For Sale · Listing by Douglas Elliman Real Estate
860 LEXINGTON Avenue
Lenox Hill, Manhattan
$12,750,000
860 LEXINGTON Avenue
MLS® #RLS20110357
Listing by Douglas Elliman Real Estate
- 6
- Bedrooms
- 7.5
- Baths
- N/A
- Sq. Ft.
- 1910
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Ductless
- Character: Pre-war building (1910)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Aug 20, 2026 | $12,750,000 | - |
| Currently | Aug 21, 2026 | $12,750,000 | - |
Description
860 Lexington Avenue - Prime Upper East Side Investment Opportunity Exceptional opportunity to acquire a fully renovated mixed-use building in the heart of Lenox Hill, ideally located on the West Side of Lexington Avenue between East 64th and 65th Streets. The property offers approximately 6,260 SF above grade, PLUS a finished commercial basement leased to the same long-standing retail tenant. The Certificate of Occupancy recognizes the basement for commercial/store use, providing additional usable, income-producing space beyond the 6,260 SF stated building area. The building combines strong commercial and luxury residential income, offering an approximately 4.8% pro-forma cap rate at the asking price. The property is anchored by a long-standing retail tenant with leases through 2032, contractual rent increases and real-estate-tax escalation provisions-providing stable income with built-in growth. The residential component consists of two beautifully renovated residences, including a 2 bedroom, 2 bathroom home with private outdoor space and an impressive 4 bedroom, 3.5 bathroom upper duplex penthouse with an approximately 600 SF private roof-deck terrace. A rare combination of prime Upper East Side location, attractive yield, long-term commercial tenancy, luxury residential space and fully renovated condition-an outstanding Manhattan investment opportunity.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Lenox Hill
View All Lenox Hill ListingsLenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.
Lenox Hill Live Market Data
View NeighborhoodActive Listings
432
Median Asking Price
$1.44M
Median $/Sqft
$1,514
Avg Days on Market
N/A
New This Week
12
Price Reduced
38%
Sold (30 Days)
44
Median Sale Price
$999K
Live data from RLS at REBNY • Updated 8/20/26, 9:04 PM EST
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Location
860 LEXINGTON Avenue, Lenox Hill, New York County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $121,704, or roughly $10,142 per month. Verify the current assessment with your attorney before closing.
This property has 6 bedrooms and 7 full bathrooms and 1 half bathroom.
According to MLS records, the building was constructed in 1910, making it approximately 116 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.
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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Istvan Ritz
Listing Contact: (917) 930-2540
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 Data display by Keller Williams NYC. Data last updated on 8/21/2026 at 1:04 AM UTC
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Quick Facts
Monthly Costs Estimate
$2,550,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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 $10M to $14,999,999 at 3.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$414,375
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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