345 Lexington Avenue Manhattan, NY $ 8,000,000
345 Lexington Avenue
$ 8,000,000
Share Save

345 Lexington Avenue

Manhattan, NY, 10016
$ 8,000,000
Bedrooms3 Baths3.1 Sq 3,049

Monthly Estimate*

$ 49,910

345 Lexington Avenue, Manhattan, NY 10016 - Image 1
345 Lexington Avenue, Manhattan, NY 10016 - Image 2
345 Lexington Avenue, Manhattan, NY 10016 - Image 3
View a Virtual Tour

Commercial Property for sale in Manhattan, NY

for $8,000,000 with 3 bedrooms and 3 full baths, 1 half bath. This 3,049 square foot building was built in 1920.

345 Lexington Avenuе iѕ a 3 fаmilу buіldіng with store. Thе lοt mеаsurеs 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

See more

Commercial Active

Price

$ 8,000,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Commercial

Taxes

$ 95,280

Style

Year Built

1920

Town/City

Manhattan

County/Region

New York

MLS | Web ID

RLS10974377

Features
Interior
Basement Other
Furnished Y/N Unfurnished
Total Stories 4
Basement (Y/N) Yes
Fireplace Y/N No
Half Baths 1
Laundry Features BuildingNone InUnit
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
See more
Exterior
Exterior Amenities BuildingGarden Garden
Lot Features BackYard
Lot Size Area 1998.0
Spa No
Building Area Total 3057.0
Lot Dimensions 20.42 x 99.75
Lot Size Source PublicRecords
See more
General
HOA Fee 0.0
Garage Spaces 0.0
Pets Allowed BuildingYes Yes
Year Built 1920
Property Subtype Retail
Current Use MultiFamily MixedUse Residential Retail SingleFamily
Assoc Fee Paid Per Monthly
County New York
New Construction No
Property Type Residential
HOA No
Subdivision Name Murray Hill
Garage Y/N No
Total Rooms 9
Full Baths 3
City New York City
Zoning Description Zoning allows for 29 970 allowable building SF with 15 FAR commercial and 10 FAR residential. Excellent development site if combined with 347 Lexington with total allowable FAR of 24 150 SF. Combinat
Number Of Units Total 4
Lot Size Units SquareFeet
Tax Annual Amount 95280.0
Availability Date 2024-02-26
Structure Type MixedUse
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Tax Lot 0073
Virtual Tour https://345lexingtonave.com/
Expected Active Date 2024-02-23
See more
Internal Only
Street Number 1 345
See more
* Excluded Features
List By
Rosemarie Deane

Listing Agent

Sothebys International Realty

Broker

(212) 606-7742

Phone

Affordability Calculator

$57,850
Per Month
86%
14%
0%
Monthly Principal & Interest
$49,910
Monthly Property Taxes
$7,940
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2025$8,000,000 Listed Price

Map


See all

345 Lexington Avenue, Manhattan, NY, 10016 is a Commercial Property for sale at $8,000,000 with 3,049 sqft. 345 Lexington Avenue has 3 bedrooms, 3.1 baths, and was built in 1920. The property's zip code is 10016 which is in Manhattan, NY