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For Sale | Apartment Buildings , Live Plus Income Buildings , Mixed-Use Investment Buildings , Mixed-U Available

106 Lexington Avenue, New York, NY 10016

106 Lexington Avenue, NEW YORK, New York, 10016
NEW YORK, NY 10016
United States
Inquire About This Property
Building Size:
6,056 SF
Available Space:
6,056 SF
Sale Price:
6500000 USD
Price Per Unit:
1,073.32 / USD
Lot Size
1,592 SF/.04 Acres
Year Built:
1910
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 106 Lexington Avenue, a 19.75’ wide, 5 story, approximately 6,056 square foot, mixed-use building located on the west side of Lexington Avenue between East 27th and 28th Streets. This property stands out on the avenue with exceptional street presence, boasting old world charm. An utterly rare feature is the marble stair case from the vestibule to the parlor floor. The common hallways maintain mosaic tiles on each landing adjoined by an ornate metal staircase and dark stained wood trim through-out. The ground floor is currently occupied by Lahori Kabab through April 2024, the lease has a buyout clause which is active as of May 1, 2022. The parlor floor, has a loft-like feel with 14' ceiling heights, a 12’ picture window overlooking the avenue, two fireplaces, a full kitchen and bathroom, an abundance of original detail, central AC and will be delivered vacant. The current use is for office but could be used as retail. The third, fourth and fifth floors consist of two separate front and rear one bedroom apartments, with the rear apartments benefiting from the building’s extension. The fifth floor apartments are beautifully renovated with a split system air conditioning unit and a functioning gas fireplace. In addition, a steel and wood roof deck can be utilized exclusively for the entire building. Given the location and quality, a property of this caliber will attract both users and investors

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