344 Lexington Ave
New York, NY 10016
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Heavy foot traffic
- Near Grand Central
- Perfect restaurant or end-user space
Property Facts
| No. Units | 15 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 6,534 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1920 |
| Building Class | C | ||
| Zoning | C5-3 - C5- Central commercial district with continuous retail frontage intended for offices and retail establishments | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,534 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | C5-3 - C5- Central commercial district with continuous retail frontage intended for offices and retail establishments |
Amenities
Unit Amenities
- Air Conditioning
About 344 LEXINGTON AVE , NEW YORK, NY 10016
A 19.75’ wide, 5-story, approximately 6,534 square foot walkup building located on the west side of Lexington Avenue between East 39th and East 40th Streets in the vibrant Manhattan neighborhood of Murray Hill. The building has been vacant since June 2013 and is ready for a full gut renovation. The zoning allows for commercial, residential or community facility uses with retail on the ground floor. The property’s superb location sits just steps away from the Midtown office Plaza District, Chrysler Building, Bryant Park, Empire State Building and numerous modes of transportation through nearby Grand Central Terminal making access incredibly convenient to all of New York City. While the air rights are not included in the sale, a future owner may benefit from a 50% interest in the future sale or utilization of them.
Property Taxes
| Parcel Number | 0895-0074 | Improvements Assessment | $493,500 |
| Land Assessment | $128,700 | Total Assessment | $622,200 |
Property Taxes
