--- title: "240 Lenox Avenue, New York, NY 10027" description: "240 Lenox Avenue, New York, NY 10027 — NYC real estate listing on Real Estate Rebate Team. Priced at $7,500,000. Est. potential buyer savings up to $187,500 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10027/240-lenox-avenue-ny-10027" source: "Real Estate Rebate Team" --- # 240 Lenox Avenue, New York, NY 10027 > **Listing Courtesy of:** Compass ## 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. ## Property Details - **Price**: $7,500,000 - **Potential Buyer Rebate**: $187,500 - **Bedrooms**: 15 - **Bathrooms**: 5 - **Living Area**: 6,500 sqft - **Property Type**: Residential - **Year Built**: 1899 - **Building**: 240 Lenox Avenue - **Neighbourhood**: Harlem - **Area / Borough**: Manhattan - **Subdivision**: Harlem - **Listing Office**: Compass - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$187,500** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/240-lenox-avenue) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/harlem) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > This 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.