262 Lenox Avenue

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Address: 262 Lenox Ave, New York, NY 10027, USA
Created date: December 17, 2024
Date last updated: December 17, 2024

An ideal investment opportunity, the building is located on the iconic Lenox Avenue of Harlem. Harlem, a historic neighborhood, rose to prominence during the Harlem Renaissance in the early 20th century, becoming the heart of African American music, dance, literature, art, activism, and scholarship. Today, Harlem continues to thrive with its vibrant mix of dining, entertainment, and shopping. Enjoy meals at famous spots like Red Rooster, Corner Social, or Sylvia’s, followed by a performance at The Apollo or a movie at the AMC theater. Explore retail options along 125th Street and Lenox Avenue, including Whole Foods, H&M, DSW, and more. Just three blocks away, Marcus Garvey Park offers expansive outdoor space, playgrounds, a pool, and an amphitheater. With easy access to multiple subway lines (2/3, 4/5/6, A/C, B/D), Metro North trains, bus routes, and CitiBikes, transportation in this central location is a breeze.

Property Description

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 262 Lenox Avenue, New York, NY 10027. Built circa 1915, is comprised of a 4-story 4,624± SF vacant building built on a 1,500± SF lot. This property offers a wealth of potential, featuring a two-story commercial space along with two spacious two-bedroom units. The property is currently zoned R7-2 with a 3.44 F.A.R for residential and 6.5 F.A.R. for facility use. The Property is located in the Mount Morris Park Historic District on the east side of Lenox Avenue between West 123rd Street and West 124th Street, just 2 short blocks to the 125th Street [2,3] subway station.

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $2,750,000
No. of Units: 3
Year Built: 1913
Building Size: 4,624 Sq ft
Lot Size: 1,500.00 Sq ft
No. of Stories: 1
Zoning Code: R7-2
Opportunity Zone: No
Price per unit: $916,667
Property Website Click Here
Address: 262 Lenox Ave, New York, NY 10027, USA

Additional contacts

Full name Phone number Email address
Jay Bernstein (212) 951-8406 [email protected]
Harris Sonnenklar (212) 951-8418 [email protected]

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