Lenox Avenue

We purchased this 24 apartment and 4 store property, in heart of Harlem, just before Central Harlem’s “big boom.”

This off-market deal boasted a centrally located property, and large 2 bedroom apartments. We undertook a gut renovation, converting the building from low income, uninhabitable apartments, to gorgeous condos housing students and young professionals alike.

Purchase Date

October 2004

Purchase Price

$2,450,000

Price Sold

$3,166,000

Percent Return

76%

Category:

2004

Tags:

atelier, culture