4
See all 4 photos
$8,000,000
Est. payment /mo
4 Baths
New
347 Lexington Avenue Manhattan, NY 10016
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Murray Hill
MLS Listing ID RLS20064307
HOA Y/N Yes
Year Built 1920
Property Sub-Type Retail
Property Description
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.
Location
State NY
County New York
Interior
Furnishings Unfurnished
Fireplace No
Laundry Building None, In Unit
Exterior
Exterior Feature Building Garden, Garden, Private Outdoor Space Over 60 Sqft
View Y/N No
Present Use Multi-Family,Mixed Use,Residential,Retail,Single Family
Private Pool No
Building
Dwelling Type Multi Family,Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 0895-0072
Ownership None
Pets Allowed Building Yes, Yes
RLS Data display by New York (LondonFosterNY.com)
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