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  • Price cut: $150K (3/17)
    $3,450,000

    245 Lenox Ave, New York, NY 10027

    8beds
    5,225sqft
    Multi Family
    Built in 1886
    -- sqft lot
    $3,347,600 Zestimate®
    $660/sqft
    $-- HOA

    What's special

    Modern amenitiesGround-floor commercial spaceSpacious full-floor residential units
    Situated between West 122nd and 123rd Street in South Harlem, this historic 1910 building offers a prime investment opportunity with modern amenities. Spanning 5,225 square feet and priced at $660 per square foot, this four-story gem features four residential units and one commercial space. The property is a turn-key investment, perfect for both owners and investors. The spacious, full-floor residential units are ideal for long-term rentals, while the ground-floor commercial space provides options for extra income or an owner-operated business. With all units free-market, there is flexibility for future use, including conversion to a single-family home. Located in the vibrant South Harlem neighborhood, residents benefit from proximity to Marcus Garvey Park, Whole Foods Market, and numerous restaurants and boutiques. The property combines historic charm with modern conveniences and is well-positioned in a culturally rich community. This renovated mixed-use building offers a rare blend of historical appeal and contemporary living, making it an exceptional investment or an attractive home.
    234 days
    on Zillow
    |
    206
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 11:17am

    Listing by:

    Leslie J. Garfield 917-754-7783,

    Matthew Lesser

    Source: StreetEasy,MLS#: S1735868
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Appliances
    • Included: Dishwasher, Washer/Dryer
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 5,225
    • Total interior livable area: 5,225 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Courtyard, Garden
    • Has view: Yes
    • View description: City, Skyline
    Details
    • Parcel number: 019070130
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1886

    Community & HOA

    Community
    • Features: Virtual Doorman
    • Security: Virtual Doorman
    • Subdivision: South Harlem
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    • Services included: Maintenance
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $660/sqft
    • Tax assessed value: $987,000
    • Annual tax amount: $37,020
    • Date on market: 9/19/2024
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