Tee Lex Operating

Tee Lex Operating is a Co-op located 288 Lexington Avenue, in Murray Hill, New York. The building was first built in 1955 and is 69 years old. It was first renovated and altered in 1988. The lot that the building was built on is 74 feet wide and 100 feet long. The official lot area is listed as 6,958 square feet. The building itself is 74 feet wide and 65 feet long. In total, 288 Lexington Avenue has a total floor area of 64,306 square feet. Of that, 62,622 square feet are used for residential purposes. About 1,684 square feet of the building are used for commercial purposes. There are a total of 95 units. Of those, 93 are residential units. There are two commercial units. 288 Lexington Avenue has a total of 13 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 288 Lexington Avenue.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 91 closings on record, of which we have matching data for 44 listings. In the past 3 years, a listing in this building will typically remain on the market for about 155 days and tend to sell below the original asking price of $445,540 by 96.61%. Meaning, listings tend to sell at a median of $936 price per square foot. The transaction that took the longest to complete was unit 1C, listed on Oct 31, 2017 for $430,000. This particular unit ultimately sold 345 days later for $393,500. The most recent transaction was for unit 7E, which was first advertised on Apr 25, 2022, sold for $670,000 on Feb 27, 2023. Fun fact, the oldest transaction we have on record took place on Oct 31, 1968. See the full transaction history for Tee Lex Operating below.

Murray Hill, where 288 Lexington Avenue is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $445,540. For interested buyers, that means the building's median asking price is around 0.41% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $475,000. It is a 1 bedroom and 1 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $450,000. It is a 400 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 one-bedroom, units for sale! The median price of all the active units for sale in the building is $462,500. Collectively, the median square footage of these active units for sale is 200 sqft. Active units for sale at 288 Lexington Avenue have a median count of 1 bedrooms and have a median count of 1 bathroom.