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$3,033,583
List Price: $3,085,000
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274 Lenox Avenue
Townhouse in South Harlem •  building info
3bd • 3ba
Buy with Yoreevo

$3,033,583

List Price

$3,085,000

Key Details
Days on market
46
Last price change
loading...
Estimated payment
$18,855
Taxes
Monthly maintenance
N/A
Description
274 Lenox Avenue is a pristine mixed-use townhouse between 124th & 125th Streets in the Mount Morris Park Historic District. Located along Lenox Avenue's charming section of small businesses from Pastitalia to NILU gift shop, Sugar Hill Creamery and more. This property is situated just one short block from the commercially viable 125th street corridor, 2/3 express trains, Whole Foods and Trader Joe's (coming soon in 2024). This unique building offers a multitude of opportunities as a live/work space or as investment with commercial and residential components for multiple revenue streams. The 1st and 2nd floors are currently occupied on a month to month basis by a fitness studio. The entire property will be delivered vacant with a Certificate of Occupancy. This is a turn-key property with renovations and upgrades completed between 2015 and 2021 including hand-painted brick walls, stone arches, HVAC systems, hot water heaters, commercial sprinkler system, plus the basement has two exits and venting to the roof. The newly-pointed facade and windows are both DOB & Landmark approved. Potential uses include medical/health/wellness facility, yoga/fitness studio, art gallery, market/cafe, restaurant, boutique, couture clothing, gift shop, co-working space, or private offices. (Beer/wine only for restaurant use / private club may have option for full liquor). Above the commercial space is a grand duplex apartment or 3 separate units with a separate entrance and stairwell. On the 3rd floor there are two bedrooms with en-suite bathrooms and glass enclosed showers. An historic wood staircase leads to the fourth floor with soaring wood beamed ceilings, open eat in kitchen, primary bedroom, 1 baths, plus an in-unit washer/dryer. The details in the residential floors are designed with carefully selected features such as a set of vintage post office doors, antique mantelpieces, vented gas ranges, and the hand-painted brick walls in every room. The roof can be developed into a private garden/deck with expansive views. The building has East and West exposures. The front of the building faces Lenox Avenue and overlooks low brownstones and an historic steepled structure allowing for a lot of light and sky. 274 Lenox Ave is a Neo-Grecian Brownstone designed by Architect Charles H. Beer and built in 1885. The possibilities are endless for this spectacular property.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Dishwasher
Central Air
Fireplace: Decorative
Building Amenities
Laundry in Building
Outdoor Space
Garden
Courtyard
Building info

History
What it'll cost
Purchase price
$3,085,000
Asking Price: $3,085,000
Term
30 Years
Down Payment
$308,000 (10%)
Min: 10% (308,000)
Rate
6.75 %
Mortgage Amount
$2,776,500
Mortgage Payment
$18,008
Taxes
$847
Estimated Yoreevo rebate
$51,417
Estimated closing cost
$119,000
Total monthly cost $18,855
Buy your dream home with us and get an estimated
$51,417 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Brown Harris Stevens

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