Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
273 Lenox Avenue

For Sale · Listing by Compass

273 Lenox Avenue

Harlem, Manhattan

$2,800,000

Interested in this property?
Active For Sale Mixed Use

$2,800,000

$576 per sq ft

273 Lenox Avenue

Harlem, Manhattan

MLS® #RLS20070860

RLS at REBNY

Listing by Compass

Open Houses Scheduled

Tuesday, July 28 • 9:00 AM – 5:00 PM

Wednesday, July 29 • 9:00 AM – 5:00 PM

Thursday, July 30 • 9:00 AM – 5:00 PM

Friday, July 31 • 9:00 AM – 5:00 PM

Saturday, August 1 • 9:00 AM – 5:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2
Bedrooms
2.5
Baths
4,860
Sq. Ft.
1909
Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 2 half
Living Area 4,860 sq ft
Lot Size 1,275 sq ft
Year Built 1909
Ownership None
Property Taxes $20,728.8/yr
Neighborhood Harlem
Floor 1 of 4

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Terrace
  • Fireplace: 1 fireplace

Property Details

Type Mixed Use
Ownership None
Total Rooms 12
Baths 2 Full, 2 Half
Floor 1 of 4
Exposure East,West
Heating Central
Cooling Central Air
Pets Yes
Year Built 1909
Living Area 4,860 sq ft
Structure Type MixedUse,Townhouse
Flooring Hardwood
Furnished Unfurnished
Basement Full
Lot Size 1,275 sq ft
Block/Lot 01908/0133

Listing History

Event Date Price Change
Listed Jan 31, 2026 $3,300,000 -
Price Reduced Jun 22, 2026 $2,700,000 -18.2%
Currently Jul 28, 2026 $2,800,000 +3.7%

Description

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.

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings In Unit See Remarks Flooring: Hardwood Double Pane Windows Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Storage

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 4
Structure MixedUse,Townhouse

Financial Details

RE Taxes $20,728.8/yr ($1,727/mo)
Original Price $3,300,000
Previous Price $2,700,000

Harlem is a neighborhood of immense cultural significance and architectural beauty. Known for its historic 'Strivers' Row' and storied jazz heritage, the area offers some of the most impressive townhouse architecture in New York City. The real estate market is wide-ranging, featuring beautifully restored brownstones, value-driven HDFC cooperatives, and a growing number of modern luxury condominiums that offer contemporary amenities in a historic setting.

Harlem Live Market Data

View Neighborhood

Active Listings

56

Median Asking Price

$785K

Median $/Sqft

$930

Avg Days on Market

N/A

New This Week

2

Price Reduced

38%

Sold (30 Days)

7

Median Sale Price

$1.17M

Live data from RLS at REBNY • Updated 7/28/26, 3:34 PM EST

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Location

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273 Lenox Avenue, Harlem, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1909
Year Built
117 years old
4
Floors
1
Residential Units
C4-4
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $184,560
Land Value: $44,220
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,275 SF
Building Area: 3,825 SF
Built FAR: 3
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $20,728.8, or roughly $1,727 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 2 half bathrooms.

The listed interior living area is 4,860 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1909, making it approximately 117 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $2,800,000 for 4,860 sq ft, the asking price per square foot is approximately $576. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20070860
First Listed: 2/6/2026
On Market: 1/31/2026
Price Changed: 6/22/2026
Contract Date: 1/26/2026

Listing Courtesy of Compass - John R McGuinness

Listing Contact: (617) 833-5668

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 7/28/2026 at 7:34 PM UTC

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Harlem Market Update

7 sales last 30 days · $785K median · 8 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Mixed Use Neighborhood Harlem Borough Manhattan
County New York
Floor 1 of 4
Year Built 1909
First Listed 2/6/2026
Living Area 4,860 sqft
Annual Tax $20,728.8

Monthly Costs Estimate

Down Payment 20%

$560,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,727
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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