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Property profile & analytics

787 Lexington Ave New York, NY 10065-8164

  • Investment properties
  • 5,853 SF
  • 0.04 lot acres
OFF-MARKET
Value Estimations
$1,120,000
Cap Rate Potential
Location Intelligence
Property ID
US63-2420353
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Yasen Beauty SPA / Massage Spa / Massage Therapist
  • Bagel Point / Bagel Shop

Property Details for 787 Lexington Ave

Year built
1910
Lot size
0.04 lot acres
Property size
5,853 SF
Zone code
C18X
Property type
Investment properties
Property subtype
Live-work space
APN
01396-0021
APU
13960021

Description

This exceptional 2,300 square foot retail property, located at 787 Lexington Avenue in the Lenox Hill submarket of Midtown East, presents a unique investment opportunity. Built in 1910 and extensively renovated in 2021, the space offers a blend of historical charm and modern functionality. Currently, one 1,400 square foot ground floor retail space is available for lease, ideal for a variety of uses. A further 800 square feet of lower level space provides additional storage or expansion potential. The property's previous tenants included a deli and a pop-up shop, demonstrating its adaptability. Its prime location offers unparalleled accessibility, with convenient proximity to numerous subway lines (F, N, R, Q, 4, 5 & 6) and a wealth of bus routes. The vibrant surrounding area boasts a diverse range of restaurants, bars, and other attractions, ensuring high foot traffic and visibility. This multi-tenant building in New York County provides a strong foundation for a thriving business, combining historical character with modern updates in a highly desirable location. The space is ready for immediate occupancy, offering a turnkey solution for a discerning tenant. This is a rare opportunity to secure a well-positioned retail space in one of Manhattan's most sought-after neighborhoods.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9669
Latitude
40.7636
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$176,608
$623,999
$788,641
$1,412,640
-
$1,845,000
$2,331,800
$4,176,800
More about this property
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