Exceptional opportunity to build in mid-town Manhattan, two blocks south of Grand Central in Murray Hill. 347 Lexington Avenue is being sold in combination with 345 Lexington Avenue as part of an assemblage for a developer to build 54,210 square feet of residential, office, hotel or retail space. The zoning for both buildings is very favorable C5-3, MiD. The new development would have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and 40th Streets. 347 Lexington Avenue lot measures 18.5 by 87 feet. The residential FAR is 10 and commercial and community facility FAR is 15. The property is not landmarked and will be delivered vacant. 347 Lexington is currently a 2 family building with store and baking facilities on the ground floor, a salon on the second floor, and two residential studio apartments on the third floor.
Listed By
Agency Name: Sothebys International Realty
Agency Phone: (212) 606-7660
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 20,137.87 per month $17,804.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,333.33 Homeowner's InsuranceSend an email with a link to
347 Lexington Avenue, Manhattan, NY 10016.
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347 Lexington Avenue | MLS# RLS20064307
This home located at 347 Lexington Avenue, Manhattan, NY 10016 is currently listed for sale with an asking price of $8,000,000. This property was built in 1920 and . Lexington Avenue is located in the Murray Hill subdivision. Search Murray Hill real estate on www.joycerealty.com today.