Manhattan » 10017 » Lexington Ave » 511 Lexington Ave

Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017 - Property report

Also known as: 134-142 E 48th St

Property image for Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017

Property type

Luxury Hotel (H1)

Year built

1929

Lot sq. ft.

17,522

Sale price

$173,460,036

General information

Address

Building name

Radisson Lexington Hotel

Primary address

Radisson Lexington Hotel - 511 Lexington Avenue

Alternate address(es)

134-142 E 48th St
509 Lexington Ave
509-515 Lexington Ave

Show all

ZIP code

10017

Neighborhood

Turtle Bay

Borough

Manhattan

Block & lot

01302-0051

Building

Property type

Luxury Hotel (H1)

Building sq. ft.

314,568

Building dimensions

100 ft x 172 ft

Buildings on lot

Stories

Year built

1929

Last altered

2013

Building material

Sales

Sale date

06/30/2021

Sale price

$173,460,036

Tax

Tax year

2026-2027

Property tax

$6,001,517

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

100.42 ft x 174.5 ft

Lot sq. ft.

17,522

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

83 /100. Very Bikeable

School district

Community district

Closest police station

0.16 Miles

Closest fire station

0.41 Miles

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

Units for Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY

Unit	Sale date
Unit 51	07/14/2026

Ownership

Ownership information for Radisson Lexington Hotel - 511 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 Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017

Sale date	Sale price	Buyer name	Seller name
06/30/2021	$173,460,036	XXXXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXX XX XXX XXXXX, XXX XXX XXXXXXXXXXX XX XXX XXXXXX, XXX
06/01/2011	$333,700,000	XXXXXXXXXXX XX XXX XXXXX, XXX	XXXXXXXXX XXXXX, XXX
10/01/2004	$38,494,300	XXXXXXXX XXXXXXXXX XXXXXXXX, XXX	XXXXXXXX XXXXXX XXX XXXX, XXX XXX XXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
02/02/2026 - R 06/12/2025 - D	Both RPTT and RETT (2026020200410001)	XXXXXXXX XXXXX X X	XXXXXX XXXXXXX XXXXXXXX X X
02/04/2025 - R	UCC3 Assignment (2025020400071001)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXX XXXXXX XXXXXXXX XX XXX
02/12/2025 - R 01/27/2025 - D	Assignment, Mortgage (2025021000165002)	XXX XXXX XXXXXX XXXXXXXX XX XXX	XXX XXXX XXXX XXXXXX XXX
02/12/2025 - R 01/27/2025 - D	Assignment, Mortgage (2025021000165001)	XXX XXXX XXXXXX XXXXXXXX XX XXX	XXX XXXX XXXX XXXXXX XXX
05/07/2024 - R	Initial UCC1 (2024043000184008)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXX XXXXXX XXXXXXXX XX XXX
05/07/2024 - R	UCC3 Termination (2024043000184002)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXXXXXXXX XXXXXXXX XXX
05/07/2024 - R 04/29/2024 - D	Assignment of Leases and Rents (2024043000184007)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXX XXXXXX XXXXXXXX XX XXX
05/07/2024 - R 04/29/2024 - D	Mortgage (2024043000184006)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXX XXXXXX XXXXXXXX XX XXX
05/07/2024 - R 04/29/2024 - D	Agreement (2024043000184005)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXX XXXXXX XXXXXXXX XX XXX
05/07/2024 - R 04/29/2024 - D	Mortgage (2024043000184004)	XXXXXXXXX XXXXX XXXXX XXX	XXX XXXX XXXXXX XXXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Radisson Lexington Hotel - 511 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

$6,001,517

Municipal exemptions

Recent tax assessments

Market value

$140,331,000

Assessed value

$63,148,950

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	$125,033,000	$56,264,850	$52,086,598	10.848%	$5,650,354	$5,650,354	-3.48%
2024/25	$124,432,000	$55,994,400	$54,396,808	10.762%	$5,854,184	$5,854,184	+5.12%
2023/24	$116,841,000	$52,578,450	$52,578,450	10.592%	$5,569,109	$5,569,109	+7.57%
2022/23	$108,071,000	$48,631,950	$48,631,950	10.646%	$5,177,357	$5,177,357	+2.50%
2021/22	$104,363,000	$46,963,350	$46,963,350	10.755%	$5,050,908	$5,050,908	-28.51%
2020/21	$149,718,000	$67,373,100	$66,066,010	10.694%	$7,065,099	$7,065,099	+2.38%
2019/20	$149,483,000	$67,267,350	$65,491,390	10.537%	$6,900,828	$6,900,828	+0.60%
2018/19	$145,768,000	$65,595,600	$65,244,709	10.514%	$6,859,829	$6,859,829	+1.39%
2017/18	$144,548,888	$65,047,000	$64,347,714	10.514%	$6,765,519	$6,765,519	+0.25%
2016/17	$159,750,000	$71,887,500	$63,825,490	10.574%	$6,748,907	$6,748,907	+3.68%

Permits

Permit information for Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/06/2026	Alteration
08/05/2025	Alteration
06/20/2025	Alteration
03/13/2025	Alteration
10/22/2024	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
	06/23/2024	Earcx-failure to submit eer none
	02/22/2024	Fispnrf-no report and / OR late filing (facade) facade required
	04/22/2023	Earcx-failure to submit eer none

*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

Lexington Ave & 50th St at NW Corner

Station lines

E-M-6

Distance (miles)

0.127

View subway map

Access the detailed traffic volume map for Radisson Lexington Hotel - 511 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 Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY

127 E 47th St, New York 129 E 47th St, New York 299 Park Ave, New York 143 E 47th St, New York 123 E 47th St, New York 111 E 48th St, New York 148 E 48th St, New York 145 E 47th St, New York 125 E 47th St, New York 155 E 48th St, New York 780 3rd Ave, New York 146 E 49th St, New York 160 E 48th St, New York 150 E 49th St, New York 142 E 49th St, New York

Nearby ZIP codes for Radisson Lexington Hotel - 511 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 Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017?

The development at Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017 was built in 1929.

What is the market value of Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017?

The current market value of Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017 is $140,331,000.

What is the total square footage of Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017?

Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017 has a total of 314,568 square feet.

What is the price per square foot for this property?

$551 per square foot is the price for Radisson Lexington Hotel - 511 Lexington Avenue, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.