Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
88 LEXINGTON Avenue #1506
Interested in this property?
Active For Sale Condo

$4,999,999

$2,208 per sq ft

88 LEXINGTON Avenue #1506

NoMad, Manhattan

88 & 90 Lexington

MLS® #RLS20059188

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open House Scheduled

Tuesday, May 5 • 1:00 PM – 3:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3

Bedrooms

3.5

Baths

2,265

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,265 sq ft
Year Built 1927
Ownership Condo
HOA/Common Charges $4,011/mo
Property Taxes Contact for details
Neighborhood NoMad
Floor 15 of 17

Property Highlights

  • Views: City, Panoramic
  • Exposure: South,West facing
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full, 1 Half
Floor 15 of 17
View City, Panoramic
Exposure South,West
Cooling Central Air
Pets Yes
Year Built 1927
Living Area 2,265 sq ft
Structure Type HighRise
Basement Other
Parcel # 0882-1276
Block/Lot 00882/1276

Listing History

Event Date Price Change
Listed Nov 10, 2025 $5,500,000 -
Price Reduced Feb 20, 2026 $5,250,000 -4.5%
Currently May 5, 2026 $4,999,999 -4.8%

Description

Residence 1506 at 88 Lexington Ave offers the rare combination of indoor-outdoor living, full-service luxury, and central location from Madison Square Park.

Measuring 2,265 square feet with an additional 654 square feet of private outdoor space, this three-bedroom, three-and-a-half-bath residence seamlessly balances grand scale with sophisticated design. The expansive terrace functions as an open-air extension of the living and dining areas-perfect for entertaining, dining al fresco, or simply enjoying panoramic city views.

Inside, the home features high ceilings, oversized windows, and a fluid open layout that maximizes natural light throughout the day. The chef's kitchen is equipped with premium appliances, custom cabinetry, and an elegant island that anchors the living space. Each bedroom offers generous proportions and en-suite bathrooms.

Residents of 88 Lexington Avenue enjoy a collection of premier amenities including a 24-hour doorman and concierge, a state-of-the-art fitness center, indoor swimming pool and spa, sauna and steam room, residents' lounge, and children's playroom.

Perfectly positioned at the intersection of NoMad and Flatiron, the building is within easy reach of Madison Square Park, acclaimed dining and boutique shopping, and convenient transportation options including the 6 train and nearby FDR Drive for quick access uptown, downtown, and out of the city.

A private sanctuary in the heart of Manhattan, Residence 1506 delivers the best of indoor-outdoor living within one of the city's most refined full-service condos.

Features & Amenities

Interior Features

High Ceilings Building Other Washer Hookup In Unit

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft

Building Amenities

Bike Storage Common Playroom Concierge Elevators Fitness Center Indoor Pool Sauna Sauna

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $4,011/mo
RE Taxes Contact for details
Original Price $5,500,000
Previous Price $5,250,000

NoMad, named for its position North of Madison Square Park, spans from roughly 25th to 30th Streets between Sixth and Lexington Avenues. The neighborhood's housing includes Beaux-Arts prewar cooperatives, boutique condo conversions, and modern luxury towers, all within walking distance of the N, Q, R, W, and 6 trains. Madison Square Park anchors the southern edge, and the area's commercial corridor along Broadway features a concentration of ground-floor restaurant and retail space.

NoMad Live Market Data

View Neighborhood

Active Listings

79

Median Asking Price

$2.90M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

4

Price Reduced

39%

Sold (30 Days)

6

Median Sale Price

$2.85M

Live data from RLS at REBNY • Updated 5/4/26, 8:33 PM EST

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Location

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88 LEXINGTON Avenue #1506, NoMad, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
18
Floors
89
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $29,342,249
Land Value: $3,141,002
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 11,282 SF
Building Area: 138,699 SF
Built FAR: 12.29
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 $4,011 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,265 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1927, making it approximately 99 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 $4,999,999 for 2,265 sq ft, the asking price per square foot is approximately $2,208. 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 [email protected]. 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: RLS20059188
First Listed: 11/10/2025
On Market: 11/10/2025
Price Changed: 2/20/2026
Contract Date: 11/10/2025

Listing Courtesy of Douglas Elliman Real Estate - Karan Chopra

Listing Contact: (917) 513-5877

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 5/5/2026 at 12:33 AM UTC

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