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240 Lenox Avenue, New York, NY 10027

For Sale

$7,500,000

15 beds • 5 baths • 6,500 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,153.85
    Price per square foot

Explore this Property

Residential investment opportunity in a desirable Central Harlem location near several popular restaurants, bars, shops, Morningside and Marcus Garvey Parks and convenient train options. This historic 4-story, 23-foot wide corner lot building offers 5 free-market, 3-bed/2-bath residential units. The building features renovated units with central air and in-unit laundry. This sale is also being offered as a bundle in conjunction with two other Harlem residential buildings with free-market units, all with one blanket mortgage that can be assumed with the right buyer. Inquire for the offering memorandum with further details. Property Information: Desirable Central Harlem location near retail, Morningside and Marcus Garvey Parks and transportation options. Residential building with 5 free-market units. Units are 3-bed, 2-bath layouts. Lot Size: 23 ft x 100 ft Building Size: 23 ft x 60 ft Building square footage: 6,500 Electric all separately metered. Central air for all units. Zoning: R7-2, C2 4 Stories Year Built: 1899 Brick/masonry construction Block & Lot: 01721-0001 Property taxes: $6,389 / Annual Offered at: $7,500,000 Offered also in conjunction with two other Harlem residential buildings with one assumable mortgage. Properties located at 56 East 130th Street and 2064 Fifth Avenue.
MLS# 11568005

Courtesy Of Compass

(917) 518-9746

Property Features

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    Garden
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Map and Directions

Directions to 240 Lenox Avenue, New York, NY 10027

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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