345 Lexington Avenue
Description
Commercial: Retail space basement with storage area. First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear. Second floor: Office space, 3 rooms, full bath, washing machine and dryer,...345 Lexington Avenue is a 3 family building with store. The lot measures 20.42ft by 99.75ft and lot square footage pf 2000 square feet (approx.) The residential FAR is 10 and the commercial and facility FAR is 15. The property is not landmarked. The property is divided as follows:
Commercial: Retail space basement with storage area. First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear. Second floor: Office space, 3 rooms, full bath, washing machine and dryer, cooking facilities and bar, terrace and garden access. Residential:
Third floor: 3 rooms, full bath, full kitchen, walk through closet Fourth floor: 3 rooms, full bath, full kitchen with dishwasher, walk through closet. If bought with 347 Lexington Avenue both properties provide an exceptional opportunity in midtown Manhattan, two blocks south of Grand Central in Murray Hill to build 54,120 square feet of commercial or 40,000 square feet of residential space. Additional air rights of 27,000 square fee are available from an adjacent property. The zoning for 345 Lexington and 347 Lexington Avenue is exceptionally favorable C5-3, MiD. The new building will have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and East 40th streets.
345 Lexington Avenue is a 3 family building with store. The lot measures 20.42ft by 99.75ft and lot square footage pf 2000 square feet (approx.) The residential FAR is 10 and the commercial and facility FAR is 15. The property is not landmarked. The property is divided as follows:
Commercial: Retail space basement with storage area. First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear. Second floor: Office space, 3 rooms, full bath, washing machine and dryer, cooking facilities and bar, terrace and garden access. Residential:
Third floor: 3 rooms, full bath, full kitchen, walk through closet Fourth floor: 3 rooms, full bath, full kitchen with dishwasher, walk through closet. If bought with 347 Lexington Avenue both properties provide an exceptional opportunity in midtown Manhattan, two blocks south of Grand Central in Murray Hill to build 54,120 square feet of commercial or 40,000 square feet of residential space. Additional air rights of 27,000 square fee are available from an adjacent property. The zoning for 345 Lexington and 347 Lexington Avenue is exceptionally favorable C5-3, MiD. The new building will have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and East 40th streets. Less
Amenities
- Private Terrace
- Common Garden
- Common Outdoor Space
- Walk Up
- Washer / Dryer in Unit
- Dryer
- Dishwasher
- Voice Intercom
Property Details for 345 Lexington Avenue
| Status | Active |
|---|---|
| MLS ID | RLS10974377 |
| Days on Market | 650 |
| Taxes | $7,940 / month |
| Maintenance | - |
| Min. Down Pymt | 10% |
| Total Rooms | 9.0 |
| Compass Type | Townhouse |
| MLS Type | Mixed Use |
| Year Built | 1920 |
| Lot Size | 1,998 SF / 20' x 99' |
| County | New York County |
Building
345 Lexington Ave
Location
Building Information for 345 Lexington Avenue
Payment Calculator
$52,412 per month
30 year fixed, 6.28% Interest
$44,472
$7,940
$0
Property Information for 345 Lexington Avenue
- Subdivision Name: Murray Hill
- Cross Street: Between East 39th and East 40th
- Stories Total: 4
- Garage Spaces: 0.0
- Zoning Description: Zoning allows for 29,970 allowable building SF, with 15 FAR commercial and 10 FAR residential. Excellent development site if combined with 347 Lexington, with total allowable FAR of 24,150 SF. Combination of 345 and 347 Lexington would provide 54, ...
- Tax Lot: 0073
- Tax Block: 00895
- Association Fee Frequency: Monthly
- Building Tax Lot: 0073
- Tax Abatement YN: false
- Garage: No
- Garage Spaces Assigned YN: false
- Virtual Tour URL Unbranded: https://345lexingtonave.com/
- Living Area: 3049.0
- Building Area Total: 3057.0
- Building Area Units: SquareFeet
- Lot Features: BackYard
- Lot Size Dimensions: 20.42 x 99.75
- Living Area Units: SquareFeet
- Above Grade Finished Area Units: SquareFeet
- Lot Size Source: PublicRecords
- Area Over FAR: 0.0
- Area Under FAR: 3057.0
- Building Exterior Features: Garden
- Building Laundry Features: InUnit, None
- Building Pets Allowed: BuildingYes
- New Development: No
- Sponsor Unit: No
- Certificate Of Occupancy: Yes
- Current Use: MixedUse, MultiFamily, Retail, Residential
- New Construction: No
- Structure Type: MixedUse
- Property Condition: Good
- Basement: Other
- Exterior Features: Garden
- Spa: No
- Fireplace: No
- Furnished: Unfurnished
- Basement: Yes
- Laundry Features: InUnit
- Bathroom Condition: Good
- ElevatorsTotal: 0
- Size Dimensions: 20 x 51
- Number Of Units Total: 4
- Pets Allowed: UnitYes
- Delivered Vacant: Yes
- Availability Date: 02-26-2024
- Attendance Type: None
Property History for 345 Lexington Avenue
| Date | Event & Source | Price |
|---|---|---|
| 02/12/2025 | $8,000,000 | |
| 02/23/2024 | $9,000,000 | |
| 01/31/2021 | $14,900,000 | |
| 10/14/2019 | $14,900,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 345 Lexington Avenue
Schools near 345 Lexington Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 116 Mary Lindley Murray PublicPK to 5 | ||
Nyc Lab Ms For Collaborative Studies Public6 to 8 | ||
Lower Manhattan Community Middle School Public6 to 8 | ||
Jhs 104 Simon Baruch Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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