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4-Unit Mixed-Use Townhouse
For Sale
$1,150,000

188 Malcolm X Blvd, New York, NY 10026

Historic property offers ground-floor commercial space and three vacant apartments under DOB-approved conversion plans.

Property SizeContact for details
Days on Market25

Property Features for 188 Malcolm X Blvd

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,150

Building Details

Year Built 1887
Buildings 1
Tenancy Multi
Listing Agency: Cottrell & Associates RE Corp.
Listed By: Maliki Cottrell · License #10401323542
Source: Exprealty
Added: Jul 30 Changed: Aug 20 Last Checked: Aug 22 at 12:59PM

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 mixed-use townhouse combines a ground-floor commercial space with three residential units above. The commercial portion is currently occupied by a hardware store, while the three upper units are vacant. The property is offered with DOB-approved plans for a legal four-family building with commercial space, along with a Certificate of Non-Harassment.

Located at 188 Malcolm X Blvd between 119th and 120th Streets, the building sits along Lenox Avenue’s historic commercial corridor near the Mount Morris Park Historic District. Approved plans include two studio apartments on the second floor and two floor-through two-bedroom apartments spanning the third and fourth floors. The first floor remains configured for commercial use with retail frontage.

Key Highlights

  • Built in 1887 as a 4‑unit mixed‑use townhouse
  • Ground‑floor commercial space currently used as a hardware store
  • Three vacant residential units occupy the upper floors

Property Analytics

Current Use

Virgo Houseware & Hardware Building Supply Armstrong Realty Real Estate Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Auto Parts Store Acupuncture

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

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,899
Businesses Nearby

Demographics for 10026, NY

35,644
Population
17,648
Households
2
Avg Household Size
37
Median Age
54%
College-Educated
90%
High-School Grad
0.4 sq mi
ZIP Area
89,110
Density / Sq Mi
$74,140
Median Household Income
$56,919
Median Earnings
$1,546
Median Rent
$1,014,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Historic property offers ground-floor commercial space and three vacant apartments under DOB-approved conversion plans.
Where is this multifamily property located?
The property is located at 188 Malcolm X Blvd New York, 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 4‑unit mixed‑use townhouse; Ground‑floor commercial space currently used as a hardware store; Three vacant residential units occupy the upper floors
More about this property
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