Manhattan » 10016 » Lexington Ave » 251 Lexington Ave

251 Lexington Avenue, New York, NY 10016 - Property report

Also known as: 251 Lexington Ave

Property image for 251 Lexington Avenue, New York, NY 10016

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1923

Lot sq. ft.

2,083

Sale price

$2,393,860

General information

Address

Primary address

251 Lexington Avenue

ZIP code

10016

Neighborhood

Murray Hill

Borough

Manhattan

Block & lot

00890-0065

Building

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Building sq. ft.

8,409

Building dimensions

25.38 ft x 60 ft

Buildings on lot

Stories

Year built

1923

Last altered

1984

Building material

Sales

Sale date

01/22/2007

Sale price

$2,393,860

Tax

Tax year

2026-2027

Property tax

$152,869

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

25.83 ft x 100 ft

Lot sq. ft.

2,083

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

81 /100. Very Bikeable

School district

Community district

Closest police station

0.81 Miles

Closest fire station

0.28 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 251 Lexington Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 251 Lexington Avenue, New York, NY 10016

Sale date	Sale price	Buyer name	Seller name
01/22/2007	$2,393,860	XXX XXXXXXXXX X XXX	XXX XXXXXXXXX XXX
01/15/2004	$3,300,000	XXX XXXXXXXXX XXX.	XXX XXXXXXXXX XXXXXX XXXXXX XX. , XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/30/2016 - R	UCC3 Continuation (2016123000110001)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
12/30/2016 - R	Initial UCC1 (2016121400295004)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
12/30/2016 - R 12/09/2016 - D	Assignment of Leases and Rents (2016121400295003)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
12/30/2016 - R 12/09/2016 - D	Agreement (2016121400295002)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
12/30/2016 - R 12/09/2016 - D	Mortgage (2016121400295001)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
01/09/2012 - R	Initial UCC1 (2011101000679001)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
11/04/2011 - R	UCC3 Termination (2011101701183001)	XXX XXXXXXXXX XXX	XXXXXXXXXXXX XXXXXXXXX XXXX
11/04/2011 - R 09/28/2011 - D	Termination of Assign of L&R (2011101701183002)	XXXXXXXXXXXX XXXXXXXXX XXXX	XXX XXXXXXXXX XXX
01/09/2012 - R 09/28/2011 - D	Assignment of Leases and Rents (2011101000679002)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX
11/09/2011 - R 09/28/2011 - D	Agreement (2011100500938003)	XXX XXXXXXXXX X XXX	XXX XXXX XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 251 Lexington Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$152,869

Municipal exemptions

Recent tax assessments

Market value

$3,165,000

Assessed value

$1,424,250

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$2,834,000	$1,275,300	$1,194,100	12.439%	$148,534	$148,534	-0.06%
2024/25	$2,666,000	$1,199,700	$1,189,040	12.5%	$148,630	$148,630	+7.83%
2023/24	$2,450,000	$1,102,500	$1,102,500	12.502%	$137,835	$137,835	-10.51%
2022/23	$2,951,000	$1,327,950	$1,255,590	12.267%	$154,023	$154,023	-2.87%
2021/22	$3,271,000	$1,471,950	$1,296,020	12.235%	$158,568	$158,568	-2.60%
2020/21	$3,521,000	$1,584,450	$1,327,090	12.267%	$162,794	$162,794	-7.35%
2019/20	$3,679,000	$1,655,550	$1,408,680	12.473%	$175,705	$175,705	+7.84%
2018/19	$3,566,000	$1,604,700	$1,291,860	12.612%	$162,929	$162,929	+8.33%
2017/18	$2,907,000	$1,308,150	$1,182,510	12.719%	$150,403	$150,403	+3.69%
2016/17	$2,873,000	$1,292,850	$1,125,090	12.892%	$145,047	$145,047	+5.31%

Permits

Permit information for 251 Lexington Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
01/12/2023	Alteration
03/07/2022	Alteration
02/10/2022	Alteration
02/10/2022	Alteration
08/04/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	08/29/1995	Ll6291-local law 62/91 - boilers
	06/11/1991	P-plumbing

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Park Ave & 33rd St at NE Corner

Station lines

Distance (miles)

0.127

View subway map

Access the detailed traffic volume map for 251 Lexington Avenue, New York, NY 10016 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Nearby ZIP codes for 251 Lexington Avenue, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 251 Lexington Avenue, New York, NY 10016?

The development at 251 Lexington Avenue, New York, NY 10016 was built in 1923.

What is the market value of 251 Lexington Avenue, New York, NY 10016?

The current market value of 251 Lexington Avenue, New York, NY 10016 is $3,165,000.

What is the total square footage of 251 Lexington Avenue, New York, NY 10016?

251 Lexington Avenue, New York, NY 10016 has a total of 8,409 square feet.

What is the price per square foot for this property?

$284 per square foot is the price for 251 Lexington Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.