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Residential Income Property with Two-Bedroom
For Sale
$1,039,000

370 LENOX Avenue 506, New York City, NY 10027

Residence 506 offers two bedrooms and two bathrooms in a restored 1898 building with modern amenities.

Property Size839 SF
Price / SF$1,238
Days on Market276

Property Features for 370 LENOX Avenue 506

General Information

Standard status Active
Size 839 SF
Property subtype Apartment

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Furnished No

Amenities

doorman
fitness studio
yoga and Pilates zone
sauna and steam rooms
meeting rooms
resident's lounge
game room
playroom
bicycle storage
pet wash area
private storage

Building Details

Building Size 839 SF
Year Built 1898
Listing Agency: Douglas Elliman Real Estate
Listed By: ALLISON R DUBUISSON · License #10301217375
Source: Serhant
Added: Oct 28, 2025 Changed: Jul 30 Last Checked: Jul 30 at 6:56AM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

Residence 506 is an 839 SF two-bedroom, two-bathroom residence within Smithsonian Place. The building was constructed in 1898 and has been lovingly restored over five years, blending late 19th-century character with modern design. Homes feature expansive double-glazed casement windows, typical ceiling heights from 9 to 10 feet, white oak hardwood flooring, and fitted bedroom closets with washer/dryer cabinets.

Smithsonian Place is set on Lenox Avenue in Harlem and offers access to nearby conveniences including 125th Street Station, Whole Foods Market, and Central Park. The property is described as four blocks from the 125 St 2/3 Subway Station, with access to Midtown in under 25 minutes, plus an 8-minute bike ride to Central Park.

Building amenities include a doorman, a double-height fitness studio with Peloton bikes and treadmills, Tonal machines, and a mezzanine-level yoga and Pilates zone with sauna and steam rooms. Additional shared spaces include private video call and podcast meeting rooms, a resident’s lounge with a stone-set feature fire, a game room, a playroom, bicycle storage, and a dedicated pet wash area.

Key Highlights

  • Residence 506: 839 SF two‑bedroom, two‑bathroom layout
  • Constructed in 1898; restored over five years
  • Expansive double‑glazed casement windows and typical 9 to 10 ft ceiling heights

Property Analytics

Current Use

Juicery Harlem Specialty Food Shop Felix Gourmet Deli Food Market Rotiss Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Skin Care Clinic Accounting Firm Carpet & Flooring Store

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

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,243
Businesses Nearby

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

Properties on Market for Residential income properties in New York County

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Frequently Asked Questions

What type of property is this?
Residential income property - Residence 506 offers two bedrooms and two bathrooms in a restored 1898 building with modern amenities.
Where is this residential income property located?
The property is located at 370 LENOX Avenue 506 New York City, NY.
What is the asking price?
The asking price for this property is $1,039,000.
What are key features of this property?
This property features: Residence 506: 839 SF two‑bedroom, two‑bathroom layout; Constructed in 1898; restored over five years; Expansive double‑glazed casement windows and typical 9 to 10 ft ceiling heights
More about this property
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