$12,750,000
Active
1 days on market
860 Lexington Ave
📍 Lenox Hill, New York, NY 10021
6.0
Beds
7.5
Baths
1910
Year built
Multi-family
Type
About this property
860 Lexington Avenue - Prime Upper East Side Investment Opportunity Exceptional opportunity to acquire a fully renovated mixed-use building in the heart of Lenox Hill, ideally located on the West Side of Lexington Avenue between East 64th and 65th Streets. The property offers approximately 6,260 SF above grade, PLUS a finished commercial basement leased to the same long-standing retail tenant. The Certificate of Occupancy recognizes the basement for commercial/store use, providing additional usable, income-producing space beyond the 6,260 SF stated building area. The building combines strong commercial and luxury residential income, offering an approximately 4.8% pro-forma cap rate
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Amenities & features
Key facts
Commercial store use
1,280 sq ft lot
Built 1910
Property details
Property typeMulti-family
Listing statusActive
Lot size1,280 sqft
Year built1910
Days on market1 days
MLS #RLS20110357
Estimated monthly payment
Listing price$12,750,000
Down payment (20%)$2,550,000
Loan amount$10,200,000
Principal & interest (7%, 30yr)$67,860/mo
Property tax (est.)$12,399/mo
Home insurance (est.)$5,312/mo
Estimated total$85,571/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.