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Investment Highlights

  • Close Proximity to 2,3 Train Station.
  • High-visibility storefront with strong foot traffic.
  • Surrounded by cultural landmarks and residential growth.
  • Prime Lenox Avenue location in West Harlem.
  • Ideal for retail, café, or boutique concepts.

Executive Summary

Why Rent When You Can Own? 192 Lenox Avenue offers an exceptional retail condominium for sale in the heart of West Harlem, one of Manhattan’s fastest-growing neighborhoods. Located on prime Lenox Avenue between West 119th and West 120th Streets, this high-visibility storefront property presents a perfect owner-user or investor opportunity. Property Highlights: Ground Floor Retail Space: 925 SF Basement: 323 SF Private Backyard: 360 SF Prime Lenox Avenue Location with strong pedestrian and vehicle traffic Excellent exposure near Harlem landmarks, restaurants, and residential developments Previously occupied by LA Sweets Café, ideal for restaurant, bakery, café, boutique, salon, professional office, or retail showroom Surrounded by national and local retailers, schools, and transportation This well-positioned West Harlem retail condo combines visibility, accessibility, and long-term value, an ideal choice for a business owner seeking to own their space or an investor looking for stable cash flow and appreciation potential. Perfect for: food & beverage, retail, medical, fitness, gallery, or community use. For more information or to inquire about our exclusive off-market properties, contact Info@magnyre.com Avi Garma Broker/President, MAG Realty Associates LLC (212) 920-0226 (p) | (347) 935-0216 (m) Avi@magnyre.com

Data Room Click Here to Access

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 925 SF
  • Office/Retail
  • $1,650,000 ($1,783.78/SF)
  • -
Sale Type Investment
Sale Conditions 1031 Exchange
APN/Parcel ID 1718-0071
Description
The space includes a 925-square-foot ground floor complemented by a 323-square-foot basement and an additional 360-square-foot rear area, providing flexibility for a variety of retail concepts. Previously operated as a light food and bakery café, the property is well-suited for boutique retailers, specialty food operators, or service-oriented businesses seeking a strategic Harlem address. With approximately $20,000 in annual expenses, ownership offers manageable overhead while benefiting from the neighborhood’s upward trajectory.
Sale Notes
Contact Broker for more info.
Unit Unit Size Condo Use Price NOI
Unit 1 925 SF Office/Retail $1,650,000 ($1,783.78/SF) -

Unit 1

Unit Size
925 SF
Condo Use
Office/Retail
Price
$1,650,000 ($1,783.78/SF)
NOI
-

Unit 1

Unit Size 925 SF
Condo Use Office/Retail
Price $1,650,000 ($1,783.78/SF)
NOI -
Sale Type Investment
Sale Conditions 1031 Exchange
APN/Parcel ID 1718-0071
Description
The space includes a 925-square-foot ground floor complemented by a 323-square-foot basement and an additional 360-square-foot rear area, providing flexibility for a variety of retail concepts. Previously operated as a light food and bakery caf&#233;, the property is well-suited for boutique retailers, specialty food operators, or service-oriented businesses seeking a strategic Harlem address. With approximately $20,000 in annual expenses, ownership offers manageable overhead while benefiting from the neighborhood’s upward trajectory.</li></ul>
Sale Notes
Contact Broker for more info.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,635 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Typical Floor Size 927 SF
Year Built 1909
Lot Size 0.04 AC
Zoning R7-2, New York, (K9) - Regulations for residential development - R7-2 districts are essentially the same as R7-1 except that R7-2 districts have lower parking requirements.
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 20744849

  • Date on Market: 8/19/2020

  • Last Updated:

  • Address: 192 Lenox Ave, New York, NY 10026

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192 Lenox Ave

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