• Type
  • Mixed Use, Residential
  • 12
  • Rooms
  • 2
  • Bedrooms
  • 3
  • Bathrooms
273 Lenox Avenue, New York City, NY 10027
  • $2,700,000
  • $2,950,000

Description

273 Lenox Avenue is a mixed-use building located just off West 125th Street in the heart of Harlem, steps from the 2/3 express trains, Trader Joe’s, Whole Foods, and numerous neighborhood retailers and restaurants. Positioned within a C4-4 zoning district, the property contains approximately 3, 778 square feet above grade plus a dry, high-ceiling cellar of approximately 1, 082 square feet. The 17′ x 75′ lot is built nearly full on the ground level, maximizing commercial utility, and includes approximately 500 square feet of additional air rights. The upper two floors are configured as a renovated two-bedroom, two-bathroom duplex with high ceilings and strong natural light. The unit is currently leased at $4, 800 per month through December 23, 2026. Market rent for comparable renovated duplex units in this immediate corridor is approximately $6, 500 per month, indicating clear residential upside upon lease expiration. The ground-floor commercial space measures approximately 1, 224 square feet and is supported by approximately 1, 085 square feet of clean, high-ceiling cellar space directly below. The space has been delivered vacant and is suitable for retail, office, or owner-user occupancy. Market rent for the ground floor and cellar combined is estimated at $10, 000 per month. The parlor level is configured as a separate commercial office unit with two private offices and a private rear terrace, and is projected rent is $4, 000 per month. At full stabilization using market rent, the property offers a projected gross monthly income of approximately $20, 500, or $246, 000 annually. 273 Lenox Avenue presents a flexible opportunity for an investor or owner-user seeking scale, multiple income streams, and prime positioning within one of Harlem’s most active commercial corridors.

  • Address: 273 Lenox Avenue
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 10027
  • Area: Harlem

Details

Updated on May 9, 2026 at 10:09 pm
  • Property ID RLS20070860
  • Price $2,700,000
  • Property Size 4860 Sqft
  • Bedrooms 2
  • Rooms 12
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1909
  • Type Mixed Use, Residential
  • Property Status Active, For Sale

Additional details

  • Cooling Central Air
  • Heating Central
  • Flooring Hardwood
  • County New York
  • Property Type Residential

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Contact Information

Digs Realty Group

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