Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
165 Lexington Avenue #8B

For Sale · Listing by Compass

165 Lexington Avenue #8B

Kips Bay, Manhattan

$2,600,000

Interested in this property?
Active For Sale Condo

$2,600,000

$2,027 per sq ft

165 Lexington Avenue #8B

Kips Bay, Manhattan

The Lexi

MLS® #RLS20102731

RLS at REBNY

Listing by Compass

2
Bedrooms
2
Baths
1,283
Sq. Ft.
2021
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,283 sq ft
Lot Size 2,192 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $1,555.42/mo
Property Taxes $33,299.04/yr
Neighborhood Kips Bay
Floor 8 of 11

Property Highlights

  • Views: City
  • Exposure: West facing
  • Outdoor Space: Deck, Terrace, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 8 of 11
View City
Exposure West
Cooling Central Air
Pets Yes
Year Built 2021
Living Area 1,283 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Lot Size 2,192 sq ft
Parcel # 0886-1336
Block/Lot 00886/1336

Listing History

Event Date Price Change
Listed Sep 8, 2026 $2,600,000 -
Currently Sep 9, 2026 $2,600,000 -

Description

165 Lexington Ave, #8B is a bright, contemporary 1,283 square foot apartment with over 250 square feet of private outdoor space in Northwest Kips Bay. This 8th floor residence offers high ceilings, floor-to-ceiling double paned windows and 2 private balconies. This designer home is complete with custom brushed wide plank white oak floors, multi-zone heating & cooling, recessed lighting and an in-unit washer & dryer. Enter into an expansive, open-concept living / dining room with 9'9" ceilings and direct access to the larger of two private terraces. The sleek, chef's kitchen offers a quartzite countertops, chrome faucets, and custom Italian walnut oak lacquer cabinets. The kitchen is complete with a full suite of integrated, stainless steel Miele appliances. Two adjacent closets, the second full bath and in-unit washer / dryer round out the public space of this home. Two Southeast-facing bedrooms are discreetly tucked away from the living space for maximum privacy and separation. The king-size primary suite boasts a private balcony, a fully customized walk-in-closet and a four-fixture en-suite bathroom with double vanity, rain shower and luxury finishes. The Lexi Condominium is a limited collection of 43 luxury residences built in 2021. Contemporary finishes and thoughtful layouts characterize each home. Amenities include a state-of-the-art fitness center, co-working space, playroom and a beautifully-appointed common roof deck. Residents enjoy a part-time doorman (7 am - 3 am), live-in superintendent and additional support staff. With a superb, central location at the nexus of Kip's Bay, Murray Hill and KoreaTown, 165 Lexington Avenue offers residents convenient access to the 6, R, and W train lines with Penn Station, and Herald Square are moments away.

Features & Amenities

Interior Features

Double Vanity High Ceilings Kitchen Island Recessed Lighting Walk In Closets In Unit See Remarks Flooring: Hardwood

Exterior Features

Building Barbecue Balcony Building Roof Deck Private Outdoor Space Over60 Sqft Deck Terrace Balcony

Building Amenities

Common Playroom Elevators Fitness Center Package Room Storage

Appliances

Dryer Dishwasher Gas Cooktop Stainless Steel Appliances Washer

Building Information

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

Financial Details

Common Charges $1,555.42/mo
RE Taxes $33,299.04/yr ($2,775/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

110

Median Asking Price

$855K

Median $/Sqft

$1,377

Avg Days on Market

N/A

New This Week

14

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$573K

Live data from RLS at REBNY • Updated 9/9/26, 4:32 AM EST

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Location

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165 Lexington Avenue #8B, 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 $1,555.42 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $33,299.04, or roughly $2,775 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 1,283 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. Additional notes: No more than two dogs/ cats per residence without Board Approval

At the current list price of $2,600,000 for 1,283 sq ft, the asking price per square foot is approximately $2,027. 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: RLS20102731
First Listed: 7/9/2026
On Market: 9/8/2026
Contract Date: 5/5/2026

Listing Courtesy of Compass - Aaron Mazor

Listing Contact: (917) 696-8772

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 9/9/2026 at 8:32 AM UTC

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Kips Bay Market Update

14 sales last 30 days · $855K median · 7.9 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Kips Bay Borough Manhattan
County New York
Floor 8 of 11
Year Built 2021
First Listed 7/9/2026
Living Area 1,283 sqft
Common Charges $1,555.42/mo
Annual Tax $33,299.04

Monthly Costs Estimate

Down Payment 20%

$520,000

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 $1,555.42
Est. Taxes $2,775
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 $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$32,500

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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