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Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022 Property Information

Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022 2
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Address

Building name Doral Inn Hotel
Primary address Doral Inn Hotel - 541 Lexington Avenue
Secondary address 129-141 E 49th St
Neighborhood Turtle Bay
Zip code 10022
Borough Manhattan
Block & lot 01304-0020

Sales & Tax Overview for 541 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 11/26/2024
Purchase price $154,962,576
Tax class
Estimated property tax $4,546,234

Lot & Building Information for 541 Lexington Avenue, New York

Lot sq. ft. 24,725
Lot dimensions 200.83 ft x 126.25 ft
Property type Luxury Hotel (H1)
Building sqft 317,496
Building dimensions 198 ft x 120 ft
Buildings on lot 1
Stories 15
Year built 1929
Year last altered 2013
Construction type
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Zoning & Use for 541 Lexington Avenue, New York

Zoning
Commercial units 14
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.06 Miles
Closest fire station 0.48 Miles

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

Other Property Data for 541 Lexington Avenue, New York

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Floor area ratio (FAR) for Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022, 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 Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 129-141 E 49th St, New York, NY 10022
  • 126-136 E 50th St, New York, NY 10022
  • 539-555 Lexington Ave, New York, NY 10022

About 541 Lexington Avenue, New York

How many sq. ft. does Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022 have & what is the price per sq. ft?

This Luxury Hotel (H1) located at Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022 has a total of 317,496 square feet and a current price per square foot of $488.

What is the year built & the current market value of Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022?

Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022 was built in 1929 and has a current tax assessor's market value of $93,170,000.

How many commercial spaces does this building have?

This building has 14 commercial spaces available for lease.

Ownership Information for 541 Lexington Avenue, New York

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Property owner name for Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022
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Building contacts for Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 541 Lexington Avenue, New York

Create a free account to view the complete sales history for 541 Lexington Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
11/26/2024 $154,962,576
05/09/2018 $182,925,375
12/09/2015 $6,967,907
       
       
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*Here are the three most recent sales for this property.

Title Documents for 541 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
05/05/2025 - R Initial UCC1
(2025050200452008)
05/05/2025 - R UCC3 Termination
(2025050200452007)
04/30/2025 - D
05/05/2025 - R
Termination of Assign of L&R
(2025050200452006)
04/30/2025 - D
05/05/2025 - R
Asgn of Asgn of L&R
(2025050200452005)
04/30/2025 - D
05/05/2025 - R
Agreement
(2025050200452004)
04/30/2025 - D
05/05/2025 - R
Mortgage
(2025050200452003)
04/30/2025 - D
05/05/2025 - R
Assignment, Mortgage
(2025050200452002)
04/30/2025 - D
05/05/2025 - R
Assignment, Mortgage
(2025050200452001)
12/05/2024 - R Initial UCC1
(2024120300888006)
11/26/2024 - D
12/04/2024 - R
Both RPTT and RETT
(2024120400127001)
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R: Recorded date
D: Document date

Property Taxes for 541 Lexington Avenue, New York

Access detailed property tax data for Doral Inn Hotel - Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $4,548,187
Estimated property tax: $4,546,234
Tax assessor's market value: $93,170,000
Assessed value: $41,926,500

Assessment History for 541 Lexington Avenue, New York

Here's the assessment & property tax history for 541 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 $93,170,000 $41,926,500 $41,926,500 10.848% $4,548,187 $4,548,187 -4.35%
2024/25 $105,609,000 $47,524,050 $44,182,460 10.762% $4,754,916 $4,754,916 +2.33%
2023/24 $110,412,000 $49,685,400 $43,868,730 10.592% $4,646,576 $4,646,576 +3.02%
2022/23 $95,885,000 $43,148,250 $42,365,650 10.646% $4,510,247 $4,510,247 -6.04%
2021/22 $99,187,000 $44,634,150 $44,634,150 10.755% $4,800,403 $4,800,403 -32.78%

Permits for 541 Lexington Avenue, New York

The complete history of permits filed for 541 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
08/27/2025 Alteration
08/13/2025 Alteration
12/12/2024 Alteration
10/31/2022 Alteration
10/26/2021 Alteration
10/01/2021 Alteration
02/12/2020 Alteration
02/05/2020 Alteration type 2
12/13/2019 Alteration
02/26/2019 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

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Risk

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

Transportation

Distance to Subway
Closest station Lexington Ave & 50th St at NW Corner
Station lines E-M-6
Distance (miles) 0.045
View subway map
Bus Routes
Name E 50 St/Lexington Av
Line M50
Distance (miles) 0.015

Neighbors for 541 Lexington Avenue, New York

Here are the neighbors for Doral Inn Hotel - Doral Inn Hotel - 541 Lexington Avenue, New York, NY 10022.

Address Square feet Purchase date Purchase price
143 E 49th St, New York 4,875 10/27/1992
150 E 50th St, New York 119,465 08/12/1980
299 Park Ave, New York 1,039,281 10/02/2020
321 Park Ave, New York 66,705
155 E 49th St, New York 43,796
125 E 50th St, New York 138,614 04/26/2022 $63,054,154
145 E 49th St, New York 37,371 12/21/1995
111 E 48th St, New York 443,607 10/02/2020
145 E 50th St, New York 147,970 06/11/2002
146 E 49th St, New York 33,800 06/19/1989
780 3rd Ave, New York 490,020 06/25/2024 $177,000,000
155 E 48th St, New York 21,400 10/12/2017
560 Lexington Ave, New York 345,743 01/01/2009
301 Park Ave, New York 10/02/2020
150 E 49th St, New York 57,000 08/24/2004 $273,000
135 E 50th St, New York 70,836 12/08/1997
145 E 48th St, New York 210,781
142 E 49th St, New York 34,900 05/07/2004 $11,765,557
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