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  • $7,500,000

    240 Lenox Ave, New York, NY 10027

    15beds
    6,500sqft
    Loading
    Rental Unit
    Built in 1899
    -- sqft lot
    $7,173,500 Zestimate®
    $1,154/sqft
    $-- HOA

    What's special

    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.
    329 days
    |
    284
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Compass 917-518-9746,

    Christopher Halliburton,

    Matthew Pucker

    Source: StreetEasy,MLS#: S1786927

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 5
      • Full bathrooms: 5
      Rooms
      • Room types: Bike Room
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Washer/Dryer
      • Laundry: Inside
      Features
      • Flooring: Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 6,500
      • Total interior livable area: 6,500 sqft

      Property

      Details
      • Parcel number: 017210001
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Rental Unit
      Condition
      • Year built: 1899

      Community & HOA

      Community
      • Subdivision: South Harlem
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Fitness Center
      Location
      • Region: New York

      Financial & listing details

      • Price per square foot: $1,154/sqft
      • Tax assessed value: $1,559,000
      • Annual tax amount: $6,384
      • Date on market: 9/1/2025

        Estimated market value

        $7,173,500

        $6.81M - $7.53M

        $6,753/mo

        Price history

        DateEventPrice
        9/1/2025Listed for sale$7,500,000+294.7%$1,154/sqft
        Source: StreetEasy #S1786927 Report a problem
        9/21/2011Sold$1,900,000$292/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,389 0%$701,550 +20%
        2024$6,390 +5.2%$584,550 -3.4%
        2023$6,075 $605,250 +20%
        2022-- $504,450 +3.9%
        2021-- $485,550 -7.1%
        2020-- $522,900 -2.6%
        2019$4,904 +2.1%$536,850 +1309.1%
        2018$4,805 +7.1%$38,098 +8%
        2017$4,487 +6.6%$35,276 +8%
        2016$4,211 $32,663 +8%
        2015$4,211 +29.9%$30,244 +8%
        2014$3,241 $28,004 +5.7%
        2013-- $26,484 +4.5%
        2012-- $25,344 +0.8%
        2011-- $25,153 +6%
        2010-- $23,730 +6%
        2009-- $22,387 +6%
        2008-- $21,120
        2007-- $21,120 +0.8%
        2006-- $20,961 +6%
        2005-- $19,775 +6%
        2004-- $18,656 +6%
        2003-- $17,600
        2002-- $17,600
        2001-- $17,600
        2000-- $17,600
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Harlem

        Getting around

        98 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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