Corner Mixed-Use Building with
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1262-1270 Lexington Avenue, New York, NY 10028
Seven-story mixed-use building with wraparound frontage, ground-floor retail, and 23 residential units.
Property Size23,598 SF
Days on Market126
Property Features for 1262-1270 Lexington Avenue
General Information
Standard status
Active
Size
23,598 SF
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Multifamily Units
23
Building Details
Stories
7
Tenancy
Multi
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Victor Sozio · License #NY 10301211469
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 4:58AM
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 Ariel Property Advisors
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)
Property Analytics
Current Use
Lease Details
23
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
17,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 10028, NY
48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
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)
