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    575 Lexington Ave New York, NY 10022

    For Lease
    Contact for pricing
    Lot size:
    745,487 SF
    Added:
    Dec 11, 2024
    Days on Market:
    366

    Property Features for 575 Lexington Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    745,487 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1958/2014
    Stories
    35

    Unit(s) available at that property

    Space
    8th Floor Suite 800
    Size
    35,865 SF
    Space
    19th Floor Suite 1900
    Size
    15,226 SF
    Space
    20th Floor Suite 2000
    Size
    14,565 SF
    Space
    Suite 26(2600)
    Size
    9,850 SF
    Space
    Suite 24(2400)
    Size
    4,990 SF
    Space
    27th Floor Suite 2700
    Size
    9,884 SF
    Space
    28th Floor Suite 2860
    Size
    2,262 SF
    Space
    28th Floor Suite 2870
    Size
    3,059 SF
    Space
    31st Floor Suite 3100
    Size
    4,859 SF
    Space
    Floor 23(2320)
    Size
    3,071 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Scarlett Design Agency Spontaneous Video Production Service lifetime plumbing Contractor Bluerock Video Editing Service Tiffany Ma, Esq. Employment Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Dental Office Food Market Grocery Store Daycare Center Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.9715061
    Latitude
    40.757372

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    FAQs

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    The property is located at 575 Lexington Ave New York, NY.
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    New York, NY 10022
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    575 Lexington Ave New York, NY 10022
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