Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
165 LEXINGTON Avenue #2B
Interested in this property?
Active For Sale Condo

$795,000

$1,840 per sq ft

165 LEXINGTON Avenue #2B

Kips Bay, Manhattan

The Lexi

MLS® #RLS20098110

RLS at REBNY

Listing by Douglas Elliman Real Estate

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 $486/mo
Property Taxes Contact for details
Neighborhood Kips Bay
Floor 2 of 11

Property Highlights

  • Views: City, Panoramic
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 2 of 11
View City, Panoramic
Cooling Central Air
Pets Yes
Year Built 2021
Living Area 432 sq ft
Structure Type HighRise
Basement Other
Parcel # 0886-1306
Block/Lot 00886/0666

Listing History

Event Date Price Change
Listed Jun 16, 2026 $795,000 -
Currently Jun 16, 2026 $795,000 -

Description

Triple-Mint Studio Resale at The Lexi - First Studio Resale Opportunity Introducing the first studio resale at The Lexi at 165 Lexington Avenue, a triple-mint residence offering sophisticated design, luxurious finishes, and exceptional western light in the heart of Kips Bay. Bathed in natural sunlight through oversized double-pane windows, this thoughtfully designed 432-square-foot home seamlessly blends contemporary elegance with everyday functionality. Beautiful white oak flooring runs throughout, complemented by custom lighting, a spacious walk-in closet, and a discreet in-unit Miele washer and dryer. The intelligently planned layout allows for distinct living and sleeping areas while maintaining an open, airy feel. The designer kitchen is outfitted with custom Italian walnut cabinetry, quartzite stone countertops and backsplash, and a suite of fully integrated Miele appliances. The spa-inspired bathroom features radiant heated floors, refined fixtures, and timeless finishes that create a calming retreat from city life. Designed by Isaac Stern and DNArc P& Design Studios, 165 Lexington Avenue is a boutique luxury condominium offering an elevated lifestyle experience. Residents enjoy a state-of-the-art fitness center, resident lounge, co-working space, bicycle storage, pet spa, and a beautifully furnished rooftop terrace with grilling stations, landscaped seating areas, and sweeping views of the Manhattan skyline, including the iconic Empire State Building. Private storage is also available for purchase. Perfectly positioned in the northwest corner of Kips Bay, the building is moments from NoMad, Murray Hill, Koreatown, and Madison Square Park. Surrounded by some of Manhattan's best dining, shopping, and nightlife, with convenient access to the R, W, and 6 subway lines, this residence offers the ideal balance of neighborhood charm and city convenience. A rare opportunity to own the very first studio resale in one of Kips Bay's most sought-after boutique condominiums. Move right in and enjoy luxury living without compromise.

Features & Amenities

Interior Features

Building Other Washer Hookup

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Common Playroom Concierge

Appliances

Washer Dryer Allowed

Building Information

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

Financial Details

Common Charges $486/mo
RE Taxes Contact for details

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

123

Median Asking Price

$845K

Median $/Sqft

$1,334

Avg Days on Market

N/A

New This Week

2

Price Reduced

29%

Sold (30 Days)

8

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 6/16/26, 5:59 PM EST

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Location

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165 LEXINGTON Avenue #2B, Kips Bay, New York County

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 $486 per month. Confirm the exact amount with the listing broker before making an offer.

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 $795,000 for 432 sq ft, the asking price per square foot is approximately $1,840. 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: RLS20098110
First Listed: 6/16/2026
On Market: 6/16/2026
Price Changed: 6/16/2026
Contract Date: 6/16/2026

Listing Courtesy of Douglas Elliman Real Estate - Elan Urisoff

Listing Contact: (347) 780-8893

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 6/16/2026 at 9:59 PM UTC

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