Log In/Sign Up
Your email has been sent.
1049 Lexington Ave
New York, NY 10021
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Upper East Side location on Lexington Avenue
- Surrounded by luxury retail, dining, and cultural attractions
- Historic architectural character with flexible layout potential
- High pedestrian traffic and strong neighborhood demographics
- Excellent transit access via subway and bus routes
EXECUTIVE SUMMARY
A timeless Upper East Side building and location, 1049 Lexington Avenue presents a rare investment opportunity in one of Manhattan’s most coveted retail and residential corridors. Originally built in 1910, this elegant four-story building masterfully blends prewar character with modern updates.
The property is currently configured with a luxury retail brand occupying the ground and second floors, and two beautifully renovated free-market residential apartments above.
The retail space—home to a distinguished stationery boutique—features a gracious storefront with custom built-ins, a stylish back office, and a renovated powder room. The second floor, presently used as an office and meeting space, includes two renovated powder rooms, while the cellar provides ample storage.
A separate street entrance leads to the upper two full-floor residences, each approximately 900 square feet. Both apartments have been thoughtfully renovated with modern kitchens and baths and share access to a private roof terrace—an inviting retreat above the city. The third-floor apartment features an in-unit washer/dryer, while the fourth-floor residence is enhanced by multiple skylights that flood the home with natural light.
Perfectly positioned along Lexington Avenue near 75th Street, this impeccably maintained mixed-use property offers prime visibility, enduring architectural charm, and flexible potential—an exceptional opportunity for investors and end users alike in the heart of the Upper East Side.
The property is currently configured with a luxury retail brand occupying the ground and second floors, and two beautifully renovated free-market residential apartments above.
The retail space—home to a distinguished stationery boutique—features a gracious storefront with custom built-ins, a stylish back office, and a renovated powder room. The second floor, presently used as an office and meeting space, includes two renovated powder rooms, while the cellar provides ample storage.
A separate street entrance leads to the upper two full-floor residences, each approximately 900 square feet. Both apartments have been thoughtfully renovated with modern kitchens and baths and share access to a private roof terrace—an inviting retreat above the city. The third-floor apartment features an in-unit washer/dryer, while the fourth-floor residence is enhanced by multiple skylights that flood the home with natural light.
Perfectly positioned along Lexington Avenue near 75th Street, this impeccably maintained mixed-use property offers prime visibility, enduring architectural charm, and flexible potential—an exceptional opportunity for investors and end users alike in the heart of the Upper East Side.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,210 SF
Building Class
C
Year Built
1910
Price
$4,500,000
Price Per SF
$1,401.87
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.43
Lot Size
0.02 AC
Zoning
C1-8X - Commercial district predominantly residential in character
Frontage
17’ on Lexington Ave
PROPERTY TAXES
| Parcel Number | 1409-0154 | Improvements Assessment | $561,600 |
| Land Assessment | $378,900 | Total Assessment | $940,500 |
PROPERTY TAXES
Parcel Number
1409-0154
Land Assessment
$378,900
Improvements Assessment
$561,600
Total Assessment
$940,500
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
