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1725 Lexington Ave
New York, NY 10029
1723-1725 Lexington Avenue & 152-156 E 108 St · Multifamily Property For Sale · 51 Units

INVESTMENT HIGHLIGHTS

  • Size: 42,000 Buildable SF including increased square footage under the new City of Yes initiative.
  • Location: Near Central Park, major retailers, and public transit (4, 5, 6 trains).
  • Development Opportunity: Surrounded by high-end rental projects achieving premium market rents.
  • Zoning: R7D, C1-5 – Ideal for multifamily or mixed-use development.
  • Rental Growth: 20%-25% rise in rents over the past 24 months.

PROPERTY FACTS

No. Units 51
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Lot Size 0.16 AC
Construction Status Proposed
Building Size 42,000 SF
No. Stories 12
Zoning C1-5/R7D & R7A - C1-5 and R7D/R7A zoning are commercial and residential district types

AMENITIES

UNIT AMENITIES

  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1635-0052
  • 1635-0051
  • 1635-0048
  • 1635-0049
Land Assessment
$774,720
Improvements Assessment
$0
Total Assessment
$774,720
  • Listing ID: 33661933

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 1725 Lexington Ave, New York, NY 10029

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