420 LENOX Avenue, New York City, NY 10037
Listing Courtesy of Douglas Elliman Real Estate
$3,000,000
Potential Rebate: $45,000
Overview
<p> </p> <p>A well-restored Pre-War townhouse located in the heart of one of Harlem's most active and evolving neighborhoods. This four-story building, comprising over 5,400 square feet, has been fully renovated and is currently fully occupied. It includes two well-proportioned ground-floor units, a large one-bedroom apartment, a bright studio, and a spacious three-bedroom, two-bath duplex with a private terrace. A full basement adds valuable space for laundry and storage.</p> <p> </p> <p>Located on a lively corner with excellent visibility, the property is steps from the 2/3 express trains, Harlem Hospital, the Schomburg Center, and the Harlem YMCA. Whole Foods, Trader Joe's, Staples, and Studio Museum are all nearby, as are a wide range of neighborhood cafés, bars, and restaurants.</p> <p> </p> <p>With stable tenancy and an address in one of Harlem's most steadily evolving areas, this property combines immediate income with long-term growth potential - a solid and uncommon investment in a location rich with history and energy.</p> <p> </p>
Home Features
- •Smoke Free
Estimated Monthly Payment
$17,199 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$45,000
Monthly savings impact
$125/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Rebates Up To
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25+ Years
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20058785
Price Analysis
Compare average listing prices and value metrics for 420 LENOX Avenue against the surrounding Central Harlem market.
Average List Price
Price Per SqFt
37.27% Lower
than the Central Harlem price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Central Harlem
Overview of Central Harlem
Central Harlem is the cultural capital of Black America. Known for its jazz clubs and historic brownstones. For buyers seeking Central Harlem Manhattan real estate, it offers history and community.
Living in Central Harlem is soulful. As a Manhattan NYC neighborhood, it is experiencing a renaissance.
Real Estate & Housing Market
The market for homes for sale in Central Harlem includes renovated brownstones and new condos.
Lifestyle & Community
The lifestyle in Central Harlem is vibrant. 125th Street is the commercial heartbeat.
Transportation & Accessibility
Central Harlem is served by the 2/3 and B/C trains.
Parks, Schools & Amenities
Marcus Garvey Park is a community gathering spot.
Amenities: The Apollo Theater is a global icon.
Who This Neighborhood Is Best For
Central Harlem is best for culture seekers and families.
