Estimated payment $32,206/month
Highlights
- High Ceiling
- 5-minute walk to 125 Street (2,3 Line)
- 1-minute walk to Collyer Brothers Park
- Soaking Tub
- No Heating
About This Home
Residential investment opportunity in a desirable Central Harlem location on Fifth Avenue and 127th Street near several popular restaurants, bars, shops, Morningside and Marcus Garvey Parks and convenient train options. This historic 4-story building offers 9 renovated free-market, 1-4 bed residential units. The building features central air, in-unit laundry and several units with outdoor spaces, a common roof deck and private storage. This sale is also being offered as a bundle in conjunction with two other Harlem residential buildings with free-market units, all with one blanket mortgage that can be assumed with the right buyer. Inquire for the offering memorandum with further details. Property Information:
Desirable Central Harlem location on Fifth Avenue and 127th Street near retail, Marcus Garvey Park and transportation options.
Residential building with 9 free-market units:
Units range from 1-beds to 2- and 3-bed, 2-bath layouts.
Lot Size: 25 ft x 100 ft
Building Size: 25 ft x 98 ft
Building square footage: 9,221
Electric all separately metered.
Central air for all units.
Private outdoor for several units.
Common roof deck.
Zoning: R7-2, C1
4 Stories
Year Built: 1910
Brick/masonry construction
Block & Lot: 01725-0035
Property taxes: $21,312 / Annual
Offered at: $4,800,000
Offered also in conjunction with two other Harlem residential buildings with one assumable mortgage - Properties located at 56 East 130th Street and 240 Lenox Avenue.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,312
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 25.000000x100.000000
HOA Fees
- $5,455 Monthly HOA Fees
Home Design
- Entry on the 1st floor
Interior Spaces
- 9,221 Sq Ft Home
- 4-Story Property
- High Ceiling
Bedrooms and Bathrooms
- 20 Bedrooms
- 13 Full Bathrooms
- Soaking Tub
Utilities
- No Cooling
- No Heating
Community Details
- 8 Units
- Central Harlem Subdivision
Listing and Financial Details
- Legal Lot and Block 0035 / 01725
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,316 | $173,640 | $60,156 | $113,484 |
| 2024 | $21,316 | $170,500 | $269,550 | $99,636 |
| 2023 | $19,745 | $160,959 | $80,278 | $80,681 |
| 2022 | $18,235 | $604,800 | $269,550 | $335,250 |
| 2021 | $16,928 | $615,150 | $269,550 | $345,600 |
| 2020 | $16,660 | $663,750 | $269,550 | $394,200 |
| 2019 | $16,541 | $655,200 | $269,550 | $385,650 |
| 2018 | $16,000 | $125,796 | $61,967 | $63,829 |
| 2017 | $15,367 | $120,823 | $63,318 | $57,505 |
| 2016 | $7,467 | $57,920 | $47,854 | $10,066 |
| 2015 | $4,848 | $57,920 | $44,196 | $13,724 |
| 2014 | $4,848 | $56,063 | $46,512 | $9,551 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/01/2025 09/01/25 | For Sale | $4,800,000 | -- | $521 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20045092
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