182 Lexington Ave 6,158 SF 100% Leased Retail Building New York, NY 10016 For Sale

Metro Realty NY has been exclusively retained to handle the sale of 182 Lexington Avenue, a rare opportunity in the heart of Manhattan’s Kips Bay neighborhood. Just steps from Midtown’s energy, this area offers a calmer, community-focused atmosphere surrounded by dining, shopping, and vibrant nightlife.
This historic four-story stone building, originally built in 1920 and renovated in 2003, 2018, and again in 2024, spans approximately 5,016 square feet. It is currently configured as retail and residential/office (two-family), featuring two free-market residential units and a fully vented restaurant with a lower level.
The property can be delivered vacant, making it an exceptional opportunity for an end user, investor, or owner-operator looking to customize the space to their needs.
Ideally positioned at the crossroads of Midtown South, Gramercy, and Lexington & 30th, this location has seen significant transformation with new luxury condos, rentals, high-end restaurants, and a thriving nightlife scene. Many nearby establishments even hold Michelin Star distinctions, reflecting the value and demand in the immediate area.