Active

345 Lexington Avenue

New York City NY, 10016

$9,000,000


$2,951.79 per sqft

Active

3 Beds

4 Baths

3,049 sqft

Commercial

Built in 1920

345 Lexington Avenue is a 3 family building with store. The lot measures 20.42ft by 99.75ft and lot square footage pf 2000 square feet (approx.) The residential FAR is 10 and the commercial and facility FAR is 15. The property is not landmarked. The property is divided as follows:

Commercial: Retail space basement with storage area.

First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear.

Second floor: Office space, 3 rooms, full bath, washing machine and dryer, cooking facilities and bar, terrace and garden access.

Residential:
Third floor: 3 rooms, full bath, full kitchen, walk through closet Fourth floor: 3 rooms, full bath, full kitchen with dishwasher, walk through closet.

If bought with 347 Lexington Avenue both properties provide an exceptional opportunity in midtown Manhattan, two blocks south of Grand Central in Murray Hill to build 54,120 square feet of commercial or 40,000 square feet of residential space. Additional air rights of 27,000 square fee are available from an adjacent property.

The zoning for 345 Lexington and 347 Lexington Avenue is exceptionally favorable C5-3, MiD.

The new building will have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and East 40th streets.

345 Lexington Avenue is a 3 family building with store. The lot measures 20.42ft by 99.75ft and lot square footage pf 2000 square feet (approx.) The residential FAR is 10 and the commercial and facility FAR is 15. The property is not landmarked. The property is divided as follows:

Commercial: Retail space basement with storage area.
First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear.
Second floor: Office space, 3 rooms, full bath, washing machine and dryer, cooking facilities and bar, terrace and garden access.

Residential:
Third floor: 3 rooms, full bath, full kitchen, walk through closet Fourth floor: 3 rooms, full bath, full kitchen with dishwasher, walk through closet.

If bought with 347 Lexington Avenue both properties provide an exceptional opportunity in midtown Manhattan, two blocks south of Grand Central in Murray Hill to build 54,120 square feet of commercial or 40,000 square feet of residential space. Additional air rights of 27,000 square fee are available from an adjacent property.

The zoning for 345 Lexington and 347 Lexington Avenue is exceptionally favorable C5-3, MiD.
The new building will have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and East 40th streets.
Less

PRCH-7648663

MLS ID

September 3, 2024

Listed

September 7, 2024

Updated

Map

345 Lexington Avenue
New York City NY, 10016

Interior Features

Total Stories

4


Bedrooms

3


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Appliances

Dryer, Washer/Dryer Stacked, Washer


Laundry Description

Building None, In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.05 Acres


Exterior Features

Building Garden, Garden


Lot Features

Back Yard, Garden

Other Property Details

Taxes

$95,280


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No


Zoning

C-5-3, 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 9/7/2024. 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.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 9/7/2024 at 10:35 PM UTC

 

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