity for both experienced investors and newcomers to the real estate world. Unlike rent-regulated properties, 2115 5th Avenue offers the flexibility to collect market rents for each unit. Maximize your returns and seize the potential of a steadily growing Harlem rental market.

The property's value goes beyond its already substantial 3,603 square feet of space. With an additional 3,398 square feet of air rights, the canvas for development and expansion is vast. The possibilities are only limited by your imagination given the length of the lot is 110 feet deep, which goes beyond the regular 100 feet lots in the neighborhood.

Situated on the iconic 5th Avenue, between E129th and E130th streets, this 19-foot wide brownstone offers an unbeatable location within Central Harlem. Enjoy easy access to the area's rich history, culture, and amenities.

This is your chance to own not only a piece of Harlem's past but also a stake in its vibrant future. Whether you're a seasoned developer looking to expand your portfolio or a newcomer eager to embark on a real estate journey, 2115 5th Avenue is your ticket to success.

Don't miss the opportunity to explore this unique property. Contact us today to schedule a viewing and take the first step toward realizing your real estate dreams in Central Harlem. Your vision and this property are a match made in real estate heaven!

RPLU-850722742840

MLS ID

April 12, 2024

Listed

September 16, 2024

Updated

Map

2115 Fifth Avenue
New York City NY, 10035

Interior Features

Total Stories

3


Bedrooms

7


Total Bathrooms

4


Full Bathrooms

4


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres


Architectual Style

Walk-Up

Other Property Details

Taxes

$5,208


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

NewYork


Pool

No


Zoning

R7-2

Listing History

Date

Event

Price

2/26/2024

Price change

$2,500,000

-29%

Listed by Isaiah Ajala with Brown Harris Stevens Brooklyn LLC
Listing Contact: (719) 399-4166 

The IDX display contains information sourced from the Real Estate Board of New York as of 9/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 9/16/2024 at 2:55 PM UTC

 

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