Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $775,000

· Closed August 12, 2022

165 Lexington Avenue #2-B
Closed For Sale Condo

$775,000

$1,794 per sq ft

165 Lexington Avenue #2-B

Kips Bay, Manhattan

MLS® #RLS10791016

RLS at REBNY

Listing by Nest Seekers International

Studio

1

Bath

432

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 432 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $450/mo
Property Taxes $6,660/yr
Neighborhood Kips Bay
Floor 2 of 11

Property Highlights

  • Exposure: North,West facing
  • Climate Control: Central Air
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
Floor 2 of 11
Exposure North,West
Cooling Central Air
Pets Yes
Cross Street East 30th Street/East 31st Street
Year Built 2021 (New)
Living Area 432 sq ft
Block/Lot 886/28

Listing History

Event Date Price Change
Listed Nov 22, 2021 $775,000 -
Price Reduced Aug 22, 2022 $800,000 +3.2%

Description

A brand new Kips Bay condo saturated with west light, this inviting studio home is an effortless blend of classic city elegance and contemporary design. Features of this 432 sq. ft. apartment include beautiful white oak floors, over-sized double pane windows, custom light fixtures, a walk-in closet, and a convenient in-unit Miele washer/dryer.

The home flows past a stylish kitchen and into a bright studio space large enough for distinctive living and sleeping area. The kitchen is equipped with custom Italian walnut cabinets, quartzite stone countertop and backsplash, and a suite of fully-integrated high-end Miele appliances, and the bathroom combines a soothing palette with refined fixtures and finishes, and radiant heating floors.

Imagined by Isaac & Stern Architects and DNArc P& Design Studios, 165 Lexington Avenue is an enticing Kips Bay condominium with Empire State Building views and luxurious interiors. Residents will enjoy a state-of-the-art fitness center with high-end equipment, a bright lounge, a convenient co-working space, a bicycle room, pet spa, and a furnished rooftop deck with lush planters, a barbecue, and stunning city views. Private storage units are also available.

Located in the northwestern corner of Kips Bay, the building is moments from a wide variety of restaurants, bars, cafes, and shops. It is a block away from Park Avenue, and it is close to Murray Hill, Koreatown, and NoMad. Madison Square Park is also close by. Nearby subway lines include the R/W/6.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $450/mo
RE Taxes $6,660/yr ($555/mo)
Sale Price $775,000
Previous Price $800,000

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

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 12:16 AM EST

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Location

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165 Lexington Avenue #2-B, 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 $450 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,660, or roughly $555 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 432 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 $775,000 for 432 sq ft, the asking price per square foot is approximately $1,794. 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: RLS10791016
First Listed: 11/22/2021
Price Changed: 8/22/2022
Closed: 8/12/2022
Contract Date: 11/22/2021

Listing Courtesy of Nest Seekers International - Natanel Malkoukian

Listing Contact: (646) 361-3276

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 5/6/2026 at 4:16 AM UTC

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