345 Lexington Avenue

$9,000,000
Price
3
Beds
3
Baths
1
1/2 Bath
3,049 Sq. Ft.
$2,952 / Sq. Ft.
3,049
Sq. Ft.
$2,952
per Sq. Ft.

Description

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,
...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

Property Details for 345 Lexington Avenue

Zoning
C-5-3, MiD
LISTING UPDATED: 10/31/2024 03:07 PM

Property Details for 345 Lexington Avenue

StatusActive
MLS IDPRCH-7648663
Days on Market257
Taxes$7,940 / month
Maintenance-
Min. Down Pymt10%
Total Rooms3.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1920
Lot Size1,998 SF / 20' x 99'
CountyNew York County

Building

345 Lexington Ave

3 Units4 StoriesBuilt in 1920

Building Information for 345 Lexington Avenue

Stories4Residences3Year Built1920Lot Size1,998 SF / 20' x 99'Building AgePre-warBuilding TypeTownhouse

Property Information for 345 Lexington Avenue

Summary
Location and General Information
  • Subdivision Name: Murray Hill
  • Cross Street: Between East 39th and East 40th
  • Stories Total: 4
  • Garage Spaces: 0.0
  • 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. Combination of 345 and 347 Lexington would provide 54, ...
Taxes and HOA
  • Tax Lot: 0073
  • Tax Block: 00895
  • Association Fee Frequency: Monthly
  • Building Tax Lot: 0073
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Virtual Tour
Property
Lot Information
  • Living Area: 3049.0
  • Building Area Total: 3057.0
  • Building Area Units: SquareFeet
  • Lot Features: BackYard, Garden
  • Lot Size Dimensions: 20.42 x 99.75
  • Living Area Units: SquareFeet
  • Above Grade Finished Area Units: SquareFeet
  • Lot Size Source: PublicRecords
Building Information
  • Area Over FAR: 0.0
  • Area Under FAR: 3057.0
  • Building Exterior Features: Garden
  • Building Laundry Features: InUnit, None
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Building Rules: BuildingWasherDryerAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Common Interest: None
  • Current Use: Retail, MixedUse, Residential, MultiFamily
  • New Construction: No
  • Structure Type: MixedUse, Townhouse
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Exterior Features: Garden
  • Spa: No
Interior Features
  • Appliances: Washer, WasherDryer, Dryer, WasherDryer Stacked
  • Fireplace: No
  • Furnished: Unfurnished
  • Basement: Yes
  • Laundry Features: InUnit
  • Bathroom Condition: Good
  • ElevatorsTotal: 0
  • Size Dimensions: 20 x 51
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Delivered Vacant: Yes
  • Availability Date: 02-26-2024
  • Attendance Type: None
  • Owner Pays: None

Property History for 345 Lexington Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 345 Lexington Avenue

Taxable ValueLand$432,000Additions$306,900Total$738,900
Home Facts
Total Finished SqFt3,049 SqFtLot Size1,998 SqFtYear Built1920ZoningC5-3APN1008950073

Schools near 345 Lexington Avenue

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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345 Lexington Avenue is a mixed use property for sale in Murray Hill. This property was listed for sale on March 6, 2024 by Sothebys International Realty, it's currently listed at $9,000,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 345 Lexington Avenue is a 3-bed, 3.5-bath, 3,049 sqft mixed use property built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sothebys International Realty

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.