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2007 5th Ave, New York, NY, 10035

4beds
5baths
--sqft
$2,750,000
--price/sqft
$17,528/moest. monthly cost
$701,120/yrincome needed

About This Home

Historic Elegance Meets Modern Luxury Opposite Marcus Garvey Park. This expertly renovated, 18-foot-wide townhouse offers a rare blend of historic charm and modern luxury, perfectly positioned adjacent to the lush greenery of Marcus Garvey Park. This house was fully restored in 2015 with updates currently being completed. Soaring 10-foot and 11-foot ceilings throughout create an airy, light-filled atmosphere across all three units. At the heart of the residence is a spectacular owner's triplex, beautifully complemented by two pristine one-bedroom rental apartments on the upper floors-offering exceptional flexibility for an owner-occupier seeking passive income or a savvy investor. Outside, a beautifully paved brick backyard serves as a private, low-maintenance sanctuary ideal for al fresco dining and quiet relaxation. The owner's triplex is delivered vacant. The two rental units can be delivered occupied or vacant. Market rate units. Situated in one of the neighborhood's most coveted pockets, the location pairs unparalleled convenience with rich cultural energy; surrounded by iconic cultural hubs like the Apollo Theater, National Black Theatre, Victoria Theatre, Schomburg Center, and Caribbean Cultural Center. Moments from Lenox Avenue's vibrant culinary boulevard, featuring neighborhood staples like Red Rooster, Musette Wine Bar, Cucina, Sottocasa, Archer & Goat, and Indian Summer. 125th Street retail corridor offers shopping conveniences like Whole Foods, Trader Joe's, Target, Banana Republic and more. Live performances are right in your backyard at Marcus Garvey Park's Richard Rodgers Amphitheater (home to the Classical Theatre of Harlem and the Charlie Parker Jazz Festival). Effortless commuting via the 125th Street Metro-North station and three major subway lines.

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
75
BikeVery Bikeable

Construction

Condition

  • Year built: 1909

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace features: Decorative
  • Fireplace: Yes

Property

Details

  • Parcel number: 017490003
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,905$166,860
Home Insurance *$1,750$21,000
Property Taxes $1,627$19,524
Electricity $246$2,954
Total$17,528$210,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$600,960/yr
40% on housing$525,840/yr
45% on housing$467,413/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10035$576
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10035$999
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$2,750,000
2024-01-02Listing removed--
2023-06-28Price change$2,999,999
2023-05-15Price change$3,099,000
2023-03-27Listed for sale$3,299,000
2021-08-13Sold$2,709,000
2021-04-20Pending sale$2,950,000
2021-02-26Price change$2,950,000
2021-01-22Price change$3,135,000
2020-10-13Price change$3,345,000
2020-08-07Listed for sale$3,495,000
2019-01-10Listing removed$3,895,000
2018-09-17Listed for sale$3,895,000
2012-09-20Sold$1,750,000
2008-09-24Sold$571,006
2001-03-28Sold$725,000

For Sale by Agent

AgentLeanne Stella
BrokerageBrown Harris Stevens

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