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3
Floor Plans
Map
$10,000,000
●
Townhouse -
For Sale
347 Lexington Avenue #ENTIRETOWNHOUSE
Manhattan, NY 10016
Studio
4 Baths
$55,122
Estimated Monthly
$0
HOA / Fees
-0.30%
Cap Rate
About This Property
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.
Unit Size
-
Days on Market
47 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$6,020
HOA Dues
-
Year Built
1920
Listed By
Last updated: 2 months ago (RLS #PRCH-7943930)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2024 | Listed by Sothebys International Realty | $10,000,000 | |
| Listed by Sothebys International Realty | |||
Property Highlights
Interior Details
Bathroom Information
Full Bathrooms: 4
Room Information
Laundry Features: Building None, None
Exterior Details
Property Information
Year Built: 1920
Building Information
Pets Allowed: Building No, No
Lot Information
Lot Size Dimensions: 18.5 x 87.0
Land Information
Tax Lot: 0072
Tax Block: 00895
Financial Details
Tax Annual Amount: $72,240
Location Details
Subdivision Name: Murray Hill
Stories Total: 3
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Other
Loft
4
Baths
6,862 ft²
$1,603/ft²
$11,000,000
Jun 27, 2018
$11,000,000
Feb 20, 2019
-
Co-op
1
Bed
1.5
Baths
-
$8,855,000
Feb 16, 2016
-
Feb 5, 2021
$2,005/mo
House
6
Beds
6
Baths
8,000 ft²
$1,281/ft²
$10,250,000
Jun 2, 2022
$10,250,000
Aug 26, 2022
-
House
5
Beds
6
Baths
6,074 ft²
$1,482/ft²
$9,000,000
Feb 6, 2020
$9,000,000
Nov 19, 2021
-
House
7
Beds
8
Baths
6,800 ft²
$1,235/ft²
$8,400,000
Sep 5, 2017
$8,400,000
Apr 21, 2021
-
Sold
House
2
Beds
3
Baths
6,000 ft²
$1,300/ft²
$7,800,000
Mar 17, 2016
$7,800,000
Apr 28, 2017
-
Active
Other
Loft
4
Baths
3,049 ft²
$3,106/ft²
$9,470,250
Feb 23, 2024
-
$7,940/mo
Active
Townhouse
4
Beds
5
Baths
3,709 ft²
$2,642/ft²
$9,800,000
Sep 12, 2022
-
$8,593/mo
Active
Townhouse
5
Beds
5
Baths
5,500 ft²
$1,718/ft²
$9,450,000
Nov 14, 2023
-
$5,150/mo
Active
Condo
2
Beds
3
Baths
1,750 ft²
$5,711/ft²
$9,995,000
Jan 18, 2024
-
$4,615/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
347 Lexington Avenue
347 Lexington Avenue, New York, NY 10016
- 4 Units
- 1 Unit for Sale
About Midtown Manhattan
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Listed by: Rosemarie Deane
Listing Courtesy of Sothebys International Realty
Last Updated: 2 months ago
Last Checked: 6 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 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 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Sothebys International Realty
Last Updated: 2 months ago
Last Checked: 6 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
