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THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. FOR COLORADO VIEWERS, INFORMATION ABOUT NON-COMMERCIAL PROPERTIES IS PROVIDED EXCLUSIVELY FOR YOUR PERSONAL, NON-COMMERCIAL USE.

575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUN 26 2025 AT 10:43 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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5 E 124TH St BUILDING

new york, NY 10035

$1,776,655

  • 8 BR
    8 BA
  • logodouglas elliman exclusive

GET IN TOUCH WITH OUR AGENTS

Offer Accepted with contracts going out.

Showing for back up only until contracts sign.

Reach out for more info if interested.

During due diligence with current offers we uncovered additional Approved Rent Increases for Capital Improvements that will boost the cash flow. also over the last couple weeks they have been working on upgrades to the market rate units which have bumped their projected market value as well. Rare that more time and more questions uncover more value but this is a lucky case for the next owner.

Sensational Deal on the Marcus!!!

Great Cap RATE over 9.6%

Please Call to request full financials

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

JOHN SANTULLI - 212-337-6180

REBNY

Source of Data: REAL ESTATE BOARD OF NEW YORK

Interested in 5 E 124TH St BUILDING?

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

©2025 The Real Estate Board of New York, Inc., All rights reserved.