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
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1910
Type & Style
- Home type: SingleFamily
- Property subType: Building
Interior
Appliances
- Appliances included: Dishwasher
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Interior Area
- Total structure area: 0
Property
Details
- Special condition: Resale
Features
- Has view: Yes
- View description: City,Garden,Skyline
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Hurricane
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,754 | $273,048 |
| Home Insurance * | $5,283 | $63,396 |
| Property Taxes | $2,662 | $31,944 |
| Electricity | $246 | $2,954 |
| Total | $30,945 | $371,340 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-21 | Price change | $4,500,000 |
| 2025-09-26 | Listed for sale | $5,500,000 |
| 2025-06-23 | Listing removed | $5,500,000 |
| 2025-06-12 | Listed for sale | $5,500,000 |
| 2025-05-27 | Listing removed | $5,500,000 |
| 2025-03-31 | Price change | $5,500,000 |
| 2025-03-11 | Listed for sale | $5,950,000 |
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