345 Lexington Avenue, New York, NY 10016

$8,000,000

345 Lexington Avenue is a 3 family building with store. The lot measures 20.42ft by 99.75ft and lot square footage pf 2000 square feet (approx.) The residential FAR is 10 and the commercial and facility FAR is 15. The property is not landmarked. The property is divided as follows: Commercial:… Read More Retail space basement with storage area. First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear. Second floor: Office space, 3 rooms, full bath, washing machine and dryer, cooking facilities and bar, terrace and garden access. Residential: Third floor: 3 rooms, full bath, full kitchen, walk through closet Fourth floor: 3 rooms, full bath, full kitchen with dishwasher, walk through closet. If bought with 347 Lexington Avenue both properties provide an exceptional opportunity in midtown Manhattan, two blocks south of Grand Central in Murray Hill to build 54,120 square feet of commercial or 40,000 square feet of residential space. Additional air rights of 27,000 square fee are available from an adjacent property. The zoning for 345 Lexington and 347 Lexington Avenue is exceptionally favorable C5-3, MiD. The new building will have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and East 40th streets. 345 Lexington Avenue is a 3 family building with store. The lot measures 20.42ft by 99.75ft and lot square footage pf 2000 square feet (approx.) The residential FAR is 10 and the commercial and facility FAR is 15. The property is not landmarked. The property is divided as follows: Commercial: Retail space basement with storage area. First floor: Retail space with office area and sink, 1/2 bath and access to storage area in rear. Second floor: Office space, 3 rooms, full bath, washing machine and dryer, cooking facilities and bar, terrace and garden access. Residential: Third floor: 3 rooms, full bath, full kitchen, walk through closet Fourth floor: 3 rooms, full bath, full kitchen with dishwasher, walk through closet. If bought with 347 Lexington Avenue both properties provide an exceptional opportunity in midtown Manhattan, two blocks south of Grand Central in Murray Hill to build 54,120 square feet of commercial or 40,000 square feet of residential space. Additional air rights of 27,000 square fee are available from an adjacent property. The zoning for 345 Lexington and 347 Lexington Avenue is exceptionally favorable C5-3, MiD. The new building will have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and East 40th streets. Less Read Less

Listing Courtesy of: Rosemarie Deane, Sothebys International Realty

Listing Snapshot

Days Online

467

Last Updated

Aug 5, 2025

Property Type

Retail

Beds

Full Baths

Partial Baths

Square Ft.

3,057

Lot Size

0.05 Acres

Year Built

1920

MLS Number

RLS10974377

30 Days Snapshot Of 10016

$1.74M

+45%

(avg) sold price

-13%

homes sold

125

-23%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Basement YN: t

Building

Living Area Units: SquareFeet, Rooms Total: 9, Structure Type: MixedUse

Property

Property Sub Type: Retail

Taxes

Tax Annual Amount: $95,280, Tax Block: 00895, Tax Lot: 0073

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345 Lexington Avenue

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