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Map
Floor Plan


1289 LEXINGTON Avenue #11C
About This Property
11C at 1289 Lexington is a grand two-bedroom, two-and-a-half-bathroom home of 1,703', with southern light streaming through oversized windows. The apartment features soaring ceilings and bespoke finishes by AD 100 design firm SheltonMindel. The kitchen boasts extraordinary custom walnut cabinetry, a full suite of Gaggenau appliances, and a venting stove hood. The baths are outfitted in slab and mosaic stones in a light, elegant palate, reminiscent of the best spas in the world. Both bedrooms are oversized, with the primary featuring two enormous walk-in closets.
Each home includes a powder room, four-pipe heating and cooling system with Nest controls and private laundry with a vented dryer.
Perfectly centered between two parks, and next to myriad forms of transportation, Apartment 11C is an oasis of quiet amid all the excitement that makes Manhattan so desirable. With a complete suite of onsite amenities and the service for which Zeckendorf buildings are renowned, 1289 Lexington is a perfect synthesis of good living and good value.
Amenities include a business center with four private study/Zoom rooms and a large meeting room; a Media Creation and Gaming room with Karaoke and musical instruments; an elegant lounge with a catering kitchen and landscaped terrace; a rooftop terrace with fireside seating and outdoor kitchen with grill; a windowed fitness center designed by The Wright Fit; a fun-filled playroom created by Silver Hill Atelier.
All dimensions and square footages are approximate and subject to, among other things, normal construction variances and tolerances. Square footage exceeds the usable floor area. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended ("Plan"). In the event of any inconsistency between this floor plan and the floor plans contained in the Plan, the floor plans contained in the Plan shall prevail and control. Plans and dimensions may contain minor variations from floor to floor. Any depictions of personal or condominium property, including, without limitation, any interior and exterior decorations, furniture, furnishings, fixtures, appliances, and landscaping (including the maturity of growth of landscaping), are for illustrative and conceptual purposes only. No representation or warranty is made that a unit owner will be able to implement the furniture layout shown above. Sponsor makes no representations or warranties except as may be set forth in the Plan. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD17-0315. SPONSOR: 86LEX OWNER, LLC, 445 PARK AVENUE, SUITE 1902, NEW YORK, NY 10022. EQUAL HOUSING OPPORTUNITY.
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Cap Rate Calculator
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 22, 2024 | Sold | ||
Sold | |||
Feb 28, 2024 | In contract | - | |
In contract | |||
