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273 Lenox Ave
Mt. Morris Park, Manhattan | West 123rd Street & West 124th Street
12 Rooms2 Beds2.5 Baths4,860 Square FeetMixed Use
$2,800,000 $2,700,000
$2,800,000 $2,700,000
Updated 2 months ago
Off Market

273 Lenox Ave

Mt. Morris Park, Manhattan | West 123rd Street & West 124th Street

12 Rooms2 Beds2.5 Baths4,860 Square FeetMixed Use

$2,800,000 $2,700,000
floors / apts4 / 1
Lot Size17'x75'
Built Size17'x75'
ZoneC4-4
Building TypeLow-Rise
RE Taxes$20,724
Price Per SF
$576

Listing Features

  • Original Details
  • WBFP
  • Oil Heat

Outdoor space and views

  • Backyard
  • Terrace

Property Description for 273 Lenox Ave

Imagine owning a Manhattan townhouse where you can wake up in a beautifully renovated duplex overlooking Lenox Avenue while your investment works for you downstairs. 273 Lenox Avenue offers an ownership opportunity that is remarkably difficult to find in Manhattan: a luxury owner's residence combined with two separate commercial spaces that can generate substantial income or serve as the perfect home for your own business. The upper two floors are configured as a spacious two-bedroom, two-bathroom duplex filled with natural light and soaring ceilings. Large windows frame vibrant Lenox Avenue views while offering the privacy and comfort of a true home. Whether you're entertaining, working remotely, or simply enjoying life in one of Harlem's most dynamic neighborhoods, this residence feels worlds apart from a typical Manhattan apartment. Below, two independent commercial units create exceptional flexibility. The street-level storefront enjoys direct retail access and outstanding visibility along Lenox Avenue, making it ideal for retail, gallery, showroom, medical, wellness, or professional office use. Above it, a completely separate second-floor office suite provides another income-producing space or the perfect headquarters for your own business. This is the rare property that adapts to your life. Live upstairs and lease both commercial spaces. Occupy one office while collecting rent from the other. Build your business below while eliminating your commute. Or lease all three units for a projected 7.14% capitalization rate, creating an investment that is nearly impossible to replicate at this price point. Extensively gut renovated in the 2010s, the building was thoughtfully modernized with separate HVAC systems serving each unit independently. A full-height, dry cellar with sidewalk hatch access provides exceptional storage rarely found in Manhattan buildings. Mixed-use properties of this caliber are exceedingly scarce. Finding one below $5 million is uncommon. Finding one under $3 million—offering a renovated owner's duplex, multiple commercial income streams, modern building systems, and extraordinary flexibility—is virtually unheard of. Whether you're an entrepreneur, physician, attorney, architect, creative professional, investor, or simply someone who wants to own the building they live in, 273 Lenox Avenue represents one of Harlem's most compelling owner-user opportunities.

Listing History for 273 Lenox Ave

Now
06/22/2026
Price Increase by John McGuinness
Compass
05/01/2026
$2,700,000 [-$250,000] [8.5%]
Price Drop by John McGuinness
Compass
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Building Details for 273 Lenox Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1909
Floors/Apts4/1
Learn More About the Building

Transit and Citi Bike

Subway

125 St
0.07 miles
116 St
0.38 miles
125 St
0.42 miles
116 St
0.46 miles
125 St
0.5 miles

Railroad

Harlem-125 StMetro-North Railroad
0.4 miles

Citi Bike

Lenox Ave & W 126 St
0.12 miles
Adam Clayton Powell Blvd & W 123 St
0.17 miles

Contact Agents

Contact Agents

John McGuinness
Compass
Pedro Felix
Compass
Nigel Pearce
Compass

Mt. Morris Park | Manhattan

Quick Profile

Central Harlem is an enclave filled with cultural landmarks, gilded age brownstones and a vibe you don’t find in many neighborhoods these days. Mount Morris Park Historic District, located in west central Harlem, is a vibrant neighborhood with tree-lined streets and gorgeous brownstones. The large 16-block section is the byproduct of Harlem’s first building boom and should not be confused with Mount Morris Park, which is a 20-acre park that was renamed Marcus Garvey Memorial Park in 1977. What can we say? Sometimes gentrification complicates things.

The boundaries of Mount Morris Park Historic District are West 118th and West 124th Streets, Fifth Avenue, and Adam Clayton Powell Jr. Boulevard. The neighborhood was designated a historic district by the New York City Landmarks Preservation Commission in 1971. Architectural buffs will be enamoured by the neighborhood's handsome architecture that includes late 19th- and early 20th century row houses designed in the Romanesque Revival, neo-Grec and Queen Anne style.

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Featured on the Linecity Blog

The MEDIAN

Manhattan| September 2023

According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000.  The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022.  The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%.  ...

posted on December 30, 2023
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 45726TH
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