141 Lexington Ave #A, New York, NY, 10016

About This Home

Now Offered at $4,500,000 Discover a rare investment opportunity in the heart of Manhattan. 141 Lexington Avenue is a fully leased, turn-key property featuring six free-market residential units and one ground-floor retail space, totaling 4,278 sq. ft. of prime real estate. Property Highlights: Location: Kips Bay – steps from Murray Hill, Gramercy Park, and NoMad Building Size: 16’ x 85’ (Lot: 16.25’ x 85’) Year Built: 1910 | Renovated: 2019 Current NOI: $215,830 Low Taxes: $71,768 annually Unused FAR: 4,033 sq. ft. Features & Condition: Recently renovated with upgraded systems and interiors Pre-war charm with modern finishes Common laundry and storage in basement Fully occupied with free-market tenants – no rent regulation Neighborhood & Accessibility: Surrounded by top dining, shopping, and entertainment Minutes to 28th Street (6 train), 33rd Street subway, and East River ferries Close to NYU Langone, Baruch College, and Midtown offices Investment Upside: Strong cash flow with stable tenancy Potential for vertical expansion or condo conversion Rare free-market units in a high-demand rental market Address: 141 Lexington Avenue, New York, NY 10016 Price: $4,500,000