Aug 30, 2023 | Listed by Brown Harris Stevens Residential Sales LLC | $3,800,000 | |
Listed by Brown Harris Stevens Residential Sales LLC | |||
Feb 12, 2021 | No longer available | - | |
No longer available | |||
Jun 27, 2020 | Price Decreased |
$3,450,000
↓ $845K
(19.7%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/18/2024
|
5 Bed
|
6 Bath
|
3508 ft²
|
$8,400,000
5 Bed
6 Bath
3508 ft²
|
$7,500,000
-10.71%
09/19/2024
|
-
|
Jill Bernard
Compass
| |
03/26/2024
|
3 Bed
|
4 Bath
|
2792 ft²
|
$5,100,000
3 Bed
4 Bath
2792 ft²
|
$5,100,000
04/18/2024
|
-
|
Jill Bernard
Compass
| |
03/19/2024
|
4 Bed
|
5 Bath
|
3078 ft²
|
$6,150,000
4 Bed
5 Bath
3078 ft²
|
$6,150,000
05/01/2024
|
-
|
Jill Bernard
Compass
| |
03/11/2024
|
4 Bed
|
5 Bath
|
3078 ft²
|
$5,800,000
4 Bed
5 Bath
3078 ft²
|
$5,800,000
04/03/2024
|
-
|
Jill Bernard
Compass
| |
01/26/2024
|
4 Bed
|
5 Bath
|
3078 ft²
|
$6,350,000
4 Bed
5 Bath
3078 ft²
|
$6,025,000
-5.12%
05/28/2024
|
-
|
Jill Bernard
Compass
| |
11/07/2023
|
4 Bed
|
5 Bath
|
3270 ft²
|
$6,995,000
4 Bed
5 Bath
3270 ft²
|
$6,831,250
-2.34%
06/14/2024
|
-
|
Jill Bernard
Compass
| |
10/19/2023
|
2 Bed
|
3 Bath
|
-
|
$2,725,000
2 Bed
3 Bath
|
$2,375,000
-12.84%
11/07/2023
|
-
|
Jill Bernard
Compass
| |
10/19/2023
|
5 Bed
|
6 Bath
|
4236 ft²
|
$10,750,000
5 Bed
6 Bath
4236 ft²
|
$8,475,000
-21.16%
08/07/2024
|
-
|
Jill Bernard
Compass
| |
10/09/2023
|
3 Bed
|
4 Bath
|
-
|
$5,700,000
3 Bed
4 Bath
|
$5,700,000
10/30/2023
|
-
|
Jill Bernard
Compass
| |
08/30/2023
|
2 Bed
|
3 Bath
|
1703 ft²
|
$3,800,000
2 Bed
3 Bath
1703 ft²
|
$3,800,000
04/22/2024
|
-
|
Jill Bernard
Compass
| |
08/14/2023
|
2 Bed
|
3 Bath
|
-
|
$3,600,000
2 Bed
3 Bath
|
$3,600,000
09/28/2023
|
-
|
Jill Bernard
Compass
| |
08/14/2023
|
4 Bed
|
5 Bath
|
-
|
$5,750,000
4 Bed
5 Bath
|
$5,750,000
10/06/2023
|
-
|
Jill Bernard
Compass
| |
05/30/2023
|
3 Bed
|
4 Bath
|
2428 ft²
|
$4,995,000
3 Bed
4 Bath
2428 ft²
|
$4,475,000
-10.41%
09/17/2024
|
-
|
Jill Bernard
Compass
| |
05/02/2023
|
3 Bed
|
4 Bath
|
2835 ft²
|
$5,650,000
3 Bed
4 Bath
2835 ft²
|
$4,787,500
-15.27%
07/15/2024
|
-
|
Jill Bernard
Compass
| |
04/28/2023
|
2 Bed
|
3 Bath
|
1526 ft²
|
$2,495,000
2 Bed
3 Bath
1526 ft²
|
$2,495,000
04/05/2024
|
-
|
Jill Bernard
Compass
| |
04/10/2023
|
3 Bed
|
4 Bath
|
2416 ft²
|
$4,995,000
3 Bed
4 Bath
2416 ft²
|
$4,575,000
-8.41%
05/30/2023
|
-
|
Jeffrey Stockwell
Compass
| |
04/07/2023
|
2 Bed
|
3 Bath
|
1588 ft²
|
$2,875,000
2 Bed
3 Bath
1588 ft²
|
$2,550,000
-11.30%
05/03/2023
|
-
|
Jeffrey Stockwell
Compass
| |
03/30/2023
|
2 Bed
|
3 Bath
|
1588 ft²
|
$2,595,000
2 Bed
3 Bath
1588 ft²
|
$2,500,000
-3.66%
12/19/2023
|
-
|
Jill Bernard
Compass
| |
03/20/2023
|
3 Bed
|
4 Bath
|
2249 ft²
|
$6,150,000
3 Bed
4 Bath
2249 ft²
|
$5,325,000
-13.41%
11/15/2023
|
-
|
Jill Bernard
Compass
| |
03/08/2023
|
2 Bed
|
3 Bath
|
1588 ft²
|
$2,695,000
2 Bed
3 Bath
1588 ft²
|
$2,525,000
-6.31%
05/04/2023
|
-
|
Jeffrey Stockwell
Compass
| |
03/06/2023
|
2 Bed
|
3 Bath
|
1588 ft²
|
$2,645,000
2 Bed
