1725 Lexington Ave - Apartments FOR SALE
New York, NY 10029 |
1725 Lexington Ave
New York, NY 10029
HIGHLIGHTS
- Size: 42,000 Buildable SF including increased square footage under the new City of Yes initiative.
- Zoning: R7D, C1-5 – Ideal for multifamily or mixed-use development.
- Location: Near Central Park, major retailers, and public transit (4, 5, 6 trains).
- Rental Growth: 20%-25% rise in rents over the past 24 months.
- Development Opportunity: Surrounded by high-end rental projects achieving premium market rents.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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STATUS
Proposed
BUILDING DETAILS
PROPERTY NAME
1723-1725 Lexington Avenue & 152-156 E 108 St
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
42000
STORIES
12
YEAR BUILT
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
1635-0048,1635-0049,1635-0051,1635-0052
