270 Lenox Ave, New York, NY 10027
This exceptional commercial property at 270 Lenox Avenue in Central Harlem offers a unique opportunity. The property consists of two buildings, totaling 9,000 square feet, with a currently available 1,600 square feet of space. Built in 1910 and renovated in 2003, this five-story building features a blend of historic charm and modern amenities. The available space is ideal for a variety of uses, including corporate offices, medical practices, or service-related businesses. The space includes exposed brick, large windows, recessed lighting, FIOS internet and wireless, and central HVAC. A kitchenette and powder room are also included. The property boasts a shared 900 square foot backyard with an automated watering system and a yurt-style conference room with central HVAC and AV system, plus access to a shared roof deck. Venting is allowed, making it suitable for restaurant or café use. The property benefits from high visibility and foot traffic due to its prime location, one block from the 125th Street commercial corridor. Convenient access to the 2 and 3 subway lines, and other major transportation options, adds to its appeal. The potential lease term is 5-15 years. The property's rich history, once home to notable figures, adds to its unique character. Property taxes are $11.13 per square foot. The building does not have elevators. Adjacent properties offer potential for contiguous rentals.
-
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
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.