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273 Lenox Avenue New York, NY 10027

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For Sale
$2,950,000

Commercial Building, Low-rise - New York, NY

Property size:
4,860 SF
Price / SF:
$606/SF
Added:
Jan 30, 2026
Days on Market:
82
Last Refresh:
Apr 22 at 12:06 am

Property Features for 273 Lenox Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking features
Garage
Exterior features
Terrace
Fireplace
1
Standard status
Active
Size
4,860 SF

Taxes and HOA fees

Tax Annual Amount
0

Utilities

Heating system
Fireplace(s)

Building Details

Architectural style
Other

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Listing Contact
John McGuinness

Listing agent John McGuinness

Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY

Listing date Jan 30, 2026

MLS# 11667023 Listing URL

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Harlem Mixed-Use Building For Sale

Located in the heart of Harlem, just off West 125th Street, 273 Lenox Avenue is a mixed-use building positioned within a C4-4 zoning district. The property is steps from the 2/3 express trains, Trader Joe's, Whole Foods, and numerous neighborhood retailers and restaurants. The building contains approximately 3,778 square feet above grade, plus a dry, high-ceiling cellar of approximately 1,082 square feet. The 17' x 75' lot is built nearly full on the ground level, maximizing commercial utility, and includes approximately 500 square feet of additional air rights. The upper two floors are configured as a renovated two-bedroom, two-bathroom duplex with high ceilings and strong natural light. The unit is currently leased at $4,800 per month through December 23, 2026. The ground-floor commercial space measures approximately 1,224 square feet and is supported by approximately 1,085 square feet of clean, high-ceiling cellar space directly below. The space has been delivered vacant and is suitable for retail, office, or owner-user occupancy. The parlor level is configured as a separate commercial office unit with two private offices and a private rear terrace. At full stabilization using market rent, the property offers a projected gross monthly income of approximately $20,500, or $246,000 annually. 273 Lenox Avenue presents a flexible opportunity for an investor or owner-user seeking scale, multiple income streams, and prime positioning within one of Harlem's most active commercial corridors.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.946464
Latitude
40.806983

FAQs

What type of property is this?
Mixed-use property - Mixed-use building in Harlem with commercial and residential income.
Where is this mixed-use property located?
The property is located at 273 Lenox Avenue New York, NY.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime location in the heart of Harlem, steps from major transportation (2/3 express trains) and retail (Trader Joe's, Whole Foods).; Mixed‑use property with multiple income streams: renovated residential duplex and ground‑floor commercial space, plus parlor level commercial office unit.; Significant income potential with projected gross annual income of $246,000 at full market rent stabilization.
More about this property
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