Historic Mixed-Use
For Sale
$1,150,000
188 Lenox Avenue New York, Manhattan, NY 10027
Turn-of-the-century building combines ground-floor commercial space with vacant residential units and approved conversion plans.
Property SizeContact for details
Days on Market27
Property Features for 188 Lenox Avenue New York
General Information
Standard status
Active
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$3,150
Building Details
Year Built
1887
Buildings
1
Tenancy
Multi
Listing Agency:
Cottrell & Associates RE Corp.
(718) 313-3004
Listed By:
Maliki Cottrell · License #10401323542
Source:
Serhant
Added: Jul 30
Changed: Aug 24
Last Checked: Aug 24 at 1:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cottrell & Associates RE Corp.
Investment Insights
Based on property information with market context.
Built in 1887, this four-unit property combines a ground-level commercial space with three residential units above. The commercial portion is currently occupied by a hardware store, while the upper apartments are vacant. The building is a turn-of-the-century townhouse with a mixed-use configuration and frontage along Lenox Avenue in Manhattan.
The property is located between 119th and 120th Streets, near the Mount Morris Park Historic District. DOB-approved plans provide for two studio apartments on the second floor and two floor-through two-bedroom apartments across the third and fourth floors, along with commercial space on the first floor. The building can be delivered with a Certificate of Non-Harassment and plans for a legal four-family building plus commercial space.
The property is located between 119th and 120th Streets, near the Mount Morris Park Historic District. DOB-approved plans provide for two studio apartments on the second floor and two floor-through two-bedroom apartments across the third and fourth floors, along with commercial space on the first floor. The building can be delivered with a Certificate of Non-Harassment and plans for a legal four-family building plus commercial space.
Key Highlights
- Built in 1887 as a turn‑of‑the‑century mixed‑use townhouse
- 4‑unit building with ground‑floor commercial space and 3 vacant residential units
- Located at 188 Lenox Avenue between 119th and 120th Streets
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,671
Businesses Nearby
Explore this area
Business Placement
Demographics for 10027, NY
64,037
Population
28,038
Households
2.3
Avg Household Size
32
Median Age
52%
College-Educated
87%
High-School Grad
0.9 sq mi
ZIP Area
71,152
Density / Sq Mi
$64,220
Median Household Income
$44,231
Median Earnings
$1,609
Median Rent
$915,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Turn-of-the-century building combines ground-floor commercial space with vacant residential units and approved conversion plans.
Where is this quadplex located?
The property is located at 188 Lenox Avenue New York Manhattan, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Built in 1887 as a turn‑of‑the‑century mixed‑use townhouse; 4‑unit building with ground‑floor commercial space and 3 vacant residential units; Located at 188 Lenox Avenue between 119th and 120th Streets
