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1240 Lexington Avenue, New York, NY 10028 Property Information

1240 Lexington Avenue, New York, NY 10028 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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1240 Lexington Avenue, New York, NY 10028 3
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Address

Primary address 1240 Lexington Avenue
Secondary address 130-132 E 84th St
Neighborhood Carnegie Hill
Zip code 10028
Borough Manhattan
Block & lot 01512-0056

Sales & Tax Overview for 1240 Lexington Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $550,506

Lot & Building Information for 1240 Lexington Avenue, New York

Lot sq. ft. 4,257
Lot dimensions 41.67 ft x 102.17 ft
Property type Elevator Apartment - Semi-Fireproof with Stores (D7)
Building sqft 19,550
Building dimensions 40 ft x 96 ft
Buildings on lot 1
Stories 5
Year built 1925
Construction type
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Zoning & Use for 1240 Lexington Avenue, New York

Zoning
Residential units (DOF) 20
Regulated units
Commercial units 7
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 8
Closest police station 0.82 Miles
Closest fire station 0.08 Miles

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

Other Property Data for 1240 Lexington Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 1240 Lexington Avenue, New York, NY 10028, 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 1240 Lexington Avenue, New York, NY 10028, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 130-132 E 84th St, New York, NY 10028
  • 1236-1244 Lexington Ave, New York, NY 10028
  • 1246 Lexington Ave, New York, NY 10028

About 1240 Lexington Avenue, New York

How many square feet does 1240 Lexington Avenue, New York, NY 10028 have?

This Elevator Apartment - Semi-Fireproof with Stores (D7) located at 1240 Lexington Avenue, New York, NY 10028 has a total of 19,550 square feet.

What is the year built & the current market value of 1240 Lexington Avenue, New York, NY 10028?

1240 Lexington Avenue, New York, NY 10028 was built in 1925 and has a current tax assessor's market value of $10,368,000.

How many commercial spaces does this building have?

This building has 7 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 1240 Lexington Avenue, New York

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Property owner name for 1240 Lexington Avenue, New York, NY 10028
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Building contacts for 1240 Lexington Avenue, New York, NY 10028
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 1240 Lexington Avenue, New York

1240 Lexington Ave
Listing type For Lease
Listing date 01/03/2022
Last updated 01/06/2026
Lot size 0.098 Acre
View Listing

Brokers

John Akleh
Spaces
Suite name Space type Lease rate Available space Brokers
Ground Floor Retail Space Street Retail Listing price not available 400 John Akleh
(917) 660-4162
Active Listings For This Property:
For Lease 1240 Lexington Ave
1240 Lexington Ave
1240 Lexington Avenue, New York
Property Retail
Availability 1 Spaces listed / 400 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 1240 Lexington Avenue, New York

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No recorded sales for this property.

Title Documents for 1240 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
06/16/2003 - R UCC3 Continuation
(2003061300303001)
07/31/1998 - R Initial UCC1
(1810006223281)
07/26/1992 - D
08/06/1992 - R
Street Procedure
(1660000407366)
05/26/1992 - D
07/21/1992 - R
Street Procedure
(1720000405772)
05/26/1992 - D
07/21/1992 - R
Street Procedure
(1710000405771)
04/26/1992 - D
06/09/1992 - R
Street Procedure
(1400000402240)
04/25/1992 - D
06/09/1992 - R
Street Procedure
(1620000402262)
12/24/1986 - R Assignment, Mortgage
(1930000168393)
11/15/1976 - R Agreement
(1810008567981)
10/29/1976 - R Assignment, Mortgage
(1140008567414)
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R: Recorded date
D: Document date

Property Taxes for 1240 Lexington Avenue, New York

Access detailed property tax data for 1240 Lexington Avenue, New York, NY 10028. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $546,853
Estimated property tax: $550,506
Tax assessor's market value: $10,368,000
Assessed value: $4,665,600

Assessment History for 1240 Lexington Avenue, New York

Here's the assessment & property tax history for 1240 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 $10,368,000 $4,665,600 $4,396,280 12.439% $546,853 $546,853 -3.65%
2024/25 $10,108,000 $4,548,600 $4,540,467 12.5% $567,558 $567,558 -5.11%
2023/24 $10,632,000 $4,784,400 $4,784,400 12.502% $598,146 $598,146 +5.98%
2022/23 $10,224,000 $4,600,800 $4,600,800 12.267% $564,380 $564,380 -5.02%
2021/22 $10,792,000 $4,856,400 $4,856,400 12.235% $594,181 $594,181 -11.98%

Permits for 1240 Lexington Avenue, New York

The complete history of permits filed for 1240 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
10/22/2025 Alteration
10/22/2025 Alteration
06/19/2024 Alteration
04/09/2024 Alteration
01/03/2024 Alteration
11/07/2023 Alteration
11/03/2023 Alteration
11/23/2021 Alteration
01/20/2020 Alteration
01/09/2020 Alteration
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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
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

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

Transportation

Distance to Subway
Closest station Lexington Ave & 86th St at SW Corner
Station lines 4-5-6
Distance (miles) 0.108
View subway map
Bus Routes
Name Lexington Av/E 83 St
Line M102
Distance (miles) 0.063

Neighbors for 1240 Lexington Avenue, New York

Here are the neighbors for 1240 Lexington Avenue, New York, NY 10028.

Address Square feet Purchase date Purchase price
125 E 83rd St, New York 10,785 05/28/2015 $9,500,000
114 E 84th St, New York 57,491 01/14/2008 $102,400
144 E 84th St, New York 97,893 09/14/2010 $145,000
128 E 84th St, New York 9,292
146 E 84th St, New York 5,208 03/19/1991
1470 3rd Ave, New York 31,542
131 E 83rd St, New York 27,700 05/15/2013
110 E 84th St, New York 10,906 04/29/2022 $6,562,500
150 E 84th St, New York 11,017 09/20/1991
160 E 84th St, New York 224,000 08/06/1985
1001 Park Ave, New York 68,569 03/19/2008
113 E 84th St, New York 15,207 09/07/2000
125 E 84th St, New York 81,180 07/28/2004 $175,000
135 E 83rd St, New York 120,034 11/03/2015 $59,125
124 E 84th St, New York 51,744 06/02/1980
993 Park Ave, New York 128,388
148 E 84th St, New York 9,605 06/30/2004 $275,000
151 E 83rd St, New York 93,924 12/16/1986
127 E 83rd St, New York 20,092 08/26/1996
119 E 84th St, New York 48,387 08/14/1984
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