345 Lexington Ave | New York, NY 10016
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- LoopNet Team
345 Lexington Ave
New York, NY 10016
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic. Surrounded by Midtown office buildings. Two blocks from Grand Central. Close to transportation.
- Add value by leasing entire building
- Exceptional FAR of 15 commercial, 10 residential
- Opportunity for redevelopment and building 54,000+square feet if sold with 347 Lexington
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,049 SF
Building Class
C
Year Built/Renovated
1920/1970
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.54
Lot Size
0.05 AC
Zoning
C5-3 - C5-3, MID
FAR of 15 for commercial or community facility, FAR of 10 for residential units
Total allowable usable floor area ratio 29,970 square feet
Frontage
20’ on 345 Lexington Avenue
AMENITIES
- Courtyard
- Signage
- Storage Space
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 0895-0073 | Improvements Assessment | $409,133 |
| Land Assessment | $388,879 | Total Assessment | $798,012 |
PROPERTY TAXES
Parcel Number
0895-0073
Land Assessment
$388,879
Improvements Assessment
$409,133
Total Assessment
$798,012
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