Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
165 Lexington Avenue #4D

For Sale · Listing by Compass

165 Lexington Avenue #4D

Kips Bay, Manhattan

$1,290,000

Interested in this property?
Active For Sale Condo

$1,290,000

$1,767 per sq ft

165 Lexington Avenue #4D

Kips Bay, Manhattan

The Lexi

MLS® #RLS20107638

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, August 16 • 1:00 AM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

1
Bedroom
1
Bath
730
Sq. Ft.
2021
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 730 sq ft
Lot Size 2,192 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $836.46/mo
Property Taxes $18,120/yr
Neighborhood Kips Bay
Floor 4 of 11

Property Highlights

  • Outdoor Space: Deck, Balcony
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 4 of 11
Cooling Central Air
Pets Yes
Year Built 2021
Living Area 730 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Lot Size 2,192 sq ft
Parcel # 0886-1316
Block/Lot 00886/1316

Listing History

Event Date Price Change
Listed Aug 13, 2026 $1,290,000 -
Currently Aug 14, 2026 $1,290,000 -

Description

Bathed in beautiful southeast light and featuring a private balcony, this impeccably designed one-bedroom, one-bathroom residence offers a refined blend of timeless elegance and modern comfort in the heart of Kips Bay. Spanning approximately 730 square feet, the home boasts soaring ceilings, wide-plank white oak floors, oversized double-pane windows, custom designer lighting, and the convenience of an in-unit Miele washer and dryer. A gracious entry foyer with a generous coat closet leads into an expansive open-concept living and dining area, where floor-to-ceiling windows flood the home with natural light throughout the day. The living room seamlessly extends to a private balcony, creating an ideal setting for morning coffee or evening unwinding. The thoughtfully designed chef's kitchen features an eat-in peninsula, custom Italian walnut cabinetry, quartzite countertops and a full-height backsplash, complemented by a suite of fully integrated premium Miele appliances. The serene bedroom offers ample closet space, while the spa-inspired bathroom is beautifully appointed with elegant fixtures, a calming neutral palette, and luxurious radiant heated floors. Designed by Isaac & Stern Architects in collaboration with DNArc P & Design Studios, 165 Lexington Avenue is a boutique luxury condominium distinguished by sophisticated architecture, refined interiors, and exceptional amenities. Residents enjoy a state-of-the-art fitness center, stylish resident lounge, co-working space, pet spa, bicycle storage, and a beautifully landscaped rooftop terrace with grilling stations and breathtaking views of the Manhattan skyline, including the iconic Empire State Building. Ideally located where Kips Bay meets NoMad, Murray Hill, and Koreatown, the building is surrounded by an outstanding collection of restaurants, cafés, shopping, and everyday conveniences. Madison Square Park is just moments away, while the nearby R, W, 4, 5, 6, and L subway lines provide seamless access to the rest of Manhattan.

Features & Amenities

Interior Features

Entrance Foyer High Ceilings Soaking Tub In Unit See Remarks Flooring: Hardwood

Exterior Features

Building Barbecue Balcony Building Roof Deck Private Outdoor Space Under60 Sqft Deck Balcony

Building Amenities

Common Lounge Elevators Fitness Center Package Room Storage

Appliances

Dishwasher

Building Information

Building The Lexi
Building Data View Compliance & Permits
Total Units 43
Stories 11
Structure MixedUse

Financial Details

Common Charges $836.46/mo
RE Taxes $18,120/yr ($1,510/mo)

Kips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.

Kips Bay Live Market Data

View Neighborhood

Active Listings

113

Median Asking Price

$920K

Median $/Sqft

$1,498

Avg Days on Market

N/A

New This Week

4

Price Reduced

31%

Sold (30 Days)

13

Median Sale Price

$600K

Live data from RLS at REBNY • Updated 8/13/26, 8:00 PM EST

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Location

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165 Lexington Avenue #4D, Kips Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2020
Year Built
6 years old
11
Floors
43
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $8,591,585
Land Value: $1,913,402
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 6,582 SF
Building Area: 41,645 SF
Built FAR: 6.33
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $836.46 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $18,120, or roughly $1,510 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 730 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with Milton Coste.

At the current list price of $1,290,000 for 730 sq ft, the asking price per square foot is approximately $1,767. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20107638
First Listed: 8/5/2026
On Market: 8/13/2026
Contract Date: 8/1/2026

Listing Courtesy of Compass - Mina Bevan

Listing Contact: (917) 940-8663

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/14/2026 at 12:00 AM UTC

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Kips Bay Market Update

13 sales last 30 days · $920K median · 8.7 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Kips Bay Borough Manhattan
County New York
Floor 4 of 11
Year Built 2021
First Listed 8/5/2026
Living Area 730 sqft
Common Charges $836.46/mo
Annual Tax $18,120

Monthly Costs Estimate

Down Payment 20%

$258,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $836.46
Est. Taxes $1,510
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$12,900

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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