Five-Story Mixed-Use
For Sale
Contact for pricing
Pending
348 - 350 Lenox Avenue, New York, NY 10027
Contiguous buildings combine apartments with ground-floor commercial units and floor-through residential layouts.
Property Size19,370 SF
Days on Market146
Property Features for 348 - 350 Lenox Avenue
General Information
Standard status
Pending
Size
19,370 SF
Property subtype
Retail, Multifamily, Mixed Use
Site & Location
Frontage
50 ft
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
18
Building Details
Buildings
2
Stories
5
Tenancy
Multi
Listing Agency:
Ariel Property Advisors
Listed By:
Michael Tortorici · License #NY 401085153
(212) 544-9500
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 2 at 1:00AM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
This offering includes two contiguous five-story mixed-use buildings totaling 19,370 square feet, with 18 residential units and two commercial units. The apartment inventory includes seven free market, two rent controlled, and nine rent stabilized units. Six apartments are scheduled for vacant delivery, including two rent stabilized units. Residential floors above the ground level feature floor-through, railroad-style layouts, while the ground floor provides commercial space along Lenox Avenue.
The buildings occupy 50’ of frontage on Lenox Avenue between West 127th and 128th Street in Harlem. Sylvia’s is one block away, and Red Rooster is two blocks north. A nearby retail complex includes Whole Foods, American Eagle, and Burlington Coat Factory. The 2/3 subway line is steps from the property, with A/C/B/D and 4/5/6 train service within a 10-minute walk.
The buildings occupy 50’ of frontage on Lenox Avenue between West 127th and 128th Street in Harlem. Sylvia’s is one block away, and Red Rooster is two blocks north. A nearby retail complex includes Whole Foods, American Eagle, and Burlington Coat Factory. The 2/3 subway line is steps from the property, with A/C/B/D and 4/5/6 train service within a 10-minute walk.
Key Highlights
- Two contiguous five‑story buildings totaling 19,370 square feet
- 18 residential units and two commercial units
- Residential mix includes 7 free market, 2 rent controlled, and 9 rent stabilized apartments
Property Analytics
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
8,819
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?
Mixed-use property - Contiguous buildings combine apartments with ground-floor commercial units and floor-through residential layouts.
Where is this mixed-use property located?
The property is located at 348 - 350 Lenox Avenue New York, NY.
What are key features of this property?
This property features: Two contiguous five‑story buildings totaling 19,370 square feet; 18 residential units and two commercial units; Residential mix includes 7 free market, 2 rent controlled, and 9 rent stabilized apartments
