Mixed-Use Walk-Up
For Sale
Contact for pricing
1705 Lexington Ave, New York, NY 10029
A gut-rehabbed, eight-unit mixed-use building with residential units, a leased commercial space, and a vacant management office.
Property Size6,000 SF
Days on Market121
Property Features for 1705 Lexington Ave
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail, Multifamily, Mixed Use
Additional Details
Multifamily Units
6
Building Details
Year Renovated
2009
Tenancy
Multi
Listing Agency:
Tahari Realty
Listed By:
Jordan Sutton · License #10401292103
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 3:21AM
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 Tahari Realty
Investment Insights
Based on property information with market context.
1705 Lexington Avenue is an approximately 6,000 SF, 20' wide mixed-use walk-up building on the corner of East 107th Street and Lexington Avenue. The property contains eight units total, including six free-market residential apartments and one commercial space, plus a management office. Residential units feature washer/dryers in each unit, and the building was gut rehabbed in 2009 with condo-like finishes.
The commercial tenant recently signed a 10-year lease with 5% increases each year until 2030. The management office is currently vacant, creating flexibility for future ownership to lease it and generate additional income.
The residential mix includes one one-bedroom apartment and five two-bedroom apartments. The building is within a short walk of the Lexington Avenue 4 & 6 train accessed at East 103rd Street and East 110th Street.
The commercial tenant recently signed a 10-year lease with 5% increases each year until 2030. The management office is currently vacant, creating flexibility for future ownership to lease it and generate additional income.
The residential mix includes one one-bedroom apartment and five two-bedroom apartments. The building is within a short walk of the Lexington Avenue 4 & 6 train accessed at East 103rd Street and East 110th Street.
Key Highlights
- About 6,000 SF, 20’ wide mixed‑use building on the corner of East 107th Street and Lexington Avenue (East Harlem, Manhattan).
- 8‑unit walk‑up building with 6 free‑market residential units plus 1 commercial space and a management office.
- Residential unit mix: 1 one‑bedroom and 5 two‑bedroom apartments.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
11,250
Businesses Nearby
Explore this area
Business Placement
Demographics for 10029, NY
78,141
Population
36,955
Households
2.1
Avg Household Size
36
Median Age
36%
College-Educated
78%
High-School Grad
1.2 sq mi
ZIP Area
65,118
Density / Sq Mi
$38,308
Median Household Income
$41,951
Median Earnings
$1,183
Median Rent
$818,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - A gut-rehabbed, eight-unit mixed-use building with residential units, a leased commercial space, and a vacant management office.
Where is this apartment building located?
The property is located at 1705 Lexington Ave New York, NY.
What are key features of this property?
This property features: About 6,000 SF, 20’ wide mixed‑use building on the corner of East 107th Street and Lexington Avenue (East Harlem, Manhattan).; 8‑unit walk‑up building with 6 free‑market residential units plus 1 commercial space and a management office.; Residential unit mix: 1 one‑bedroom and 5 two‑bedroom apartments.
