2149 2nd Ave - Apartments FOR SALE


New York, NY 10029- East Harlem
$1,700,000 USD
646-933-2608
2149 2nd Ave, New York, NY for Sale
$1,700,000 USD
Apartments - FOR SALE
1/9
null | 5.48% Cap Rate

2149 2nd Ave
New York, NY 10029
East Harlem


HIGHLIGHTS

  • 5,500 SF, 4-story Multifamily Property
  • Cash-flowing Asset with 8 Rent Stabilized Residential Units
  • Very well maintained - Long-term Ownership
  • Protected Tax Class 2B
  • New Gas Boiler installed in 2025
  • Prime East Harlem location: 2 blocks away from 6 train subway station, close proximity to 2nd Avenue Q train subway extension

OVERVIEW

Horvath & Tremblay has been retained on an exclusive basis to arrange for the sale of 2149 2nd Avenue in Manhattan, New York. The Property is a 4-story 5,500 SF multifamily building in East Harlem. The Property consists of 8 rent stabilized residential units, with one (1) 3-Bedroom/1-Bathroom unit, six (6) 1-Bedroom/1-Bathroom units, and one (1) Studio unit. The Property is situated upon a 0.05-acre parcel (25.08’ x 79’ lot totaling 1,981 SF) and has on-street parking. Additionally, the Property features 9,400 SF of available air rights. 2149 2nd Avenue is strategically positioned within Manhattan’s East Harlem neighborhood, offering immediate access to one of New York City’s most established residential and commercial corridors. The property benefits from strong connectivity throughout Manhattan and the greater New York metropolitan area via nearby access to the Second Avenue Subway (Q Line), Lexington Avenue subway lines (4/5/6), and the FDR Drive, providing convenient transportation to Midtown, Downtown Manhattan, and the outer boroughs. The surrounding area features a dense concentration of neighborhood retail, dining, healthcare institutions, and employment centers, while also offering close proximity to Central Park, Museum Mile, and the East River waterfront.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$332 USD /SF

# OF UNITS

8

PRICE/UNIT

$212,500

CAP RATE

5.48%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,981 SF

ZONING

R9A

APN/PARCEL ID

1660-0025

ASK ABOUT THIS PROPERTY

Paul MasseyHorvath & TremblayMore Info
646-933-2608

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Paul MasseyHorvath & TremblayMore Info
646-933-2608

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.