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

November 4, 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 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 11/4/2024 at 4:26 PM UTC

 

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