MLS® ID: RLMX-0050800316165
188 Lenox Avenue
Manhattan, New York, 10026 $3,100,000
Showing Monday's - Thursday's, By Appointment with 30-minutes notice to Listing Agent. Do not disturb tenants.
Do you want to live and operate a business on the Champs-Elyses of the USA? Then come call 188 Malcolm X. Blvd. your next home! Harlem Lofts has been retained on an exclusive basis to arrange for the sale of 188 Malcolm X. Blvd. which is a 17.5' wide mixed use building (with previously approved plans by DOB to convert to a legal 4-family + Commercial) located on the East side of Malcolm X. Blvd. between 119th and 120th St. with spectacular retail frontage.
Standing tall and proud waiting for its next owners, 188 Malcolm X. Blvd. resides on Harlem's most exclusive retail corridor with a beautiful tree lined median in the heart of the Mt. Morris Historic Park Historic District. This stretch of Malcolm X. Blvd. is home to upscale retail giants such as Whole Foods, Gucci by Dapper Dan, and Starbucks along with Marcus Samuelsons historic Red Rooster restaurant. In addition youll find coffee shops, boutique restaurants, and of course the separate corporate headquarters of Harlem Property Management and Harlem Lofts.
At the epicenter of the Harlem Renaissance this building's facade is the quintessential Harlem townhouse with retail at street level. The building's owner will be able decide on the final layout and most importantly receive market rates as this building will be delivered vacant. To pique your interest, the current Owners submitted Alt-1 plans to DOB in 2014 which were approved that laid out two (2) studios on the 2nd floor, and floor-thru two-bedroom apartments on the 3rd and 4th floor while retaining the commercial store on street level. Nearby transportation includes access to all points Manhattan, the Bronx, and Queens with the 2/3 subway at 125th Street, the 1-train at 116th Street, the 4/5/5 subway at 125th St. and Lexington Ave. and the M2, M3, and M60 select bus service to LaGuardia Airport.
The Owner applied for, was granted, and received a Certificate of No Harassment (CONH) in 2009 which expired in 2012. The Owner has re-submitted and re-applied for the CONH which will be delivered along with a vacant building at closing. In 2014, DOB approved plans to convert into a 4-family + Commercial in 2014 can be refiled. These plans called for two studios and two floor through 2-bedroom / 1-bathroom apartments.
* Gross square footage is inclusive of the cellar.
* All measurements to be confirmed by the buyer(s).
* All information herein is gathered from third-party sources and is deemed reliable.