The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

2064 Fifth Avenue

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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.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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