Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,995,000

· Closed July 25, 2025

165 Lexington Avenue #11-A
Closed For Sale Condo

$2,995,000

$2,112 per sq ft

165 Lexington Avenue #11-A

Kips Bay, Manhattan

MLS® #RLS20017153

RLS at REBNY

Listing by Nest Seekers LLC

2

Bedrooms

2

Baths

1,418

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,418 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $1,596/mo
Property Taxes $39,720/yr
Neighborhood Kips Bay
Floor 11 of 11

Property Highlights

  • Exposure: East,North,South facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 11 of 11
Exposure East,North,South
Cooling Central Air
Pets Yes
Cross Street East 30th Street/East 31st Street
Year Built 2021
Living Area 1,418 sq ft
Structure Type None
Block/Lot 886/7504

Listing History

Event Date Price Change
Listed Apr 14, 2025 $3,250,000 -
Currently May 1, 2026 $2,995,000 -7.8%

Description

Penthouse With Private Rooftop and Terrace at The Lexi offers an unparalleled blend of luxury, modernity, and architectural elegance in the heart of Manhattan. This exclusive 2-bedroom, 2-bathroom penthouse redefines sophistication, boasting two private terraces with jaw dropping views of the iconic New York City skyline, with the Empire State Building as a striking focal point from every room. Upon entry, grand custom walnut doors reveal a breathtaking open-concept living space, where approximately 11-foot ceilings and expansive floor-to-ceiling West facing double-paned windows invite abundant natural light all day. The focal point—a striking eat-in waterfall island—sets the stage for effortless entertaining. The gourmet kitchen, a culinary masterpiece, is adorned with Cristallo white quartzite countertops and backsplash, while custom Italian walnut oak lacquer cabinetry conceal a fully integrated Miele appliance set. Step out onto the 22-foot wide balcony that spans across the great room, or ascend the elegant glass staircase to the crown jewel of this residence: a 637 sq. ft. private rooftop terrace. Outfitted with concrete pavers and an outdoor kitchen, it’s perfect for alfresco dining and entertaining against the backdrop of New York’s majestic skyline. The serene primary suite accommodates a California king-sized bed and features a generous walk in closet. The en-suite spa-like bathroom is a sanctuary unto itself, featuring Saint Laurent marble tile flooring, honed marble countertops, gold brass fixtures, and a walk-in wet room with a rain shower and a deep soaking tub. The second queen sized bedroom is equally refined, offering ample closet space situated across from your second full bathroom, which is outfitted with honed marble floors, Fior Di Bosco countertops, a custom Italian Interni oak vanity, and sleek chrome Dornbracht fixtures. Throughout the home, custom wide-plank white oak floors, high-efficiency Mitsubishi VRF multi-zone heating and cooling, and an in-unit Miele washer/dryer provide the pinnacle of modern comfort and convenience. Private storage unit comes with the unit for an added level of convenience. Designed by Isaac & Stern Architects in collaboration with DNArc P & Design Studios, The Lexi presents a full suite of premium amenities, including a state-of-the-art fitness center, a stylish resident lounge, co-working spaces, a pet spa, a bicycle room, and a beautifully landscaped furnished rooftop deck with BBQ stations and panoramic views of the city. Located in the heart of Manhattan’s coveted Kips Bay, The Lexi is moments away from the best the city has to offer—Trader Joe’s, Whole Foods, Michelin-starred dining, vibrant nightlife, and cultural destinations. Madison Square Park and transportation options including the R/W/6 subway lines are just steps away.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Storage Building Roof Deck

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $1,596/mo
RE Taxes $39,720/yr ($3,310/mo)
Original Price $3,250,000
Sale Price $2,995,000
Previous Price $3,250,000

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

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

18

Median Sale Price

$793K

Live data from RLS at REBNY • Updated 5/1/26, 10:27 AM EST

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Location

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165 Lexington Avenue #11-A, Kips Bay, New York County • Near East 30th Street/East 31st Street

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 $1,596 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $39,720, or roughly $3,310 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,418 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,995,000 for 1,418 sq ft, the asking price per square foot is approximately $2,112. 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 mcoste@kwnyc.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: RLS20017153
First Listed: 4/17/2025
On Market: 4/14/2025
Price Changed: 9/9/2025
Closed: 7/25/2025
Contract Date: 4/14/2025

Listing Courtesy of Nest Seekers LLC - Annael Kamar

Listing Contact: (347) 522-4767

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 5/1/2026 at 2:27 PM UTC

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