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    Harlem Multi-Unit Building For Sale Title is generated by Realmo AI

    240 Lenox Avenue, New York, NY 10027

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    For Sale
    $7,500,000

    Townhouse, Multi-Unit (2-4) - New York, NY

    Property size:
    6,500 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $1,153/SF
    Added:
    Aug 13, 2025
    Days on Market:
    282
    Last Refresh:
    May 21 at 11:06 pm

    Property Features for 240 Lenox Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    15
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Gym
    Parking features
    Garage
    Exterior features
    Garden
    Standard status
    Active
    Size
    6,500 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Chris Halliburton

    Listing agent Chris Halliburton

    Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY

    Listing date Aug 13, 2025

    MLS# 11568005 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Five free‑market, 3‑bed/2‑bath units offer strong rental income potential.
    • Desirable Central Harlem location near restaurants, shops, parks, and transportation.
    • Opportunity to assume an existing blanket mortgage across three Harlem properties.
    • Renovated units feature central air and in‑unit laundry.
    • Historic 4‑story corner lot building (23 ft wide) with brick/masonry construction.
    • Separately metered electric for each unit.

    Overview

    Located in Central Harlem, this 4-story residential building presents an investment opportunity. The building features five free-market units, each with a 3-bed/2-bath layout. Constructed in 1899, the building spans 6,500 square feet with dimensions of 23 ft x 60 ft, situated on a 23 ft x 100 ft corner lot. Each unit is equipped with central air and in-unit laundry. The property is located near restaurants, bars, shops, Morningside and Marcus Garvey Parks, and transportation options. The building is of brick/masonry construction and has separate electric meters for each unit. Zoning is R7-2, C2. The property's block and lot number is 01721-0001. Annual property taxes are $6,389. This property is also offered in conjunction with two other Harlem residential buildings with one assumable mortgage. The other properties are located at 56 East 130th Street and 2064 Fifth Avenue.
    Property Profile Insight Report 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

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.94643
    Latitude
    40.805774

    FAQs

    What type of property is this?
    Apartment building - Five free-market units in a desirable Central Harlem location.
    Where is this apartment building located?
    The property is located at 240 Lenox Avenue 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: Five free‑market, 3‑bed/2‑bath units offer strong rental income potential.; Desirable Central Harlem location near restaurants, shops, parks, and transportation.; Opportunity to assume an existing blanket mortgage across three Harlem properties.
    More about this property
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