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Renovated Residential Income Property

1 Lexington Avenue 5C, Manhattan, NY 10010

For Sale
$3,590,000

Fully renovated co-op residence with two bedrooms, two-and-a-half bathrooms, and a wood-burning fireplace.

Property SizeContact for details
Days on Market60

Property Features for 1 Lexington Avenue 5C

General Information

Standard status Active
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

wood burning fireplace
laundry room
key to Gramercy Park

Building Details

Year Built 1910
Listing Agency: Compass
Listed By: James J Morgan · License NY #10301203963
Source: Thethomas
Added: Sep 11 Changed: Nov 3 Last Checked: Nov 8 at 11:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

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This fully renovated co-op residence combines a two-bedroom layout with two-and-a-half bathrooms and loft-like proportions. The interior includes an open kitchen, separate dining area, expansive living room, adjacent laundry room, and powder room. Multiple exposures bring varied natural light throughout the home. The primary suite offers a dressing hallway, built-in desk, en-suite bathroom, and wood-burning fireplace, while the second bedroom also has an en-suite bathroom.

The residence is located in a full-service, white-glove cooperative building constructed in 1910 and designed by architect Herbert Lucas. The property overlooks Gramercy Park and includes a key to the park. The building retains its pre-war character while offering a setting suited to long-term residential ownership.

Key Highlights

  • Fully renovated co‑op residence with 2 bedrooms and 2.5 bathrooms
  • Wood‑burning fireplace located in the primary suite
  • Open kitchen, separate dining area, expansive living room, and adjacent laundry room

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

50,664
Businesses Nearby

Demographics for 10010, NY

33,991
Population
19,014
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
84,978
Density / Sq Mi
$156,127
Median Household Income
$109,691
Median Earnings
$3,113
Median Rent
$1,037,900
Median Home Value
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Fully renovated co-op residence with two bedrooms, two-and-a-half bathrooms, and a wood-burning fireplace.
Where is this residential income property located?
The property is located at 1 Lexington Avenue 5C Manhattan, NY.
What is the asking price?
The asking price for this property is $3,590,000.
What are key features of this property?
This property features: Fully renovated co‑op residence with 2 bedrooms and 2.5 bathrooms; Wood‑burning fireplace located in the primary suite; Open kitchen, separate dining area, expansive living room, and adjacent laundry room
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