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    264 Lenox Ave New York, NY 10027

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    For Sale
    $160,000

    Fully equipped restaurant for sale in prime Harlem location.

    Lot size:
    0.03 Acres

    Property Features for 264 Lenox Ave

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1899

    Source: NY Space Finders Inc Agent Nicholas Evangelista

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Harlem Restaurant Opportunity on Lenox

    Located in Harlem on Lenox Avenue, this is an opportunity to acquire a fully furnished and equipped café/restaurant. The property includes 900 square feet of interior space and an additional 450 square feet of basement storage. The setup is turnkey, including all fixtures, furnishings, and equipment needed for immediate operation. The restaurant also features two outdoor courtyards, one in the front and one in the rear. The existing lease has 11 years remaining. The property is located in a vibrant, high-traffic neighborhood, steps from major subway lines and surrounded by residential buildings, retail shops, and cultural institutions. This location is suitable for both experienced operators and new restaurateurs.
    Location Intelligence

    Current Use by Public Records

    Pastitalia Pasta Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Similar Places Nearby

    CBK Cookies, Maryam's Yum Yum, Quintessencia LLC, Lalas kitchen, Chef Aless

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9460406
    Latitude
    40.806557

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant for sale in prime Harlem location.
    Where is this restaurant located?
    The property is located at 264 Lenox Ave New York, NY.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: - Fully furnished and equipped turnkey café/restaurant ready for immediate operation.; - Prime Harlem location on Lenox Avenue with high foot traffic and proximity to subway lines.; - Existing lease with 11 years remaining, providing long-term stability.
    (516) 385-7725
    Request Owner's contact information
    264 Lenox Ave New York, NY 10027
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    New York, NY 10027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    264 Lenox Ave New York, NY 10027
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