270 Lenox Ave New York, NY 10027
This exceptional Central Harlem property, located at 270/272 Lenox Avenue between 123rd and 124th Streets, offers 3,400 square feet of vacant space in two beautifully renovated brownstone townhouses. The combined 36 feet of frontage provides excellent street visibility. Each building boasts 850 square feet on the garden level and another 850 square feet on the finished basement level, featuring exposed brick, large windows, recessed lighting, FIOS internet and wireless, and central HVAC. A shared 900-square-foot backyard with an automated watering system and a yurt-style conference room with central HVAC and AV system are included, along with access to a shared roof deck. Both units include a kitchenette and powder room. The property is zoned to allow for restaurant or cafe venting. The location offers high foot traffic and is a block from the 2 and 3 subway lines, with other subway lines and Metro North within easy walking distance. The building, constructed in 1910 and renovated in 2003, comprises two five-story buildings with a total of 9,000 square feet. The property has a 45-foot ceiling height. Taxes are $11.13 per square foot. Potential lease terms are 5-15 years. This is a unique opportunity to establish a business in a prime location with rich history. The property is ideal for corporate offices, medical or service-related businesses, or restaurants/cafes.
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Studio and Residence of Harlem Renaissance Photographer James Van Der Zee Tour Operator
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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