New York City  »  10016  »  Lexington Ave  »  124 Lexington Ave

124 Lexington Avenue, New York, NY 10016 - Property report

Also known as: 124 Lexington Ave

Property image for 124 Lexington Avenue, New York, NY 10016
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Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

1,540

Sale price

$12,200,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
124 Lexington Avenue
ZIP code
10016
Neighborhood
NoMad
Borough
Manhattan
Block & lot
00884-0019

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Building material
Sales
Sale date
04/01/2025
Sale price
$12,200,000 - M
Tax
Tax year
2026-2027
Property tax
$55,469
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
19.5 ft x 78.5 ft
Lot sq. ft.
1,540

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.83 Miles
Closest fire station
0.20 Miles

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

Ownership

Ownership information for 124 Lexington Avenue, New York, NY

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

Sales history for 124 Lexington Avenue, New York, NY 10016

Sale date Sale price Buyer name Seller name
04/01/2025 $12,200,000 XX XXXXXXXXX, XXX XXX XXXXXXXXX XXX. XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/02/2026 - R Initial UCC1
(2026051400472004)		 XX XXXXXXXXX XXX XXX XXXXXXXXX XXX
06/02/2026 - R
04/30/2026 - D		 Agreement
(2026051400472003)		 XX XXXXXXXXX XXX XXX XXXXXXXXX XXX
06/02/2026 - R
04/30/2026 - D		 Assignment of Leases and Rents
(2026051400472002)		 XX XXXXXXXXX XXX XXX XXXXXXXXX XXX
06/02/2026 - R
04/30/2026 - D		 Mortgage
(2026051400472001)		 XX XXXXXXXXX XXX XXX XXXXXXXXX XXX
07/16/2025 - R
07/11/2025 - D		 Zoning Lot Description
(2025071400468001)		 XX XXXXXXXXX XXX
04/09/2025 - R UCC3 Termination
(2025040800576001)		 XXX XXXXXXXXX XXX XXXX XXXXXXXX XXXXXXXX XXX
04/09/2025 - R
04/01/2025 - D		 Termination of Agreement
(2025040800576005)		 XX XXXXXXXXX XXX XX XXXXXXXXX XXX
04/09/2025 - R
04/01/2025 - D		 Deed
(2025040800576004)		 XXX XXXXXXXXX XXX XXXX XX XXXXXXXXX XXX
04/09/2025 - R
04/01/2025 - D		 Termination of Assign of L&R
(2025040800576003)		 XXX XXXXXXXXX XXX XXXX XXXXXXXX XXXXXXXX XXX
04/09/2025 - R
04/01/2025 - D		 Satisfaction of Mortgage
(2025040800576002)		 XXX XXXXXXXXX XXX XXXX XXXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 124 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
$55,469
Municipal exemptions
Recent tax assessments
Market value
$1,343,000
Assessed value
$604,350

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 $1,179,000 $530,550 $445,563 10.848% $48,335 $48,335 +13.83%
2024/25 $1,241,000 $558,450 $394,560 10.762% $42,463 $42,463 +18.62%
2023/24 $1,306,100 $587,745 $337,977 10.592% $35,799 $35,799 -60.69%
2022/23 $3,233,000 $1,454,850 $742,339 12.267% $91,063 $91,063 +8.28%
2021/22 $3,518,000 $1,583,100 $687,353 12.235% $84,098 $84,098 -0.26%
2020/21 $3,700,000 $1,665,000 $687,353 12.267% $84,318 $84,318 +1.49%
2019/20 $3,651,000 $1,642,950 $666,047 12.473% $83,076 $83,076 +6.81%
2018/19 $3,799,000 $1,709,550 $616,712 12.612% $77,780 $77,780 +7.09%
2017/18 $3,325,000 $1,496,250 $571,030 12.719% $72,629 $72,629 +6.55%
2016/17 $3,015,000 $1,356,750 $528,733 12.892% $68,164 $68,164 +0.07%
Permits

Permit information for 124 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
12/15/2021 Alteration
12/15/2021 Alteration
11/30/2021 Alteration
11/26/2019 Alteration
08/13/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
09/23/2024 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Park Ave & 28th St at NE Corner
Station lines
6
Distance (miles)
0.066
View subway map

Access the detailed traffic volume map for 124 Lexington Avenue, New York, NY 10016 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

Neighbors for 124 Lexington Avenue, New York, NY

299 E 3rd St, New York 543 E 5th St, New York 122 Lexington Ave, New York 81 Eldridge St, New York 605 10th Ave, New York 322 1/2 E 50th St, New York 43 Spring St, New York 505 W 37th St, New York 811 10th Ave, New York 242 W 71st St, New York 356 E 112th St, New York 121 Seaman Ave, New York 50 W 22nd St, New York 462 10th Ave, New York 1737 York Ave, New York 40 Fulton St, New York 413 W 145th St, New York 29 E 28th St, New York 300 E 42nd St, New York 232 W 37th St, New York

Nearby ZIP codes for 124 Lexington Avenue, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, 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 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the market value of 124 Lexington Avenue, New York, NY 10016?

The current market value of 124 Lexington Avenue, New York, NY 10016 is $1,343,000.

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