3 Bath
1588 ft²
|
$2,550,000
-3.59%
06/09/2023
|
-
|
Jeffrey Stockwell
Compass
| |
03/05/2023
|
2 Bed
|
3 Bath
|
-
|
$2,745,000
2 Bed
3 Bath
|
$2,575,000
-6.19%
09/01/2023
|
-
|
Jill Bernard
Compass
| |
02/28/2023
|
2 Bed
|
3 Bath
|
1816 ft²
|
$3,150,000
2 Bed
3 Bath
1816 ft²
|
$3,150,000
04/20/2023
|
-
|
Jeffrey Stockwell
Compass
| |
02/10/2023
|
3 Bed
|
4 Bath
|
2447 ft²
|
$5,625,000
3 Bed
4 Bath
2447 ft²
|
$5,625,000
04/25/2023
|
-
|
Jeffrey Stockwell
Compass
| |
11/22/2022
|
3 Bed
|
4 Bath
|
2447 ft²
|
$5,875,000
3 Bed
4 Bath
2447 ft²
|
$5,250,000
-10.64%
02/09/2023
|
-
|
Jeffrey Stockwell
Compass
| |
11/11/2022
|
3 Bed
|
3 Bath
|
1903 ft²
|
$3,400,000
3 Bed
3 Bath
1903 ft²
|
$3,100,000
-8.82%
02/24/2023
|
-
|
Jeffrey Stockwell
Compass
| |
11/07/2022
|
3 Bed
|
4 Bath
|
2416 ft²
|
$5,000,000
3 Bed
4 Bath
2416 ft²
|
$4,550,000
-9.00%
02/09/2023
|
-
|
Jeffrey Stockwell
Compass
| |
11/07/2022
|
2 Bed
|
3 Bath
|
1712 ft²
|
$3,500,000
2 Bed
3 Bath
1712 ft²
|
$3,500,000
10/31/2023
|
-
|
Jill Bernard
Compass
| |
11/04/2022
|
2 Bed
|
3 Bath
|
1703 ft²
|
$3,800,000
2 Bed
3 Bath
1703 ft²
|
$3,800,000
01/27/2023
|
-
|
Jeffrey Stockwell
Compass
| |
11/02/2022
|
3 Bed
|
3 Bath
|
1892 ft²
|
$4,300,000
3 Bed
3 Bath
1892 ft²
|
$4,300,000
04/19/2023
|
-
|
Jeffrey Stockwell
Compass
| |
10/20/2022
|
3 Bed
|
3 Bath
|
1903 ft²
|
$3,500,000
3 Bed
3 Bath
1903 ft²
|
$3,500,000
02/01/2023
|
-
|
Jeffrey Stockwell
Compass
| |
10/20/2022
|
2 Bed
|
3 Bath
|
1712 ft²
|
$3,400,000
2 Bed
3 Bath
1712 ft²
|
$3,400,000
02/01/2023
|
-
|
Jeffrey Stockwell
Compass
| |
10/20/2022
|
3 Bed
|
3 Bath
|
1900 ft²
|
$4,075,000
3 Bed
3 Bath
1900 ft²
|
$4,075,000
02/17/2023
|
-
|
Jeffrey Stockwell
Compass
| |
08/10/2022
|
2 Bed
|
3 Bath
|
1588 ft²
|
$2,495,000
2 Bed
3 Bath
1588 ft²
|
$2,350,000
-5.81%
05/30/2023
|
-
|
Jeffrey Stockwell
Compass
| |
08/10/2022
|
3 Bed
|
3 Bath
|
1877 ft²
|
$2,900,000
3 Bed
3 Bath
1877 ft²
|
$2,900,000
01/30/2023
|
-
|
Jeffrey Stockwell
Compass
| |
08/10/2022
|
4 Bed
|
5 Bath
|
3078 ft²
|
$5,750,000
4 Bed
5 Bath
3078 ft²
|
$5,250,000
-8.70%
09/20/2023
|
-
|
Jill Bernard
Compass
| |
07/23/2022
|
3 Bed
|
3 Bath
|
1892 ft²
|
$4,000,000
3 Bed
3 Bath
1892 ft²
|
$3,600,000
-10.00%
01/30/2023
|
-
|
Jeffrey Stockwell
Compass
| |
07/13/2022
|
2 Bed
|
3 Bath
|
1712 ft²
|
$3,700,000
2 Bed
3 Bath
1712 ft²
|
$3,700,000
03/01/2023
|
-
|
Jeffrey Stockwell
Compass
| |
06/30/2022
|
4 Bed
|
4 Bath
|
2827 ft²
|
$7,995,000
4 Bed
4 Bath
2827 ft²
|
$5,950,000
-25.58%
08/01/2024
|
-
|
Jill Bernard
Compass
| |
06/18/2022
|
3 Bed
|
3 Bath
|
1903 ft²
|
$3,850,000
3 Bed
3 Bath
1903 ft²
|
$2,950,000
-23.38%
01/18/2023
|
-
|
Jeffrey Stockwell
Compass
| |
06/18/2022
|
2 Bed
|
3 Bath
|
1701 ft²
|
$3,300,000
2 Bed
3 Bath
1701 ft²
|
$3,300,000
02/17/2023
|
-
|
Jeffrey Stockwell
Compass
| |
06/18/2022
|
2 Bed
|
3 Bath
|
1588 ft²
|
$3,150,000
2 Bed
3 Bath
1588 ft²
|
$3,150,000
08/14/2023
|
-
|
Jill Bernard
Compass
|
Building Info
- 63 Units
- 3 Units for Sale
