860 LEXINGTON Avenue, New York City, NY 10065
  • $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.

  • Address: 860 LEXINGTON Avenue
  • City: New York City
  • State/county: NY
  • Zip/Postal Code: 10065
  • Area: Lenox Hill

Details

Updated on August 28, 2026 at 7:02 pm
  • Property ID RLS20110357
  • Price $12,750,000
  • Property Size 1280 Sqft
  • Bedrooms 6
  • Rooms 20
  • Bathrooms 8
  • Garage Size x x
  • Year Built 1910
  • Type Mixed Use, Residential
  • Property Status Active, For Sale

Additional details

  • Cooling Ductless
  • County New York
  • Property Type Residential
  • Pool Building None

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Contact Information

Digs Realty Group

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