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Value-Add Office Building
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Pending

661 Lexington Ave, New York, NY 10022

Office building offers the potential to add additional floors.

Property SizeContact for details
Days on Market148

Property Features for 661 Lexington Ave

General Information

Standard status Pending
Property subtype Office
Listing Agency: Lee & Associates - New York
Listed By: Sean Slattery · License #NY 10301221373
Source: Crexi
Added: Apr 12 Changed: Aug 25 Last Checked: Sep 5 at 4:14PM

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 Lee & Associates - New York

Investment Insights

Based on property information with market context.

This office building at 661 Lexington Avenue presents multiple value-add possibilities for ownership. The property includes the opportunity to add additional floors, supporting an expansion-focused plan.

The offering is presented as a For Sale transaction. Additional details on current layout, improvements, or tenant configuration were not provided in the listing information.

Key Highlights

  • Office building at 661 Lexington Avenue offers potential to add additional floors

Property Analytics

Current Use

le cafe coffee Cafe & Coffee Shop Wardrobe Closet Design ... Hardware & Home Improvement

Suggested Use

Top Pick Butcher Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

60,948
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building offers the potential to add additional floors.
Where is this office building located?
The property is located at 661 Lexington Ave New York, NY.
What are key features of this property?
This property features: Office building at 661 Lexington Avenue offers potential to add additional floors
(646) 723-4011 Call to check price and availability
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