PROPERTY OVERVIEW:
An exceptional opportunity to acquire a five-story landmark mixed-use townhouse on the corner of Lexington Avenue & East 70th Street, one of the Upper East Side’s most prestigious blocks. This 25 ft. wide building is fully occupied and delivers immediate, stable cash flow with strong long-term upside potential.
HIGHLIGHTS:
Retail Component:
Ground Floor: 1,500 SF restaurant/pizzeria (plus basement), a well-established neighborhood favorite.
Second Floor: 1,000 SF currently vacant, with potential of bringing complementary tenant mix.
Residential Component:
Three (3) free market, full-floor apartments (1BR + Home Office), approx. 1,000 SF each.
Recently renovated, with the exception of the fifth floor, which is semi-renovated.
Strong rental demand and growth potential.
Key Investment Features
25 ft. wide building on a high-visibility block.
Fully leased, stable income-producing asset.
Strong tenant mix across commercial and residential.
Coveted Upper East Side location with consistent foot traffic.
Active
$6,000,000
965 Lexington Ave, New York, NY 10021
6beds
5,580sqft
Mixed Use
Built in 1910
-- sqft lot
$-- Zestimate®
$1,075/sqft
$-- HOA
What's special
- 231 days
- 588
- 12
Zillow last checked:
Listing updated:
Listed by:
R New York 646-342-1385,
Sanna Iriti,
Maria De Gennaro
Source: StreetEasy,MLS#: S1806247
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Has fireplace: No
Interior area
- Total structure area: 5,580
- Total interior livable area: 5,580 sqft
Property
Details
- Parcel number: 014050121
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Mixed Use
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Lenox Hill
Location
- Region: New York
Financial & listing details
- Price per square foot: $1,075/sqft
- Tax assessed value: $4,213,000
- Annual tax amount: $1,560,180
- Date on market: 1/13/2026
Estimated market value
Not available
Estimated sales range
Not available
$35,000/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Price change | $6,000,000-13%$1,075/sqft |
Source: StreetEasy #S1806247 Report a problem | ||
| 1/13/2026 | Listed for sale | $6,900,000-7.4%$1,237/sqft |
Source: StreetEasy #S1806247 Report a problem | ||
| 9/15/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 9/6/2023 | Price change | $7,449,000-1.3%$1,335/sqft |
Source: StreetEasy Report a problem | ||
| 7/21/2023 | Listed for sale | $7,548,000+9.4%$1,353/sqft |
Source: StreetEasy Report a problem | ||
| 7/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 2/22/2023 | Price change | $6,900,000-12.7%$1,237/sqft |
Source: StreetEasy Report a problem | ||
| 8/20/2022 | Price change | $7,900,000-7.1%$1,416/sqft |
Source: StreetEasy Report a problem | ||
| 4/28/2022 | Listed for sale | $8,500,000$1,523/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $127,575 +1.6% | $1,895,850 -8.9% |
| 2024 | $125,570 +3% | $2,081,250 +0.4% |
| 2023 | $121,885 | $2,073,600 -14.3% |
| 2022 | -- | $2,418,750 -15% |
| 2021 | -- | $2,845,350 +3% |
| 2020 | -- | $2,762,550 +20% |
| 2019 | $119,269 +6.8% | $2,302,020 +160% |
| 2018 | $111,666 +0.5% | $885,391 +1.3% |
| 2017 | $111,131 +6.6% | $873,739 +8% |
| 2016 | $104,299 | $809,019 +8% |
| 2015 | $104,299 +131% | $749,092 +1.8% |
| 2014 | $45,142 | $735,555 |
Find assessor info on the county website







