New York City  »  10029  »  Lexington Ave  »  1571 Lexington Ave

1571 Lexington Avenue, New York, NY 10029 - Property report

Also known as: 1571 Lexington Ave

Property image for 1571 Lexington Avenue, New York, NY 10029
static Mapbox map

Property type

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

Year built

1920

Lot sq. ft.

4,750

Sale price

$11,500,000

General information

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Address
Primary address
1571 Lexington Avenue
Alternate address(es)
1571-1573 Lexington Ave
ZIP code
10029
Neighborhood
East Harlem
Borough
Manhattan
Block & lot
01628-0052

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
20,243
Building dimensions
50 ft x 80 ft
Buildings on lot
1
Stories
6
Year built
1920
Last altered
1988
Building material
Sales
Sale date
12/16/2016
Sale price
$11,500,000
Tax
Tax year
2026-2027
Property tax
$187,574
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
33
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 95 ft
Lot sq. ft.
4,750

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
69 /100.  Bikeable
School district
4
Community district
11
Closest police station
0.04 Miles
Closest fire station
0.04 Miles

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

Ownership information for 1571 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 1571 Lexington Avenue, New York, NY 10029

Sale date Sale price Buyer name Seller name
12/16/2016 $11,500,000 XXXX XXXXXXXXX XXX XXXX XXXX XXXXXXXXX XXX
03/19/2007 $26,646,014 XXXX XXXX XXXXXXXXX XXX XXXX XXXXXXXXX XXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
09/19/2023 - R UCC3 Continuation
(2023091900721001)
XXXX XXXXXXXXX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/27/2019 - R UCC3 Assignment
(2019062600612002)
XXXX XXXXXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
06/27/2019 - R
06/05/2019 - D
Assignment, Mortgage
(2019062600612001)
XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
02/20/2019 - R UCC3 Assignment
(2019021400606001)
XXXX XXXXXXXXX XXX XXXXX XXX XXX
01/07/2019 - R Initial UCC1
(2019010400411006)
XXXX XXXXXXXXX XXX XXXXX XXXXXXX XX XXX
12/28/2018 - R UCC3 Amendment
(2018122500028005)
XXX XXXX XXX XXX XXXXXXX XXXX XXXXXX XXXXXXXX XXX
12/28/2018 - R UCC3 Amendment
(2018122500028004)
XXX XXXX XXX XXX XXXXXXX XXXX XXXXXX XXXXXXXX XXX
01/07/2019 - R
12/13/2018 - D
Assignment, Mortgage
(2019010400411005)
XXXXX XXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2019 - R
12/13/2018 - D
Assignment, Mortgage
(2019010400411004)
XXXXX XXXXXXX XX XXX XXXXX XXX XXX
01/07/2019 - R
12/13/2018 - D
Agreement
(2019010400411003)
XXXX XXXXXXXXX XXX XXXXX XXXXXXX XX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1571 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
$187,574
Municipal exemptions
Recent tax assessments
Market value
$3,351,000
Assessed value
$1,507,950

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 $4,055,000 $1,824,750 $1,570,300 12.439% $195,330 $195,330 +4.72%
2024/25 $3,581,000 $1,611,450 $1,492,180 12.5% $186,523 $186,523 +2.35%
2023/24 $3,543,000 $1,594,350 $1,457,620 12.502% $182,232 $182,232 +4.33%
2022/23 $3,301,000 $1,485,450 $1,423,890 12.267% $174,669 $174,669 +3.21%
2021/22 $3,191,000 $1,435,950 $1,383,210 12.235% $169,236 $169,236 +4.96%
2020/21 $3,187,000 $1,434,150 $1,314,450 12.267% $161,244 $161,244 +3.87%
2019/20 $3,197,000 $1,438,650 $1,244,520 12.473% $155,229 $155,229 +6.91%
2018/19 $2,945,000 $1,325,250 $1,151,280 12.612% $145,199 $145,199 +6.32%
2017/18 $2,849,000 $1,282,050 $1,073,700 12.719% $136,564 $136,564 +3.13%
2016/17 $2,427,000 $1,092,150 $1,027,170 12.892% $132,423 $132,423 -1.87%

Permit information for 1571 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
01/23/2024 Alteration
08/16/2023 Alteration
08/12/2023 Alteration
10/20/2022 Alteration
06/21/2018 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
05/06/2017 C-construction
02/09/2011 Aeuhaz1-fail to certify class 1
02/09/2011 Aeuhaz1-fail to certify class 1

*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

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
5

Subway & traffic

Closest station
Lexington Ave & 103rd St at SE Corner
Station lines
6
Distance (miles)
0.113

Access the detailed traffic volume map for 1571 Lexington Avenue, New York, NY 10029 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 1571 Lexington Avenue, New York, NY 10029?

The development at 1571 Lexington Avenue, New York, NY 10029 was built in 1920.

What is the market value of 1571 Lexington Avenue, New York, NY 10029?

The current market value of 1571 Lexington Avenue, New York, NY 10029 is $3,351,000.

What is the total square footage of 1571 Lexington Avenue, New York, NY 10029?

1571 Lexington Avenue, New York, NY 10029 has a total of 20,243 square feet.

What is the price per square foot for this property?

$568 per square foot is the price for 1571 Lexington Avenue, New York, NY 10029.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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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