Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
240 Lenox Avenue
Active For Sale Multi Family

$7,500,000

$1,154 per sq ft

240 Lenox Avenue

Harlem, Manhattan

MLS® #RLS20042508

RLS at REBNY

Listing by Compass

15

Bedrooms

5

Baths

6,500

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 15
Bathrooms 5
Living Area 6,500 sq ft
Year Built 1899
Ownership None
HOA/Common Charges $3,837/mo
Property Taxes $6,384/yr
Neighborhood Harlem
Floor 1 of 4

Property Highlights

  • Views: City
  • Style: WalkUp architecture
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 30
Baths 5 Full
Floor 1 of 4
View City
Pets Yes
Year Built 1899
Living Area 6,500 sq ft
Architectural Style WalkUp
Structure Type MultiFamily,Townhouse
Furnished Unfurnished
Basement Partial
Block/Lot 01721/0001

Description

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.

Features & Amenities

Interior Features

Crown Molding High Ceilings Common On Floor Common Area

Exterior Features

Private Entrance Private Outdoor Space Over60 Sqft Private Yard

Appliances

Dryer Washer

Building Information

Total Units 5
Stories 4
Structure MultiFamily,Townhouse
Style WalkUp

Financial Details

Common Charges $3,837/mo
RE Taxes $6,384/yr ($532/mo)
Original Price $5,000,000
Previous Price $5,400,000

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and vibrant jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is diverse, featuring beautifully restored brownstones, value-driven HDFC cooperatives, and a growing number of modern luxury condominiums that offer contemporary amenities in a historic setting.

Harlem Live Market Data

View Neighborhood

Active Listings

53

Median Asking Price

$950K

Median $/Sqft

$866

Avg Days on Market

N/A

New This Week

4

Price Reduced

30%

Sold (30 Days)

6

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 2/15/26, 9:12 PM EST

Location

Loading map...

240 Lenox Avenue, Harlem, New York County

MLS® ID: RLS20042508
First Listed: 8/13/2025
On Market: 8/13/2025
Price Changed: 8/28/2025
Contract Date: 8/11/2025

Listing Courtesy of Compass - Christopher Halliburton

Listing Contact: (917) 518-9746

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 2:12 AM UTC

Call WhatsApp
Call Milton WhatsApp