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251 Lexington Avenue, New York, NY 10016 Property Information

251 Lexington Avenue, New York, NY 10016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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251 Lexington Avenue, New York, NY 10016 2
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Address

Primary address 251 Lexington Avenue
Neighborhood Murray Hill
Zip code 10016
Borough Manhattan
Block & lot 00890-0065

Sales & Tax Overview for 251 Lexington Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/22/2007
Purchase price $2,393,860
Tax class
Estimated property tax $152,869

Lot & Building Information for 251 Lexington Avenue, New York

Lot sqft 2,083
Lot dimensions 25.83 ft x 100 ft
Building class Walk-up Apartment - Over Six Families with Stores (C7)
Building sqft 8,409
Building dimensions 25.38 ft x 60 ft
Buildings on lot 1
Stories 5
Year built 1923
Year last altered 1984
Construction type
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Zoning & Use for 251 Lexington Avenue, New York

Zoning
Residential units (DOF) 12
Commercial units 3
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.81 Miles
Closest fire station 0.28 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 251 Lexington Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 251 Lexington Avenue, New York, NY 10016, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 251 Lexington Avenue, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 251 Lexington Avenue, New York

How many sq. ft. does 251 Lexington Avenue, New York, NY 10016 have & what is the price per sq. ft?

This Walk-up Apartment - Over Six Families with Stores (C7) located at 251 Lexington Avenue, New York, NY 10016 has a total of 8,409 square feet and a current price per square foot of $284.

What is the year built & the current market value of 251 Lexington Avenue, New York, NY 10016?

251 Lexington Avenue, New York, NY 10016 was built in 1923 and has a current tax assessor's market value of $2,834,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 251 Lexington Avenue, New York

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Property owner name for 251 Lexington Avenue, New York, NY 10016
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Building contacts for 251 Lexington Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 251 Lexington Avenue, New York

Create a free account to view the complete sales history for 251 Lexington Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/22/2007 $2,393,860
01/15/2004 $3,300,000
       
       
       
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Title Documents for 251 Lexington Avenue, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/30/2016 - R UCC3 Continuation
(2016123000110001)
12/30/2016 - R Initial UCC1
(2016121400295004)
12/09/2016 - D
12/30/2016 - R
Assignment of Leases and Rents
(2016121400295003)
12/09/2016 - D
12/30/2016 - R
Agreement
(2016121400295002)
12/09/2016 - D
12/30/2016 - R
Mortgage
(2016121400295001)
01/09/2012 - R Initial UCC1
(2011101000679001)
11/04/2011 - R UCC3 Termination
(2011101701183001)
09/28/2011 - D
11/04/2011 - R
Termination of Assign of L&R
(2011101701183002)
09/28/2011 - D
01/09/2012 - R
Assignment of Leases and Rents
(2011101000679002)
09/28/2011 - D
11/09/2011 - R
Agreement
(2011100500938003)
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R: Recorded date
D: Document date

Property Taxes for 251 Lexington Avenue, New York

Access detailed property tax data for 251 Lexington Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $148,534
Estimated property tax: $152,869
Tax assessor's market value: $2,834,000
Assessed value: $1,275,300

Assessment History for 251 Lexington Avenue, New York

Here's the assessment & property tax history for 251 Lexington Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year 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%

Permits for 251 Lexington Avenue, New York

The complete history of permits filed for 251 Lexington Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

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
08/04/2021 Alteration
01/17/2020 Alteration
10/03/1995 Alteration type 1
03/31/1993 Alteration type 2
03/20/1992 Alteration type 2
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Park Ave & 33rd St at NE Corner
Station lines 6
Distance (miles) 0.127
View subway map
Bus Routes
Name Lexington Av / E 34 St
Line M103
Distance (miles) 0.053

Neighbors for 251 Lexington Avenue, New York

Here are the neighbors for 251 Lexington Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
130 E 35th St, New York 8,321 08/30/2017
150 E 35th St, New York 35,905 09/11/1997
102 E 35th St, New York 17,327 12/14/2012
114 E 35th St, New York 20,215 04/03/2023 $15,000,000
160 E 35th St, New York 11,500 11/28/2017 $8,250,000
155 E 34th St, New York 309,398
108 E 35th St, New York 4,709
35 Park Ave, New York 153,693 03/13/1969
166 E 35th St, New York 74,798 11/18/1986
516 3rd Ave, New York 2,713 01/19/2011
23 Park Ave, New York 24,898 05/17/1978
152 E 35th St, New York 28,250 09/19/1986
146 E 35th St, New York 12,000 05/31/2001
128 E 35th St, New York 5,184 03/02/2000
253 Lexington Ave, New York 32,771 04/21/2017
158 E 35th St, New York 4,640 12/30/2002
126 E 35th St, New York 4,743 12/22/1988
110 E 35th St, New York 5,250 05/03/2000
142 E 35th St, New York 3,150 12/20/2025
514 3rd Ave, New York 7,160 11/09/2001
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