- New Developments
345 Lexington Avenue - Murray Hill, New York
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.
This listing courtesy of Douglas Elliman
575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727