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
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.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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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