Listing Agency: Asset Commercial Realty Group s***@assetcrg.com Show Phone

Listed By: Sadya Liberow Show Phone

Source: Moodyscre

Added: Jan 31, 2025 Changed: Aug 8 Last Checked: Jul 16 at 3:48AM

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Investment Insights

Based on property information with market context.

This vacant lot, located at 204 Lenox Ave in New York, NY, presents a prime development opportunity in the historic Harlem neighborhood. The property offers 5,504 square feet of buildable space, making it suitable for a mixed-use or residential boutique condo development. Its location near the 116 St [2,3] Subway Station on Malcolm X Blvd provides convenient access to transportation. Comparable condo sales in the area indicate a high potential return on investment, with sales reaching approximately $1,000 per square foot.

Key Highlights

• Prime development opportunity in Harlem.
• 5,504 square feet of buildable space.
• High ROI potential** with comparable condo sales at $1,000 per square foot.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

322

Businesses Nearby

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Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Vacant lot in Harlem, ideal for mixed-use or residential development.

Where is this land located?

The property is located at 204 Lenox Ave New York, NY.

What is the asking price?

The asking price for this property is $999,000.

What are key features of this property?

This property features: Prime development opportunity in Harlem.; 5,504 square feet of buildable space.; High ROI potential** with comparable condo sales at $1,000 per square foot.