824 Lexington Avenue

New York, NY

For Sale

$10,000,000

OVERVIEW

LOCATION:
824 Lexington Avenue, New York, NY 10065

Neighborhood: Upper East Side

Asset Type: Mixed Use

Square Feet: 7,637

Stories: 5

Residential Units: 6

Commercial Units: 2

 

Description

Besen & Associates, as exclusive agent for Ownership, is pleased to offer for sale 824 Lexington Avenue, New York, NY 10065  (the “Property”) also known as 135 East 63rd Street, is located on the northwest corner of East 63rd Street and Lexington Avenue in the Lenox Hill section of Manhattan’s Upper East Side. Built in 1910 and last altered in 1989, the 7,637± SF property consists of a 5-story, mixed-use building with 6 residential units and two full floors of corner Avenue retail. There is tremendous foot-traffic throughout the neighborhood.

 

 

  • Well-maintained property requiring minimal near-term capital

 

  • Potential to increase cash flow by leasing two vacant residential units and the rooftop antenna

 

  • Corner building on Lexington Avenue boasting tremendous foot-traffic

 

  • Long Term Ownership - First Sale in 50+ Years

 

Nearby Transportation

The Property is situated at the entrance to the Lexington Avenue/63rd Street F, Q subway trains, as well as walking distance from Lexington Avenue/59th Street N, R, W subway trains.