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.
Active
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
- 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
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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