Manhattan » 10021 » Lexington Ave » 985 Lexington Ave

985 Lexington Avenue, New York, NY 10021 - Property report

Also known as: 149 E 71st St

Property image for 985 Lexington Avenue, New York, NY 10021

Property type

Predominant Retail with Other Uses (K4)

Year built

1930

Lot sq. ft.

1,967

General information

Address

Primary address

985 Lexington Avenue

Alternate address(es)

149 E 71st St
985-991 Lexington Ave

ZIP code

10021

Neighborhood

Lenox Hill

Borough

Manhattan

Block & lot

01406-0021

Building

Property type

Predominant Retail with Other Uses (K4)

Building sq. ft.

7,600

Building dimensions

100 ft x 20 ft

Buildings on lot

Stories

Year built

1930

Building material

Tax

Tax year

2026-2027

Property tax

$237,724

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 ft x 19.67 ft

Lot sq. ft.

1,967

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.18 Miles

Closest fire station

0.16 Miles

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

Ownership

Ownership information for 985 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 985 Lexington Avenue, New York, NY 10021

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/24/2006 - R 10/13/2006 - D	Partial Release of Mortgage (2006110901709002)	XX XXXX XXXXXX XXXXX	XXXXXXX XXXX XXXXXXX
11/24/2006 - R 10/13/2006 - D	Termination of Assign of L&R (2006110901709001)	XX XXXX XXXXXX XXXXX	XXXXXXX XXXX XXXXXXX
09/10/2002 - R 07/25/2002 - D	Deed (1260008793726)	XXXXXXX XXXXX XXXXXX XX XXXXXXXXXX XX	XXX XXXXXXXXX XXXXXXXXX
08/03/1999 - R	Agreement (1220006715322)	XXXXXXX XXXXX XXXXXX	X X XXXX XXXXXX XXX
08/03/1999 - R	Sundry Agreement (1700006715070)	XXXXXXXXXXXXX XXX XXXXXXX XX
08/03/1999 - R	Assignment, Mortgage (1860006715686)	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XX	X X XXXX XXXXXX XXX
08/03/1999 - R	Assignment, Mortgage (1250006715725)	XXXXXXX XXXXX XXXXXX	X X XXXX XXXXXX XXX
07/27/1999 - R	Initial UCC1 (1830006723583)	XXXXXXX XXXXX XXXXXX	X X XXXX XXXXXX XXX
05/04/1994 - R	Sundry Agreement (1910004255491)	XXXXX XXXXXXXXX XXXX XX
05/04/1994 - R	Assignment, Mortgage (1800004255380)	XXXXX XXXXXXXXX XXXX XX	XXXX XXX XXXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 985 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

$237,724

Municipal exemptions

Recent tax assessments

Market value

$5,055,000

Assessed value

$2,274,750

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	$4,615,000	$2,076,750	$2,076,750	10.848%	$225,286	$225,286	+4.19%
2024/25	$4,465,000	$2,009,250	$2,009,250	10.762%	$216,235	$216,235	+4.48%
2023/24	$4,342,000	$1,953,900	$1,953,900	10.592%	$206,957	$206,957	-26.43%
2022/23	$5,872,000	$2,642,400	$2,642,400	10.646%	$281,310	$281,310	+12.02%
2021/22	$5,189,000	$2,335,050	$2,335,050	10.755%	$251,135	$251,135	-19.50%
2020/21	$6,683,000	$3,007,350	$2,917,180	10.694%	$311,963	$311,963	+5.45%
2019/20	$6,734,000	$3,030,300	$2,807,560	10.537%	$295,833	$295,833	+5.52%
2018/19	$6,733,000	$3,029,850	$2,666,500	10.514%	$280,356	$280,356	+5.26%
2017/18	$6,352,000	$2,858,400	$2,533,140	10.514%	$266,334	$266,334	+5.23%
2016/17	$6,309,000	$2,839,050	$2,393,640	10.574%	$253,103	$253,103	+5.72%

Permits

Permit information for 985 Lexington Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/28/2021	Alteration
10/14/2020	Alteration type 2
06/10/2019	Alteration
06/10/2019	Alteration
05/03/2007	Alteration type 3

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	01/28/2013	Landmk-landmark
	01/28/2013	Landmk-landmark
	01/28/2013	Landmk-landmark

*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 & 68th St at NE Corner

Station lines

Distance (miles)

0.159

View subway map

Access the detailed traffic volume map for 985 Lexington Avenue, New York, NY 10021 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

Nearby ZIP codes for 985 Lexington Avenue, New York, NY

10017, New York City, NY 10022, New York City, NY 10028, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10103, New York City, NY 10128, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, 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 10177, New York City, NY 11109, New York City, NY

Frequently asked questions

What is the year built for 985 Lexington Avenue, New York, NY 10021?

The development at 985 Lexington Avenue, New York, NY 10021 was built in 1930.

What is the market value of 985 Lexington Avenue, New York, NY 10021?

The current market value of 985 Lexington Avenue, New York, NY 10021 is $5,055,000.

What is the total square footage of 985 Lexington Avenue, New York, NY 10021?

985 Lexington Avenue, New York, NY 10021 has a total of 7,600 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

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.