New York City » 10029 » Lexington Ave » 1501 Lexington Ave

Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029 - Property report

Also known as: 142-152 E 97th St

Property image for Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

2001

Lot sq. ft.

20,882

Sale price

$92,000,000

General information

Address

Building name

Monterey at Lex

Primary address

Monterey at Lex - 1501 Lexington Avenue

Alternate address(es)

142-152 E 97th St
1495-1501 Lexington Ave

ZIP code

10029

Neighborhood

Carnegie Hill

Borough

Manhattan

Block & lot

01624-0045

Building

Property type

Elevator Apartment - Fireproof with Stores (D6)

Building sq. ft.

147,342

Building dimensions

100 ft x 206 ft

Buildings on lot

Stories

Year built

2001

Building material

Sales

Sale date

05/12/2015

Sale price

$92,000,000

Tax

Tax year

2026-2027

Property tax

$1,852,935

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Residential units

160

Residential sq. ft.

Commercial units

Retail sq. ft.

Lot

Lot dimensions

100.92 ft x 206.92 ft

Lot sq. ft.

20,882

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

71 /100. Very Bikeable

School district

Community district

Closest police station

0.23 Miles

Closest fire station

0.23 Miles

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

Ownership

Ownership information for Monterey at Lex - 1501 Lexington Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029

Sale date	Sale price	Buyer name	Seller name
05/12/2015	$92,000,000	XXXX XXX XXXXX XXX	XXXX XXXXXXXXXX X X.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
05/21/2025 - R	UCC3 Amendment (2025052100933001)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
04/22/2025 - R	UCC3 Amendment (2025042200377001)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
11/21/2024 - R	UCC3 Continuation (2024112001006001)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/09/2021 - R	UCC3 Amendment (2021090801053001)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXX XXXXXXXXXXX
09/09/2021 - R	UCC3 Amendment (2021090700935001)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXXXXX XXXXXXX XXX
11/22/2019 - R	UCC3 Continuation (2019111900700001)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXXXXX XXXXXXX XXX
05/18/2015 - R	Initial UCC1 (2015051401156009)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXXXXX XXXXXXX XXX
05/18/2015 - R 05/12/2015 - D	Assignment, Mortgage (2015051401156011)	XXXXXXX XXX XXXXXXXXXXX XXXXXXX XXX	XXXXXX XXX
05/18/2015 - R 05/12/2015 - D	Release (2015051401156010)	XXX XXXX XX XXX XXXX XXXXXX	XXXXXX XXX
05/18/2015 - R 05/12/2015 - D	Agreement (2015051401156008)	XXXX XXX XXXXX XXX	XXXXXXX XXX XXXXXXXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Monterey at Lex - 1501 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

$1,852,935

Municipal exemptions

Recent tax assessments

Market value

$34,780,000

Assessed value

$15,651,000

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	$35,684,000	$16,057,800	$14,388,660	12.439%	$1,789,805	$1,789,805	-0.47%
2024/25	$32,616,000	$14,677,200	$14,385,510	12.5%	$1,798,189	$1,798,189	+11.23%
2023/24	$28,736,000	$12,931,200	$12,931,200	12.502%	$1,616,659	$1,616,659	-10.01%
2022/23	$33,697,000	$15,163,650	$14,645,610	12.267%	$1,796,577	$1,796,577	+38.61%
2021/22	$29,141,000	$13,113,450	$10,594,053	12.235%	$1,604,431	$1,296,182	-9.48%
2020/21	$35,649,000	$16,042,050	$11,673,045	12.267%	$1,774,077	$1,431,932	+34.76%
2019/20	$32,870,000	$14,791,500	$8,518,854	12.473%	$1,727,982	$1,062,557	+2.93%
2018/19	$31,372,000	$14,117,400	$8,185,080	12.612%	$1,677,079	$1,032,302	+48.23%
2017/18	$30,516,000	$13,732,200	$5,475,483	12.719%	$1,642,533	$696,427	+1.98%
2016/17	$30,284,000	$13,627,800	$5,296,907	12.892%	$1,607,319	$682,877	+83.73%

Permits

Permit information for Monterey at Lex - 1501 Lexington Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
06/24/2026	Alteration
06/18/2026	Alteration
02/26/2026	Alteration
06/25/2025	Alteration
11/14/2024	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	11/14/2016	Acc1-(other BLDGS types) - elevator affirmation of correction
	11/14/2016	Acc1-(other BLDGS types) - elevator affirmation of correction
	05/30/2014	Acc1-(other BLDGS types) - elevator affirmation of correction

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lexington Ave & 96th St at NE Corner

Station lines

Distance (miles)

0.034

View subway map

Access the detailed traffic volume map for Monterey at Lex - 1501 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 Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029?

The development at Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029 was built in 2001.

What is the market value of Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029?

The current market value of Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029 is $34,780,000.

What is the total square footage of Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029?

Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029 has a total of 147,342 square feet.

What is the price per square foot for this property?

$624 per square foot is the price for Monterey at Lex - 1501 Lexington Avenue, New York, NY 10029.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.