Corner Mixed-Use Building with
1262-1270 Lexington Avenue New York, NY 10028
1262-1270 Lexington Avenue, New York, NY, 10028
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For Sale
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Seven-story mixed-use building with wraparound frontage, ground-floor retail, and 23 residential units.
Property Size23,598 SF
Days on Market105
Property Features for 1262-1270 Lexington Avenue
General Information
- Standard status
- Active
- Size
- 23,598 SF
- Property subtype
- Mixed Use
Listing agency
Ariel Property Advisors
(212) 544-9500
Listed by
Victor Sozio · License #NY 10301211469
Source
Crexi
Added: Apr 10 Updated: Jul 23 at 4:58AM Checked: Jul 23 at 4:58AM
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Investment Insights
Based on property information with market context.
1262-1270 Lexington Avenue is a seven-story, elevatored corner mixed-use building offering a combination of retail and residential space. The property includes 2 ground-floor retail units, 1 lower-level retail unit, and 1 second-floor retail/office unit, along with 23 residential units. The residential mix comprises 2 studios, 13 one-bedroom units, 3 two-bedroom units, 4 three-bedroom units, and 2 four-bedroom units, including 17 free market units, 2 rent-controlled units, and 3 rent-stabilized units.
The building features 136 feet of wraparound frontage on the northwest corner of Lexington Avenue and 85th Street on Manhattan’s Upper East Side. Public transit access includes the 4, 5, and 6 trains, with a subway station located steps away on the corner of 86th Street and Lexington Avenue. Additional transportation options mentioned include the Second Avenue Subway and nearby access to the East 90th Street Ferry and the FDR Drive.
Retail space totals nearly 10,000 square feet and is positioned to serve area residential buildings. The offering also includes unused air rights totaling 14,205 square feet.
The building features 136 feet of wraparound frontage on the northwest corner of Lexington Avenue and 85th Street on Manhattan’s Upper East Side. Public transit access includes the 4, 5, and 6 trains, with a subway station located steps away on the corner of 86th Street and Lexington Avenue. Additional transportation options mentioned include the Second Avenue Subway and nearby access to the East 90th Street Ferry and the FDR Drive.
Retail space totals nearly 10,000 square feet and is positioned to serve area residential buildings. The offering also includes unused air rights totaling 14,205 square feet.
Key Highlights
- Seven‑story mixed‑use building with wraparound frontage and 136 ft of corner frontage on Lexington Avenue and 85th Street
- 23,598 SF building with 2 ground‑floor retail units, 1 lower‑level retail unit, and 1 second‑floor retail/office unit
- Residential income includes 23 units: 2 studios, 13 1BRs, 3 2BRs, 4 3BRs, and 2 4BRs (17 free market, 2 rent controlled, 3 rent stabilized)
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FAQs
What type of property is this?
Apartment building - Seven-story mixed-use building with wraparound frontage, ground-floor retail, and 23 residential units.
Where is this apartment building located?
The property is located at 1262-1270 Lexington Avenue New York, NY.
What are key features of this property?
This property features: Seven‑story mixed‑use building with wraparound frontage and 136 ft of corner frontage on Lexington Avenue and 85th Street; 23,598 SF building with 2 ground‑floor retail units, 1 lower‑level retail unit, and 1 second‑floor retail/office unit; Residential income includes 23 units: 2 studios, 13 1BRs, 3 2BRs, 4 3BRs, and 2 4BRs (17 free market, 2 rent controlled, 3 rent stabilized)
