$1,750,000
Updated 11 years ago
Off Market

2074 Fifth Ave

Harlem, Manhattan | East 127th Street & East 128th Street

9 Beds5 Baths5,000 Square FeetMulti-Family

$1,750,000
floors / apts5 / 4
Lot Size19'x75'
Built Size19'x60'
ZoneR
Building TypeTownhouse
RE Taxes$48
Price Per SF
$350

Listing Features

  • Radiator

Outdoor space and views

  • Garden

Building Amenities

  • Voice Intercom

Property Description for 2074 Fifth Ave

> 3 Out Of 4 Apt Leases Are Expiring. > Seller Will Carry A Note. > Own This 5 Full Floor Townhouse On Fifth Ave Just 2 Blocks From 125 St. > Tax Exempt Until 2024+/- (16+/- More Years), Offered Is A 19+/- Wide, 5000+/- Bldg Sqft, 4 Family. > Claim 3units For Your Personal Use. > Rental Income From The Occupied Apt Helps Cover The Operating Expenses. > Features An Owners 6 Room/3 Bedroom/2 Bath Garden & Parlor duplex, And (3) Two Bedroom Floor-through Apartments Above. > Surrounded By New Condominium Developments Such As The St. Claire, 2056 Fifth Ave, And 50 W127 St.m1 Bus Stops Out Front. > 2 To 4 Blocks East And West Of The Metro North, 4, 5, 6,2 & 3 Subway Lines, As Well As E/w125 St Corridor With Shops & Restaurants. > See a Floor Plan On Our Web Site. > Basement : Gas Boiler, Hot Water Heater, Laundry Hook Up For Duplex, (5) Electric Meters, (1) Gas Meter For Heat, (1) Gas Meter For Cooking, (1) Water Meter. > Rented @ $2,090.79 Per Month Includes Two Air Conditioning Units Charge. > Lease Expires November 30, 2009. > This Unit Can Be Delivered Vacant. > Tenant Since December 2003 And 2nd Tenant In The Unit Since Townhouse Was Renovated. > Though Rent Is above $2,000, Unit Is Rent Stabilized Through J-51 Exemption Period. > Rents Include Cooking Gas & Heat. > Gut Renovation Completed In 1993+/- When 4 Family C Of O Was Obtained. > Roof Was Replaced 7+/- Years Ago. > Hot Water Heater Is4+/- Years Old.

Building Details for 2074 Fifth Ave

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1909
Floors/Apts5/4
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.23 miles
125 St
0.34 miles
135 St
0.41 miles

Railroad

Harlem-125 StMetro-North Railroad
0.24 miles

Citi Bike

5 Ave & W 126 St
0.08 miles
E 128 St & Madison Ave
0.11 miles

Contact Agents

Contact Agents

Brian Phillips
Douglas Elliman
Michelle Hazell
Douglas Elliman
Vincent Giambalvo
Douglas Elliman

Harlem | Manhattan

Quick Profile

The neighborhood called West Harlem by the locals is known as Manhattanville to neighborhood newcomers. The area is culturally diverse and might be considered a microcosm of the city as a whole. 

Columbia University has recently expanded into the area, which is attracting student residents from all over the world. Together with students from the City College of New York and young professionals fleeing higher prices in other neighborhoods, this influx of younger residents has brought with it more restaurants and bars on W 125th Street to serve this clientele. There are also new ventures, like a rock-climbing gym, to cater to the interests of these students and young professionals. At the same time, there are many small, family-owned shops and restaurants that have been anchors of the neighborhood for multiple generations.

The area has been through a housing upgrade, as older properties have been renovated and abandoned properties have been razed to make room for new development. There are still reasonably priced apartments available. Young professionals are finding that there is a certain cachet to living in West Harlem. It provides a convenient commute to the city and all of its amenities, while providing a sense of escape at the end of a long work day.

While rentals are popular with the student population, the young professionals are delighted to find pre-war brownstones, pre-war co-ops (including some income-capped HDFCs for lower- and middle-income buyers), and post-war condos that they can afford, although prices are rising. Some new low-rise developments, sporting virtual doormen and desired amenities, are cropping up.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 22959TH