137 Lexington Avenue
137 Lexington Avenue
Sold 9/14/23
Sold 9/14/23
Description
This four-story walk-up building contains six residential units and one commercial ground floor unit.
Of the six residential units there is one rent stabilized unit and five free market units. There...137 Lexington Avenue is a multifamily four story building. The asset is approximately 5,708 square feet plus a usable basement measuring 1353 square feet for a total of 7,061 square feet. The FAR allows for an additional 2,864 square feet for a total of 9,925 buildable square feet (including basement).
This four-story walk-up building contains six residential units and one commercial ground floor unit.
Of the six residential units there is one rent stabilized unit and five free market units. There are three studios and three 2-bedroom units. The first floor unit and part of the basement is currently rented to a laundromat.
This property is located in one of Manhattan's most sought after and active neighborhoods in the city and is in close proximity to some of the best shops, restaurants, and office buildings. The asset is also within several blocks to both highly coveted Madison Square Park and Gramercy Park. The 4 and 6 trains are just a block away and the M101,M102, M103, X2 and X5 bus lines are accessible on Lexington Avenue and 28th Street. As strong residential rental demand continues to drive rental rates higher, 137 Lexington Avenue
offers investors the opportunity to capitalize on an asset with considerable upside as well as consideration for re-development on a prime corner and neighborhood in Manhattan.
Please note some images have been virtually staged.
Listing Agent
![Austin Schuster]()
austin.schuster@compass.comP: 917.723.8194
Amenities
- Lowrise
Location
Property Details for 137 Lexington Avenue
| Status | Sold |
|---|---|
| Days on Market | 12 |
| Taxes | $5,659 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 16.0 |
| Compass Type | Townhouse |
| MLS Type | Multi Family |
| Year Built | 1920 |
| Lot Size | 1,424 SF / 17' x 85' |
| County | New York County |
Building
137 Lexington Ave
Location
Virtual Tour
Building Information for 137 Lexington Avenue
Payment Calculator
$33,492 per month
30 year fixed, 7.25% Interest
$27,833
$5,659
$0
Property History for 137 Lexington Avenue
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 137 Lexington Avenue
Schools near 137 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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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.