5 E 124TH St BUILDING
new york, NY 10035$1,799,999
- 8 BR8 BA
douglas elliman exclusive
GET IN TOUCH WITH OUR AGENTS
When Prices Drop - Returns on Investment Soar.
Now an 8.1% cap rate at the newly reduced asking price of $1.8M
The Marcus is the undisputed King of Cash Flow in Harlem
$192,905/year in gross rent
8-unit brownstone on Marcus Garvey Park
3 Units will be Delivered Vacant
Low property taxes - just $11K annually
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.
Details
Single Family Home
$2,706 Monthly Maintenance/CC
$13,572 Annual Tax
Built in 1909
MLS/Listing ID 23351716
Buyer’s Agent Compensation: 2.5%
The Marcus
5 Stories
8 Units
Amenities & Features
Bike Room
Laundry
Pets Allowed
Central Air Conditioning
Park View
Listing Courtesy of DOUGLAS ELLIMAN REAL ESTATE, JOHN SANTULLI - 212-337-6180

Source of Data: REAL ESTATE BOARD OF NEW YORK
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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