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240 Lenox Ave New York, NY 10027

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For Sale
$7,500,000

Five free-market units in a renovated Harlem building.

Lot size:
0.05 Acres

Property Features for 240 Lenox Ave

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.05 Acres

Building Details

Year built
1899

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Listing Contact
Christopher Halliburton
Source: Elliman

Listing Agent: Christopher Halliburton

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

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Overview

Harlem Multifamily Investment Opportunity

Located in Central Harlem, this residential building presents an investment opportunity near restaurants, bars, shops, Morningside Park, Marcus Garvey Park, and transportation. The historic 4-story building, situated on a 23-foot wide corner lot, contains 5 free-market residential units, each featuring 3 bedrooms and 2 bathrooms. The building's dimensions are 23 feet by 60 feet, with a total building square footage of 6,500. Each unit has been renovated and includes central air and in-unit laundry. The lot size is 23 feet by 100 feet. The electric utilities are separately metered for each unit. This property is offered as a bundle with two other Harlem residential buildings with free-market units, all under one blanket mortgage that may be assumed.
Location Intelligence

Current Use by Public Records

Apartment buildings

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

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City
New York
County
New York
State
New York
Longitude
-73.9465629
Latitude
40.8058314

FAQs

What type of property is this?
Apartment building - Five free-market units in a renovated Harlem building.
Where is this apartment building located?
The property is located at 240 Lenox Ave New York, NY.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: - Desirable Central Harlem location near restaurants, shops, parks, and transportation.; - Five free-market, 3-bed/2-bath residential units.; - Renovated units feature central air and in-unit laundry.
More about this property
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