425 Lexington - 425 Lexington Avenue, New York, NY 10017 Property Information
425 Lexington - 425 Lexington Avenue, New York, NY 10017 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Building name | 425 Lexington |
| Primary address | 425 Lexington - 425 Lexington Avenue |
| Secondary address | 123-139 E 43rd St |
| Neighborhood | Turtle Bay |
| Zip code | 10017 |
| Borough | Manhattan |
| Block & lot | 01298-0023 |
Sales & Tax Overview for 425 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 | 10/30/2018 |
| Purchase price | $701,000,000 |
| Tax class | Register |
| Estimated property tax | $17,153,301 |
Lot & Building Information for 425 Lexington Avenue, New York
Area Overview
| School district | 2 |
| Community district | 6 |
| Closest police station | 0.36 Miles |
| Closest fire station | 0.22 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 425 Lexington Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 123-139 E 43rd St, New York, NY 10017
- 120-138 E 44th St, New York, NY 10017
- 415-435 Lexington Ave, New York, NY 10017
About 425 Lexington Avenue, New York
This Office Only with or without Commercial - 20 Stories or More (O4) located at 425 Lexington - 425 Lexington Avenue, New York, NY 10017 has a total of 627,691 square feet and a current price per square foot of $1,116.
What is the year built & the current market value of 425 Lexington - 425 Lexington Avenue, New York, NY 10017?425 Lexington - 425 Lexington Avenue, New York, NY 10017 was built in 1987 and has a current tax assessor's market value of $355,330,000.
How many commercial spaces does this building have?This building has 42 commercial spaces available for lease. There are 2 active listings at this address.
Ownership Information for 425 Lexington Avenue, New York
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Spaces for Lease in 425 Lexington Avenue, New York
| Listing type | For Lease |
|---|---|
| Last updated | 04/20/2026 |
| Lot size | 0.81 Acre |
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor #B | Retail | Listing price not available | 500 | David Abrams Eliot Goldschmidt Brandon Miller |
| Ground Floor #A | Retail | Listing price not available | 1,600 | David Abrams Eliot Goldschmidt Brandon Miller |
Past Sales & Property History for 425 Lexington Avenue, New York
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*Here are the three most recent sales for this property.
Title Documents for 425 Lexington Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 425 Lexington Avenue, New York
Access detailed property tax data for 425 Lexington - 425 Lexington - 425 Lexington Avenue, New York, NY 10017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $17,101,035 |
| Estimated property tax: | $17,153,301 |
| Tax assessor's market value: | $355,330,000 |
| Assessed value: | $159,898,500 |
Assessment History for 425 Lexington Avenue, New York
Here's the assessment & property tax history for 425 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 | $355,330,000 | $159,898,500 | $157,642,280 | 10.848% | $17,101,035 | $17,101,035 | -0.17% |
| 2024/25 | $353,732,000 | $159,179,400 | $159,179,400 | 10.762% | $17,130,887 | $17,130,887 | +0.89% |
| 2023/24 | $356,233,300 | $160,305,000 | $160,305,000 | 10.592% | $16,979,506 | $16,979,506 | +7.16% |
| 2022/23 | $330,730,000 | $148,828,500 | $148,828,500 | 10.646% | $15,844,282 | $15,844,282 | -7.92% |
| 2021/22 | $355,555,600 | $160,000,020 | $160,000,000 | 10.755% | $17,208,000 | $17,208,000 | -7.83% |
Permits for 425 Lexington Avenue, New York
The complete history of permits filed for 425 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.
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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.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Lexington Ave & 43rd St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | GS-4-5-6-7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.036 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Lexington Av/E 45 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M102 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 425 Lexington Avenue, New York
Here are the neighbors for 425 Lexington - 425 Lexington - 425 Lexington Avenue, New York, NY 10017.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 686 3rd Ave, New York | 5,025 | 04/27/2015 | $13,806,000 |
| 700 3rd Ave, New York | 3,360 | 07/20/2009 | |
| 141 E 43rd St, New York | 6,580 | ||
| 155 E 42nd St, New York | 21,910 | 04/05/2019 | $75,500,000 |
| 107 E 41st St, New York | 304,138 | ||
| 122 E 42nd St, New York | 862,071 | 08/31/2016 | |
| 405 Lexington Ave, New York | 1,035,307 | 11/01/2017 | $28,050,000 |
| 125 Park Ave, New York | 520,416 | 11/01/2017 | $28,050,000 |
| 684 3rd Ave, New York | 12,000 | 02/25/1997 | |
| 692 3rd Ave, New York | 1,300 | 04/27/2015 | $13,806,000 |
| 145 E 42nd St, New York | 10,721 | 04/05/2019 | $75,500,000 |
| 622 3rd Ave, New York | 986,431 | 11/01/2017 | $28,050,000 |
| 355 Lexington Ave, New York | 225,000 | 11/30/2011 | |
| 696 3rd Ave, New York | 1,680 | 10/22/2007 | $10,750,000 |
| 144 E 44th St, New York | 51,433 | 10/08/1998 | |
| 630 3rd Ave, New York | 210,777 | 10/10/2025 | $66,244,842 |
| 143 E 43rd St, New York | 21,000 | ||
| 690 3rd Ave, New York | 1,750 | 04/27/2015 | $13,806,000 |
| 370 Lexington Ave, New York | 246,605 | 12/17/2018 | $190,000,000 |
| 694 3rd Ave, New York | 1,680 | 04/27/2015 | $1,742,000 |