321-323 Lenox Avenue - Agorafy
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Premier Central Harlem Free Market Corner Mixed-Use Elevator Building
321-323 Lenox Avenue $25,000,000
Property Type: Mixed-Use Location: New York, New York Neighborhood: Upper Sub-District: Central Harlem Number of Units: 33 Square Footage: 23,746
321-323 Lenox Avenue is lcoated on the Northwest Corner of West 126th Street and Lenox Avenue in Central Harlem, Upper Manhattan. The 6-story mixeduse, plus basement elevator Property contains 32 residential units (including one superintendent unit), a ground floor corner commercial unit leased to critically acclaimed culinary destination Corner Social Bar & Kitchen and rooftop antennas, which are currently leased to three telecommunications service providers. All of the residential units are free market status and have been recently renovated. The building’s residential component is currently ±94% occupied with two vacant units. The apartments consist of a mix of 10 studios (including the superintendent’s unit), 10 one-bedrooms and 12 two-bedrooms. All 32 units contain 1 bathroom. Corner Social Bar and Kitchen occupies ±2,000 square feet on the ground floor on a 12-year lease through September 2023 and has one 5-year extension option at 100% of FMV. The offering presents investors with the opportunity to acquire a high-quality and extremely well located mixed-use asset in the booming Upper Manhattan neighborhood of Central Harlem. The property offers strong in-place income, immediate upside potential and future condominium conversion opportunity.
PREVIOUS (/PROPERTIES/321-323-EAST-58TH-STREET/)
Listing Contact Info David Schechtman, Esq. (/people/david-schechtman-esq) Exec utive Managing Direc tor 646.658.7352
email (mailto:[email protected])
Lipa Lieberman (/people/lipa-lieberman) Senior Managing Direc tor 646.658.7317
email (mailto:[email protected])
Adelaide Polsinelli (/people/adelaide-polsinelli) Senior Managing Direc tor 646.658.7327
email (mailto:[email protected])
Gary Meese (/people/gary-meese) Senior Direc tor, Financ ial Servic es 646.658.7351
email (mailto:[email protected])
Location
NEXT (/PROPERTIES/36-RIVERSIDE-DRIVE/)
(http://maps.google.com/maps?ll=40.818146,-73.938015&z=15&t=m&hl=en-US&gl=US&mapclient=apiv3)
Map data ©2015 Google
Photos
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/d35fbed3c7ddb7be53a7/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/1e821de49efbc76b 323%20Lenox%20Avenue%20-%20Apartment%20Photos%201.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%202.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/f6ebd0f161ebe2295eee/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/355c4b69fb2d7291 323%20Lenox%20Avenue%20-%20Apartment%20Photos%203.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%204.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/8237e699ebfda14aec70/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/e2aaf189ddb56bcd 323%20Lenox%20Avenue%20-%20Apartment%20Photos%205.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%206.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/ecd0981b736b5524dba1/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/ef5f0b668e00a53f2 323%20Lenox%20Avenue%20-%20Apartment%20Photos%208.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%207.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/d0e50d5b8d37d81e0865/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/8b5bcdb8bca3c1a 323%20Lenox%20Avenue%20-%20Apartment%20Photos%209.jpg) 323%20Lenox%20Avenue%20-%20Insert%201.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/342629ea1cf99f3315eb/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/281798345382160b 323%20Lenox%20Avenue%20-%20Insert%202.jpg) 323%20Lenox%20Avenue%20-%20Retail%20Space%202.jpg) Next
Documents 321-323 Lenox Ave Principal Confidentiality Agreement (https://easternconsolidated.s3.amazonaws.com:443/properties/docs/0efe911e46e512f8b69e/321323%20Lenox%20Ave%20Principal%20Confidentiality%20Agreement.pdf)
Contact Us (/company/contact/) Privacy Policy (/company/privacy-policy/) © 2014 Eastern Consolidated. All Rights Reserved. 355 Lexington Avenue, New York, NY 10017
