345 Lexington Avenue
345 Lexington Avenue | New York, NY 10016
Great development opportunity via the purchase of a 1920 townhouse in an excellent mid-town Manhattan location, a few short blocks from Grand Central Terminal. The house is currently comprised of 4 floors on a 20.42 x 99.75 lot. The usable floor area as built is currently 3,057 with an unused FAR of 26,913, with a total allowable usable floor area of 29,970 (per Property Shark).* Please note: the maintenance charge of $600 monthly is the approximate charge of utilities/expenses as it relates to the second floor.Ground Floor: retail store with a lease in place through 2024.Second Floor: offices.3rd & 4th Floors: market rate 1 bedroom rental apartments.