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157 Lexington Avenue, New York, NY 10016 Property Information

157 Lexington Avenue, New York, NY 10016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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157 Lexington Avenue, New York, NY 10016 2
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Address

Primary address 157 Lexington Avenue
Secondary address 157-159 Lexington Ave
Neighborhood Kips Bay
Zip code 10016
Borough Manhattan
Block & lot 00885-0063

Sales & Tax Overview for 157 Lexington Avenue, New York

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

Purchase date 04/10/2019
Purchase price $11,500,000
Tax class
Estimated property tax $255,957

Lot & Building Information for 157 Lexington Avenue, New York

Lot sq. ft. 1,957
Lot dimensions 38.75 ft x 63.92 ft
Property type Elevator Apartment - Converted (D5)
Building sqft 10,300
Building dimensions 38 ft x 48 ft
Buildings on lot 1
Stories 7
Year built 1920
Year last altered 2000
Construction type
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Zoning & Use for 157 Lexington Avenue, New York

Zoning
Residential units (DOF) 12
Commercial units 1
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.89 Miles
Closest fire station 0.18 Miles

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

Other Property Data for 157 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 157 Lexington Avenue, New York, NY 10016, 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 157 Lexington Avenue, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 157-159 Lexington Ave, New York, NY 10016

About 157 Lexington Avenue, New York

What is the year built & the total sq. ft. for 157 Lexington Avenue, New York, NY 10016?

157 Lexington Avenue, New York, NY 10016 was built in 1920 and has a total of 10,300 square feet.

What is the assessed value of 157 Lexington Avenue, New York, NY 10016 and the property tax paid?

Assessed at $2,221,200, the tax amount paid for 157 Lexington Avenue, New York, NY 10016 is $222,528. For the next year, the tax amount for 157 Lexington Avenue, New York, NY 10016 is estimated at $255,957.

When was 157 Lexington Avenue, New York, NY 10016 last sold and what was the last sale price?

157 Lexington Avenue, New York, NY 10016 was last sold in 04/10/2019 for $11,500,000.

How many residential units does this building have?

This building has 12 residential unit(s) and 1 commercial spaces. There are 1 active listings at this address.

Ownership Information for 157 Lexington Avenue, New York

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Property owner name for 157 Lexington Avenue, New York, NY 10016
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Building contacts for 157 Lexington Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 157 Lexington Avenue, New York

159 Lexington Ave
Listing type For Lease
Listing date 02/17/2026
Last updated 04/27/2026
Lot size 0.045 Acre

Call Tanner (516) 606-8998

 

159 Lexington Avenue

1500 sf + full basement

Hood + Gas in place

Asking: $20,000 monthly

2nd generation restaurant bar

View Listing

Brokers

Tanner Zar
Spaces
Suite name Space type Lease rate Available space Brokers
159 Lexington Avenue Restaurant Listing price not available 1,500 Tanner Zar
(516) 606-8998
Active Listings For This Property:
For Lease 159 Lexington Ave
159 Lexington Ave
157 Lexington Avenue, New York
Property Restaurant
Availability 1 Spaces listed / 1500 Sqft
Price Listing price not available
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 157 Lexington Avenue, New York

Create a free account to view the complete sales history for 157 Lexington Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
04/10/2019 $11,500,000

Title Documents for 157 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
03/05/2024 - R UCC3 Continuation
(2024030500309001)
04/12/2019 - R UCC3 Termination
(2019041200107003)
04/11/2019 - R Initial UCC1
(2019041100942001)
04/10/2019 - D
04/12/2019 - R
Assignment of Leases and Rents
(2019041200107006)
04/10/2019 - D
04/12/2019 - R
Agreement
(2019041200107005)
04/10/2019 - D
04/12/2019 - R
Deed
(2019041200107004)
04/10/2019 - D
04/12/2019 - R
Termination of Assign of L&R
(2019041200107002)
04/10/2019 - D
04/12/2019 - R
Assignment, Mortgage
(2019041200107001)
12/10/2018 - R UCC3 Continuation
(2018121000830001)
03/07/2014 - R Initial UCC1
(2014030500099002)
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R: Recorded date
D: Document date

Property Taxes for 157 Lexington Avenue, New York

Access detailed property tax data for 157 Lexington Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $222,529
Estimated property tax: $255,957
Tax assessor's market value: $4,936,000
Assessed value: $2,221,200

Assessment History for 157 Lexington Avenue, New York

Here's the assessment & property tax history for 157 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 $4,936,000 $2,221,200 $1,788,960 12.439% $222,529 $222,529 +8.24%
2024/25 $4,296,000 $1,933,200 $1,644,720 12.5% $205,590 $205,590 -2.51%
2023/24 $4,441,000 $1,998,450 $1,686,720 12.502% $210,874 $210,874 +6.84%
2022/23 $3,763,000 $1,693,350 $1,609,030 12.267% $197,380 $197,380 +21.57%
2021/22 $2,949,000 $1,327,050 $1,327,050 12.235% $162,365 $162,365 -21.65%

Permits for 157 Lexington Avenue, New York

The complete history of permits filed for 157 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
04/21/2021 Alteration
06/26/2019 Alteration
07/28/2017 Alteration type 2
03/07/2014 Alteration type 2
06/17/2011 Alteration type 2
06/15/2011 Alteration type 2
02/14/2011 Alteration type 3
04/23/2008 Alteration type 2
06/23/2005 Alteration type 2
08/05/2003 Alteration type 2
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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 Park Ave & 28th St at NE Corner
Station lines 6
Distance (miles) 0.123
View subway map
Bus Routes
Name Lexington Av/E 31 St
Line M101
Distance (miles) 0.031

Neighbors for 157 Lexington Avenue, New York

Here are the neighbors for 157 Lexington Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
143 E 34th St, New York 33,585
124 E 40th St, New York 47,414 05/09/2002
419 Park Ave S, New York 160,114 08/08/2024 $72,180,000
134 E 24th St, New York 5,272 12/27/2010
121 E 24th St, New York 58,744 08/01/2023 $5,846,488
150 E 24th St, New York 20,384 08/10/2010
220 E 22nd St, New York 77,275 10/16/2024 $104,500,000
155 E 29th St, New York 273,538 09/19/2005 $50,040,000
340 3rd Ave, New York 8,088 05/09/1977
139 E 35th St, New York 130,272 12/26/1972
214 E 19th St, New York 16,661 01/30/2004 $2,000,000
108 E 37th St, New York 11,097 05/12/1980
210 E 19th St, New York 16,661 01/30/2004 $2,000,000
381 Park Ave S, New York 209,041 11/19/2025 $104,000,000
105 E 37th St, New York 8,295 11/07/2012 $5,151,250
110 E 25th St, New York 114,146 04/08/2002
111 E 24th St, New York 39,390 04/07/2010
158 E 39th St, New York 2,849 07/19/2001
122 E 25th St, New York 26,250
215 E 21st St, New York 12,726 03/10/1995
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