Premier Central Harlem Free Market Corner Mixed-Use Elevator Building
321-323 Lenox Avenue $25,000,000
Property Type: Mixed-Use Location: New York, New York Neighborhood: Upper Sub-District: Central Harlem Number of Units: 33 Square Footage: 23,746
321-323 Lenox Avenue is lcoated on the Northwest Corner of West 126th Street and Lenox Avenue in Central Harlem, Upper Manhattan. The 6-story mixeduse, plus basement elevator Property contains 32 residential units (including one superintendent unit), a ground floor corner commercial unit leased to critically acclaimed culinary destination Corner Social Bar & Kitchen and rooftop antennas, which are currently leased to three telecommunications service providers. All of the residential units are free market status and have been recently renovated. The building’s residential component is currently ±94% occupied with two vacant units. The apartments consist of a mix of 10 studios (including the superintendent’s unit), 10 one-bedrooms and 12 two-bedrooms. All 32 units contain 1 bathroom. Corner Social Bar and Kitchen occupies ±2,000 square feet on the ground floor on a 12-year lease through September 2023 and has one 5-year extension option at 100% of FMV. The offering presents investors with the opportunity to acquire a high-quality and extremely well located mixed-use asset in the booming Upper Manhattan neighborhood of Central Harlem. The property offers strong in-place income, immediate upside potential and future condominium conversion opportunity.
PREVIOUS (/PROPERTIES/321-323-EAST-58TH-STREET/)
Listing Contact Info David Schechtman, Esq. (/people/david-schechtman-esq) Exec utive Managing Direc tor 646.658.7352
email (mailto:[email protected])
Lipa Lieberman (/people/lipa-lieberman) Senior Managing Direc tor 646.658.7317
email (mailto:[email protected])
Adelaide Polsinelli (/people/adelaide-polsinelli) Senior Managing Direc tor 646.658.7327
email (mailto:[email protected])
Gary Meese (/people/gary-meese) Senior Direc tor, Financ ial Servic es 646.658.7351
email (mailto:[email protected])
Location
NEXT (/PROPERTIES/36-RIVERSIDE-DRIVE/)
(http://maps.google.com/maps?ll=40.818146,-73.938015&z=15&t=m&hl=en-US&gl=US&mapclient=apiv3)
Map data ©2015 Google
Photos
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/d35fbed3c7ddb7be53a7/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/1e821de49efbc76b 323%20Lenox%20Avenue%20-%20Apartment%20Photos%201.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%202.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/f6ebd0f161ebe2295eee/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/355c4b69fb2d7291 323%20Lenox%20Avenue%20-%20Apartment%20Photos%203.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%204.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/8237e699ebfda14aec70/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/e2aaf189ddb56bcd 323%20Lenox%20Avenue%20-%20Apartment%20Photos%205.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%206.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/ecd0981b736b5524dba1/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/ef5f0b668e00a53f2 323%20Lenox%20Avenue%20-%20Apartment%20Photos%208.jpg) 323%20Lenox%20Avenue%20-%20Apartment%20Photos%207.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/d0e50d5b8d37d81e0865/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/8b5bcdb8bca3c1a 323%20Lenox%20Avenue%20-%20Apartment%20Photos%209.jpg) 323%20Lenox%20Avenue%20-%20Insert%201.jpg)
(https://easternconsolidated.s3.amazonaws.com:443/properties/images/342629ea1cf99f3315eb/321(https://easternconsolidated.s3.amazonaws.com:443/properties/images/281798345382160b 323%20Lenox%20Avenue%20-%20Insert%202.jpg) 323%20Lenox%20Avenue%20-%20Retail%20Space%202.jpg) Next
Documents 321-323 Lenox Ave Principal Confidentiality Agreement (https://easternconsolidated.s3.amazonaws.com:443/properties/docs/0efe911e46e512f8b69e/321323%20Lenox%20Ave%20Principal%20Confidentiality%20Agreement.pdf)
Contact Us (/company/contact/) Privacy Policy (/company/privacy-policy/) © 2014 Eastern Consolidated. All Rights Reserved. 355 Lexington Avenue, New York, NY 10017
