141 Lexington Avenue Kips Bay New York NY 10016

Price Drop

Building For Sale

$ 5,500,000 [ 7.56% | $ 450,000 ]

Ownership Rental Property

Status Active

Real Estate Taxes [Per Annum] $ 76,210

Building Type Townhouse

ASF/ASM 5,868/545

Listing ID: 99586TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

Property Description

INVESTMENT HIGHLIGHTS

Fully leased Mixed-Use building
6 Free market rental units and 1 commercial space
Recently renovated
4000+ Square Foot in unused FAR and Air Rights
Prime location for shopping and restaurants
Exceptionally Accessible to MTA and Bus Stops

141 Lexington Ave is a prime investment opportunity in the heart of Kips Bay, offering a fully leased mixed-use building with six free-market residential units and one commercial space. Recently renovated, this property boasts modern upgrades while maintaining its classic New York charm. With over 4,000 square feet of unused FAR and air rights, there is significant potential for future development. Situated in a vibrant neighborhood known for its top-tier shopping and dining options, the building is exceptionally accessible, with multiple MTA subway lines and bus stops just steps away.

INVESTMENT HIGHLIGHTS

Fully leased Mixed-Use building
6 Free market rental units and 1 commercial space
Recently renovated
4000+ Square Foot in unused FAR and Air Rights
Prime location for shopping and restaurants
Exceptionally Accessible to MTA and Bus Stops

Listing Courtesy of Corcoran Group

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Apartment Features

A/C

Building Details [141 Lexington Avenue]

Ownership Rental Property

Service Level Voice Intercom

Access Walk-up

Block/Lot 885/27

Building Type Townhouse

Floors 4

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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. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.