# 273 Lenox Avenue, New York, NY 10027

> **TL;DR:** 2bd/2ba commercial, $2,700,000 ($556/sqft), 4,860 sqft.
> Fireplace. Est. $11,700/mo. Listed 129 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,700,000 |
| Price/sqft | $556 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 4,860 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 129 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $11,700 |
| **Total** | **$11,700** |

## Key Amenities

- Fireplace

## Property Highlights

- Fireplace

## Description

### Agent 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.

## Location

- **Address:** 273 Lenox Avenue, New York, NY 10027
- **County:** New York
- **Coordinates:** 40.806983, -73.946464
- **Google Maps:** https://www.google.com/maps?q=40.806983,-73.946464

## Listing Agent

- **Name:** John McGuinness
- **Brokerage:** Compass
- **Phone:** 2123691518
- **Email:** jm@compass.com

## Primary Photo

![273 Lenox Avenue - Primary Photo](http://lh.rdcpix.com/47cee5f50475ce049d6b987737d09132l-f2926548873r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/273-lenox-avenue-new-york-ny-10027-11667023)*

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**MLS#:** 11667023 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/273-lenox-avenue-new-york-ny-10027-11667023)

---

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