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59-Unit Mixed-Use Portfolio
For Sale
Contact for pricing
Pending

539 Lenox Ave, New York, NY 10030

Walk-up buildings combine residential apartments and commercial units with transit access and substantial Lenox Avenue frontage.

Property SizeContact for details
Days on Market144

Property Features for 539 Lenox Ave

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use
Listing Agency: Ariel Property Advisors
Listed By: Victor Sozio · License #NY 10301211469
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 7:21PM

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 three-building mixed-use portfolio includes 59,835 combined gross square feet across 539 Lenox Avenue and 100-102 West 138th Street. The properties contain 59 total units, including 53 residential apartments and 6 commercial units, with five-story walk-up construction. The residential mix comprises 11 one-bedroom, 33 two-bedroom, 8 three-bedroom, and 1 four-bedroom apartments. Thirty residential units are tax credit units, while 23 are non-tax credit units.

The buildings provide 175’ of linear frontage along Lenox Avenue in Central Harlem. The portfolio sits two blocks west of the 2 and 3 subway trains at 135th Street and Lenox Avenue, with Harlem Hospital Center, The City College of New York, Columbia University’s Manhattanville Campus expansion, and the 125th Street corridor nearby. A J-51 exemption is scheduled to expire in 2028.

Key Highlights

  • 59,835 combined gross square feet across 3 walk‑up buildings
  • 59 total units: 53 residential units and 6 commercial units
  • Residential mix includes 11 one‑bedroom, 33 two‑bedroom, 8 three‑bedroom, and 1 four‑bedroom units

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Carpet & Flooring Store Nursing Home Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

6,506
Businesses Nearby

Demographics for 10030, NY

29,686
Population
14,602
Households
2
Avg Household Size
36
Median Age
35%
College-Educated
78%
High-School Grad
0.3 sq mi
ZIP Area
98,953
Density / Sq Mi
$42,738
Median Household Income
$37,388
Median Earnings
$1,204
Median Rent
$810,100
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?
Mixed-use property - Walk-up buildings combine residential apartments and commercial units with transit access and substantial Lenox Avenue frontage.
Where is this mixed-use property located?
The property is located at 539 Lenox Ave New York, NY.
What are key features of this property?
This property features: 59,835 combined gross square feet across 3 walk‑up buildings; 59 total units: 53 residential units and 6 commercial units; Residential mix includes 11 one‑bedroom, 33 two‑bedroom, 8 three‑bedroom, and 1 four‑bedroom units
(212) 544-9500 Call to check price and availability
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