SOLDCondo
Harlem Children’s Zone Purchases Condo At 2035 5th Avenue From LMXD For $17.8M
2035 5th Avenue
$17,800,000
Building Size
—
Asset Type
Condo
Closing
Feb 11, 2026
About this deal
AI
A commercial condo unit located at 2035 5th Avenue in Harlem, Manhattan was involved in a sale transaction. The asset was sold for $17,800,000, with specific plans to occupy the space by the buyer.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $17,800,000
- Buyer: Harlem Children’s Zone
- Seller: LMXD
- Date of Sale: 02/11/2026
- Market: Harlem, Manhattan
The transaction took place through 2035 Fifth Acquisition LLC, representing Harlem Children’s Zone in the acquisition of the condo unit from LMXD.
On the Map
$17,800,000
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.89%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93