3 months on rocket

245 Lenox Ave, New York City, NY, 10027

$3,600,000

8 Bedrooms
8 Full Baths, 2 Partial
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1885
BasementYes
MLS #PRCH-35222645
StatusActive

About 245 Lenox Ave

Situated between West 122nd and 123rd Street in South Harlem, this historic 1910 building offers a prime investment opportunity with modern amenities. Spanning 5,225 square feet and priced under $700 per square foot, this four-story gem features four residential units and one commercial space. The property is a turn-key investment, perfect for both owners and investors. The spacious, full-floor residential units are ideal for long-term rentals, while the ground-floor commercial space provides options for extra income or an owner-operated business. With all units free-market, there is flexibility for future use, including conversion to a single-family home. Located in the vibrant South Harlem neighborhood, residents benefit from proximity to Marcus Garvey Park, Whole Foods Market, and numerous restaurants and boutiques. The property combines historic charm with modern conveniences and is well-positioned in a culturally rich community. This renovated mixed-use building offers a rare blend of historical appeal and contemporary living, making it an exceptional investment or an attractive home.

Property Details

Property Features

Property Information:

  • Year Built: 1885

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Matthew Lesser
  • Agent Phone: (212) 371-8200

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Building Garden, Garden

Lot Features

Lot Information:

  • Lot: Garden

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,600,000

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

245 Lenox Ave vs New York

90 DAYS ON ROCKET

+5 Days

$3,600,000

+$2.7M More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-35222645

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Matthew Lesser
  • Agent Phone: (212) 371-8200

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$18K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.8K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-992360
10
/10
  • Harlem Village Academy West 2 Charter School

  • 74 W 124th St

  • 0.11 miles

  • Public Charter Grades KG-2

school-card-donut-992361
5
/10
  • P.S. 242 The Young Diplomats Magnet Academy

  • 134 W 122nd St

  • 0.23 miles

  • Public Magnet Grades KG-5

school-card-donut-992362
6
/10
  • P.S. 154 Harriet Tubman School

  • 250 W 127th St

  • 0.25 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,773. Residents of New York, NY typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 Lenox Ave

What is the listing price of this property?

The listing price of 245 Lenox Ave property is $3,600,000.

What type of property is this?

The property 245 Lenox Ave is a townhouse located in New York City, New York, 10027.

Is this property for sale now?

Active Listing: 245 Lenox Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 245 Lenox Ave has 8 bedrooms and 8 full and 2 half bathrooms.

Which year was this property built?

The year of construction for 245 Lenox Ave is 1885.
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Rocket HomesNew YorkNew York10027245 Lenox Ave

This home is located at 245 Lenox Ave in New York City, NY and zip code 10027 in the Central Harlem neighborhood. This home was built in 1885. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $3,600,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. The number of homes for sale in New York, NY decreased by 7.2% between October 2024 and November 2024. In November 2024 median list price was $850,115 and the average listing age was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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