New York City  »  10017  »  Lexington Ave  »  425 Lexington Ave

425 Lexington - 425 Lexington Avenue, New York, NY 10017 - Property report

Also known as: 123-139 E 43rd St

Property image for 425 Lexington - 425 Lexington Avenue, New York, NY 10017
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1987

Lot sq. ft.

35,145

Sale price

$701,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
425 Lexington
Primary address
425 Lexington - 425 Lexington Avenue
Alternate address(es)
120-138 E 44th St
123-139 E 43rd St
415-435 Lexington Ave
ZIP code
10017
Neighborhood
Turtle Bay
Borough
Manhattan
Block & lot
01298-0023

Owner

Find out who owns 425 Lexington - 425 Lexington Avenue, New York, NY 10017. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
627,691
Building dimensions
198 ft x 182 ft
Buildings on lot
1
Stories
31
Year built
1987
Building material
Sales
Sale date
10/30/2018
Sale price
$701,000,000
Tax
Tax year
2026-2027
Property tax
$17,153,301
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
200.83 ft x 195 ft
Lot sq. ft.
35,145

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.36 Miles
Closest fire station
0.22 Miles

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

Ownership

Ownership information for 425 Lexington - 425 Lexington Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 425 Lexington - 425 Lexington Avenue, New York, NY 10017

Sale date Sale price Buyer name Seller name
10/30/2018 $701,000,000 XXXX XXX XXXXXXXXX XXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
06/28/2013 $664,438,583 XXX XXXXXXXXX XXXXXX XXXXXXX XXX XXXXX XXX XXXXXXXXX XXXXXX XXX
08/19/2003 $100,000,000 XXXXX XXX XXXXXXXXX XXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXXXXXXX XXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/02/2026 - R UCC3 Termination
(2026062400833004)		 XXXX XXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
07/02/2026 - R
06/17/2026 - D		 Termination of Assign of L&R
(2026062400833003)		 XXX XXXX XXXX XXXXXXXXX XXXXXXX XXXX XXX XXXXXXXXX XXX
07/02/2026 - R
06/17/2026 - D		 Mortgage and Consolidation
(2026062400833002)		 XXXX XXX XXXXXXXXX XXX XXXXXXX XXXXX XXXX XXX
07/02/2026 - R
06/17/2026 - D		 Assignment, Mortgage
(2026062400833001)		 XXX XXXX XXXX XXXXXXXXX XXXXXXX XXXXXXX XXXXX XXXX XXX
12/23/2025 - R
10/30/2025 - D		 NYC Real Property Transfer Tax
(2025112100006001)		 XXXXXX XXXXXXXX (XXXXXX) XXXXXXX XXXX X XXXXXX (XXX) XXXXXXX
05/30/2024 - R
05/09/2024 - D		 Agreement
(2024052900673001)		 XXXX XXXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
09/12/2023 - R UCC3 Termination
(2023090700923004)		 XXXX XXX XXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
09/12/2023 - R Initial UCC1
(2023090700923003)		 XXXX XXX XXXXXXXXX XXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
09/12/2023 - R
08/28/2023 - D		 Termination of Assign of L&R
(2023090700923005)		 XXX XXXX XXXX XXXXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXX
09/12/2023 - R
08/28/2023 - D		 Assignment of Leases and Rents
(2023090700923002)		 XXXX XXX XXXXXXXXX XXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 425 Lexington - 425 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
$17,153,301
Municipal exemptions
Recent tax assessments
Market value
$360,909,000
Assessed value
$162,409,050

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 $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%
2020/21 $390,222,200 $175,599,990 $174,580,080 10.694% $18,669,594 $18,669,594 +2.51%
2019/20 $413,004,000 $185,851,800 $172,840,480 10.537% $18,212,201 $18,212,201 +5.01%
2018/19 $397,555,555 $178,900,000 $164,960,160 10.514% $17,343,911 $17,343,911 +5.68%
2017/18 $389,222,666 $175,150,200 $156,099,200 10.514% $16,581,650 $16,412,270 +6.63%
2016/17 $370,000,000 $166,500,000 $145,558,000 10.574% $15,731,997 $15,391,303 +5.86%
Permits

Permit information for 425 Lexington - 425 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
03/24/2026 Alteration
02/24/2026 Alteration
02/13/2026 Alteration
01/26/2026 Alteration
01/20/2026 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
04/03/2017 E-elevator
03/30/2017 E-elevator
02/25/2015 E-elevator

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 43rd St at SE Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.036
View subway map

Access the detailed traffic volume map for 425 Lexington - 425 Lexington Avenue, New York, NY 10017 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

Neighbors for 425 Lexington - 425 Lexington Avenue, New York, NY

686 3rd Ave, New York 700 3rd Ave, New York 141 E 43rd St, New York 155 E 42nd St, New York 110 E 42nd St, New York 122 E 42nd St, New York 405 Lexington Ave, New York 125 Park Ave, New York 684 3rd Ave, New York 692 3rd Ave, New York 145 E 42nd St, New York 622 3rd Ave, New York 355 Lexington Ave, New York 696 3rd Ave, New York 144 E 44th St, New York 630 3rd Ave, New York 143 E 43rd St, New York 690 3rd Ave, New York 370 Lexington Ave, New York 694 3rd Ave, New York

Nearby ZIP codes for 425 Lexington - 425 Lexington Avenue, New York, NY

10016, New York City, NY 10020, New York City, NY 10022, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, 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 425 Lexington - 425 Lexington Avenue, New York, NY 10017?

The development at 425 Lexington - 425 Lexington Avenue, New York, NY 10017 was built in 1987.

What is the market value of 425 Lexington - 425 Lexington Avenue, New York, NY 10017?

The current market value of 425 Lexington - 425 Lexington Avenue, New York, NY 10017 is $360,909,000.

What is the total square footage of 425 Lexington - 425 Lexington Avenue, New York, NY 10017?

425 Lexington - 425 Lexington Avenue, New York, NY 10017 has a total of 627,691 square feet.

What is the price per square foot for this property?

$1,116 per square foot is the price for 425 Lexington - 425 Lexington Avenue, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 42.

How many active listings does 425 Lexington - 425 Lexington Avenue, New York, NY 10017 have?

This address has 2 active listing(s).

Disclaimer

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