242 Lenox Ave

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Address: 242 Lenox Ave, New York, NY 10027, USA
New York & Tri-State + Apartment Buildings
Created date: July 2, 2026
Date last updated: July 2, 2026
Price: $1,500,000Investment Analyzer NEW!

Property Description

• 5-story walk-up SRO building consisting of 15 residential units, and 1 commercial space, between West 122nd and West 123rd Streets W 124TH ST
• 22’ of frontage along Lenox Avenue
• 3 blocks from the rapidly expanding thoroughfare on 125th Street with national retailers including Whole Foods, Nike, Shake Shack, H&M, Marshalls, Starbucks, TD Bank, Burlington and Chase Bank W 123RD ST
• Located 2 blocks from the 2 and 3 subway lines at 125th St and 5 blocks from the 125th Street Metro North Station

Key Property Information

Listing Status: Available
Listing Type: Distressed sale
Property Types: Apartment Buildings
Price: $1,500,000
No. of Units: 15
Year Built: 1909
Building Size: 6,970 Sq ft
Lot Size: 0.05 Acres
No. of Stories: 5
Opportunity Zone: No
Price per unit: $100,000
Address: 242 Lenox Ave, New York, NY 10027, USA

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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