Active
347 Lexington Avenue
New York City NY, 10016
$10,000,000
Active
4 Baths
Town House
Built in 1920
Exceptional opportunity to build in mid-town Manhattan, two blocks south of Grand Central in Murray Hill. 347 Lexington Avenue is being sold in combination with 345 Lexington Avenue as part of an assemblage for a developer to build 54,210 square feet of residential, office, hotel or retail space. The zoning for both buildings is very favorable C5-3, MiD. The new development would have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and 40th Streets. 347 Lexington Avenue lot measures 18.5 by 87 feet. The residential FAR is 10 and commercial and community facility FAR is 15. The property is not landmarked and will be delivered vacant. 347 Lexington is currently a 2 family building with store and baking facilities on the ground floor, a salon on the second floor, and two residential studio apartments on the third floor.
PRCH-7943930
MLSⓇ ID
March 13, 2024
Listed
August 23, 2024
Updated
Map
347 Lexington Avenue
New York City NY, 10016
Interior Features
Total Stories
3
Total Bathrooms
4
Full Bathrooms
4
Laundry Description
Building None, None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.04 Acres
Other Property Details
Taxes
$72,240
Tax Frequency
Annually
HOA Frequency
Monthly
Garage
No
View
No
County
NewYork
Pool
No
Zoning
C5-3/MID
Listed by Rosemarie Deane with Sothebys International Realty
Listing Contact: (212) 606-7742
The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/23/2024 at 4:51 PM UTC
