240 Lenox Avenue

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.