Manhattan  »  10128  »  Lexington Ave  »  1291 Lexington Ave

1291 Lexington Avenue, New York, NY 10128 - Property report

Also known as: 150 E 87th St

Property image for 1291 Lexington Avenue, New York, NY 10128
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1930

Lot sq. ft.

3,550

Sale price

$3,580,189

General information

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Address
Primary address
1291 Lexington Avenue
Alternate address(es)
150 E 87th St
ZIP code
10128
Neighborhood
Carnegie Hill
Borough
Manhattan
Block & lot
01515-0052

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
15,240
Building dimensions
35 ft x 95 ft
Buildings on lot
1
Stories
5
Year built
1930
Last altered
1988
Building material
Sales
Sale date
03/10/2015
Sale price
$3,580,189
Tax
Tax year
2026-2027
Property tax
$453,805
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
15
Residential sq. ft.
Commercial units
5
Retail sq. ft.
Lot
Lot dimensions
35.17 ft x 100.67 ft
Lot sq. ft.
3,550

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
84 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.73 Miles
Closest fire station
0.06 Miles

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Ownership information for 1291 Lexington Avenue, New York, NY

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

Sales history for 1291 Lexington Avenue, New York, NY 10128

Sale date Sale price Buyer name Seller name
03/10/2015 $3,580,189 XXX XX XXXX XXXXX XXXXXXXXXX XXXXXXXX XXX XXX X & X XXXXXXXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/17/2025 - R UCC3 Termination
(2025061600048001)
XXXXXXX XXXXX XXXXX XXXX XXX XXXXXXX
06/17/2025 - R
06/11/2025 - D
Assignment of Leases and Rents
(2025061600048008)
XXXXX XXXXXXX XXXXXXX XX XXX XX XXXX XXXXX XXXXXXXX XXXX XXXXXXXXX XXXX X XXXXXXXX XXXX
06/17/2025 - R
06/11/2025 - D
Agreement
(2025061600048007)
XXXXX XXXXXXX XXXXXXX XX XXX XX XXXX XXXXX XXXXXXXX XXXX XXXXXXXXX XXXX X XXXXXXXX XXXX
06/17/2025 - R
06/11/2025 - D
Mortgage
(2025061600048006)
XXXXX XXXXXXX XXXXXXX XX XXX XX XXXX XXXXX XXXXXXXX XXXX XXXXXXXXX XXXX X XXXXXXXX XXXX
06/17/2025 - R
06/05/2025 - D
Assignment, Mortgage
(2025061600048005)
XXXXX XXXX XXXXXXXX XXXX XXXXXXXXX XXXX X XXXXXXXX XXXX
06/17/2025 - R
06/05/2025 - D
Assignment, Mortgage
(2025061600048004)
XXXXX XXXX XXXXXXXX XXXX XXXXXXXXX XXXX X XXXXXXXX XXXX
06/17/2025 - R
06/05/2025 - D
Termination of Assign of L&R
(2025061600048003)
XXXXX XXXX XXXXXXX XXXXX
06/17/2025 - R
06/05/2025 - D
Termination of Assign of L&R
(2025061600048002)
XXXXX XXXX XXXXXXX XXXXX
10/10/2023 - R Initial UCC1
(2023100300055004)
XXXXX XXXXXXX XX XXXXXXX XXXXX XXXX XXX XXXXXXX
10/10/2023 - R
09/28/2023 - D
Agreement
(2023100300055003)
XXXXX XXXXXXX XX XXXXXXX XXXXX XXXX XXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1291 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
$453,805
Municipal exemptions
Recent tax assessments
Market value
$8,310,000
Assessed value
$3,739,500

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 $8,226,000 $3,701,700 $3,620,340 12.439% $450,334 $450,334 +0.07%
2024/25 $8,000,000 $3,600,000 $3,600,000 12.5% $450,000 $450,000 -13.63%
2023/24 $9,626,000 $4,331,700 $4,167,670 12.502% $521,042 $521,042 +2.13%
2022/23 $9,999,000 $4,499,550 $4,159,120 12.267% $510,199 $510,199 -1.93%
2021/22 $9,449,000 $4,252,050 $4,252,050 12.235% $520,238 $520,238 -0.16%
2020/21 $10,490,000 $4,720,500 $4,247,910 12.267% $521,091 $521,091 +4.20%
2019/20 $10,238,000 $4,607,100 $4,009,230 12.473% $500,071 $500,071 +5.56%
2018/19 $9,531,000 $4,288,950 $3,756,060 12.612% $473,714 $473,714 +5.18%
2017/18 $8,695,000 $3,912,750 $3,540,960 12.719% $450,375 $450,375 +7.00%
2016/17 $8,245,000 $3,710,250 $3,264,930 12.892% $420,915 $420,915 +9.52%

Permit information for 1291 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
02/21/2025 Alteration
12/22/2023 Alteration
11/30/2023 Alteration
10/17/2023 Alteration
10/12/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/04/2023 Aeuhaz1-fail to certify class 1 none
10/04/2023 Aeuhaz1-fail to certify class 1 none
10/04/2023 Aeuhaz1-fail to certify class 1 none

*Most recent DOB violations on record for this property.

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

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Risk

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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 & 86th St at NE Corner
Station lines
4-5-6
Distance (miles)
0.021

Access the detailed traffic volume map for 1291 Lexington Avenue, New York, NY 10128 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

Frequently asked questions

What is the year built for 1291 Lexington Avenue, New York, NY 10128?

The development at 1291 Lexington Avenue, New York, NY 10128 was built in 1930.

What is the market value of 1291 Lexington Avenue, New York, NY 10128?

The current market value of 1291 Lexington Avenue, New York, NY 10128 is $8,310,000.

What is the total square footage of 1291 Lexington Avenue, New York, NY 10128?

1291 Lexington Avenue, New York, NY 10128 has a total of 15,240 square feet.

What is the price per square foot for this property?

$234 per square foot is the price for 1291 Lexington Avenue, New York, NY 10128.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

Disclaimer

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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.

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