Five-Unit Apartment
For Sale
$7,500,000
240 Lenox Avenue, New York, NY 10027
Residential Income, New York, NY
Property Size6,500 SF
Lot Size0.05 Acres
Price / SF$1,153
Days on Market387
Property Features for 240 Lenox Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
15
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 15, Bedroom 7, Bedroom 3, Bathroom 3, Bedroom 9, Bedroom 5, Bedroom 14, Bedroom 6, Bedroom 13, Bathroom 2, Bedroom 8, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 10, Bedroom 11, Bathroom 4, Bathroom 5, Bedroom 4, Bedroom 12
Fireplace
1
Subdivision
Mt. Morris Park
High school district
000000
Standard status
Active
Size
6,500 SF
Lot size
0.05 Acres
Amenities
central air
in-unit laundry
Building Details
Architectural style
Other
Listing Agency:
Compass
(646) 982-0353
Listed By:
Chris Halliburton
(917) 518-9746
Added: Aug 13, 2025
Changed: Sep 2
Last Checked: Sep 3 at 12:06AM
MLS# 11568005
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.
Investment Insights
Based on property information with market context.
Located at 240 Lenox Avenue in Central Harlem, this four-story brick and masonry apartment building contains five free-market residential units. Each apartment is configured with three bedrooms and two bathrooms, with renovated interiors, central air, and in-unit laundry. Electric service is separately metered for every unit.
The corner-lot property occupies a 23-foot by 100-foot parcel and contains approximately 6,500 square feet within a 23-foot by 60-foot building footprint. The structure was built in 1899 and is subject to R7-2 and C2 zoning. The property is near restaurants, bars, shops, Morningside Park, Marcus Garvey Park, and train options. The offering may also be combined with two additional Harlem residential buildings under one assumable mortgage, subject to buyer qualification.
The corner-lot property occupies a 23-foot by 100-foot parcel and contains approximately 6,500 square feet within a 23-foot by 60-foot building footprint. The structure was built in 1899 and is subject to R7-2 and C2 zoning. The property is near restaurants, bars, shops, Morningside Park, Marcus Garvey Park, and train options. The offering may also be combined with two additional Harlem residential buildings under one assumable mortgage, subject to buyer qualification.
Key Highlights
- Five free‑market residential units with 3‑bed/2‑bath layouts
- Renovated apartments with central air and in‑unit laundry
- 6,500 square feet in a 4‑story building
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
9,401
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated free-market apartments offer central air, in-unit laundry, and three-bedroom, two-bath layouts.
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 residential units with 3‑bed/2‑bath layouts; Renovated apartments with central air and in‑unit laundry; 6,500 square feet in a 4‑story building
