241 Lenox Ave New York, NY 10027
This exceptional 2,972 sq ft commercial condo, located in a meticulously restored building on a bustling Harlem thoroughfare, presents a unique investment opportunity. Originally the studio of renowned designer Dapper Dan, this historic space boasts two large parlor-style rooms, a fully equipped kitchen, and a full bathroom. The flexible layout includes a bonus room, perfect for a private office or additional workspace. The building itself is a four-story, Class B property, built in 1910, and totaling 5,000 square feet. Currently, 1,307 square feet are available for lease within this multi-tenant building. This property offers a blend of historic character and modern amenities, making it ideal for a variety of businesses or creative professionals seeking a vibrant and inspiring work environment in the heart of Harlem. The space's rich history and prime location combine to create an unparalleled opportunity to own a piece of Harlem's legacy. The building's traditional office style is complemented by its suitability for executive, medical, creative, and coworking uses. Don't miss this chance to secure a piece of Harlem history.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.