245 Lenox Avenue

Mt. Morris Park   |   West 122nd Street & West 123rd Street

Price Drop
Building For Sale
$ 3,450,000 [ 4.17% | $ 150,000 ]
Ownership Rental Property
Lot Size 19'x80'
Floors/Apts 4/11
Status Active
Real Estate Taxes [Per Annum] $ 43,177
Building Type Townhouse
Building Size 19'x55'
Year Built 1910
ASF/ASM 5,225/485
Listing ID: 27268TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

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.
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.

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C
245 Lenox Avenue Mt. Morris Park New York NY 10027

Building Details [245 Lenox Avenue]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1907/130
Building Size 19'x55'
Zoning R7-2
Building Type Townhouse
Year Built 1910
Floors/Apts 4/11
Lot Size 19'x80'

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.