From the photos:
The pressed‑steel body with arched roof, vent grilles, and bell on top matches the Lionel No. 152 or 153 electric locomotive style.
The two‑axle frame and manual reverse lever underneath are typical of early O‑gauge tinplate models.
The paint scheme—maroon with gold trim—was used on several versions between 1923 and 1934.
Lionel produced these in its New York City factory at 15 East 26th Street and later 33rd Street. During this era:
Headquarters and manufacturing were both in Manhattan.
The company was led by Joshua Lionel Cowen, who emphasized realism and electric operation.
These small electrics were marketed as “yard switchers” for layouts powered by Lionel’s early transformers.
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I'm sorry, I have no way to test this Lionel locomotive to see if it operates.