321 LENOX
This 6-story mixed-use elevator building stands at the intersection of Lenox Avenue and West 126th Street in Harlem. The 28,425 square foot property houses 32 free market apartments, ground floor retail with a long-term F&B tenant, and three revenue-generating cell tower installations. Its position—steps from the cultural landmarks of 125th Street, including the Apollo Theater and the new Studio Museum—offers residents access to one of Manhattan's most vibrant culinary and cultural corridors.
High End Hospitality identified this opportunity in 2022, structured the acquisition, and developed a targeted value-add strategy. Our approach focused on three key areas: enhancing common spaces, introducing tenant amenities that respond to neighborhood demographics, and reconfiguring select units to better align with evolving market demand. This precise intervention preserves the property's character while optimizing its performance in a rapidly evolving submarket.