5 E 124TH St BUILDING

new york, NY 10035

$1,799,999

  • 8 BR
    8 BA
  • logodouglas 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

REBNY

Source of Data: REAL ESTATE BOARD OF NEW YORK

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