Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

1694 Lexington Avenue
Interested in this property?
Pending For Sale Multi Family

$2,750,000

$732 per sq ft

1694 Lexington Avenue

East Harlem, Manhattan

MLS® #RLS20058027

RLS at REBNY

Listing by Modern Spaces

4

Bedrooms

4

Baths

3,758

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 3,758 sq ft
Lot Size 1,249.5 sq ft
Year Built 1910
Ownership None
Property Taxes $23,737/yr
Neighborhood East Harlem

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 4 Full
Pets Yes
Cross Street Lexington Avenue/East 106th Street
Year Built 1910
Living Area 3,758 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 1,249.5 sq ft
Parcel # 1634-0016
Block/Lot 1634/0016

Listing History

Event Date Price Change
Listed Nov 2, 2025 $2,750,000 -
Currently Apr 28, 2026 $2,750,000 -

Description

Modern Spaces is proud to exclusively present 1694 Lexington Avenue - a prime Four-Family investment in the heart of East Harlem, Manhattan - in the epicenter of Manhattan’s hottest growth corridor. With approved plans for a full interior renovation and a new 4-Family Certificate of Occupancy to be obtained, this property is delivered renovation-ready - ideal for immediate construction and swift income generation.

Prime Urban Infill Location:
Easy access to 6 train, MTA buses, FDR Drive, I-278 & I-95, & RFK Bridges.
Minutes to Central Park, Thomas Jefferson Park, and Randalls Island - green space on demand.
Top-tier dining, retail, cultural hubs, groceries, museums, parks, playgrounds - for daily convenience.
Columbia University, Hunter College, and elite schools – built-in tenant pipeline.
Close proximity to the Upper East Side and Upper West Side - luxury retail & dining are just blocks away.

Rare owner-occupant or full-rental play: live in one unit while leasing the others—or maximize cash flow with a full four-unit rental strategy.

This is a turnkey value-add opportunity in one of Manhattan’s fastest-appreciating corridors. Contact us today to secure plans and schedule a private tour, before the next bidder does!

SUMMARY
Block/Lot 1634/16
Zone R7D
Lot 1250.25 SF (16'8"x75')
Building 3757.57 SF Gross
Max FAR 4.66
Max Allowable 5826.17 SF
New floors
New HVAC
New electricals
New plumbing
New main water service line

All material presented herein is intended for information purposes only. All dimensions are approximate and subject to construction variances. Plans, layouts, and dimensions may contain minor variations from floor to floor. The buyer should verify all information with their own attorney, architect, or zoning expert. Equal Housing Opportunity.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 4
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $23,737/yr ($1,978/mo)

East Harlem, also known as El Barrio, is a neighborhood rich in culture, art, and history. Known for its colorful murals and the historic La Marqueta, the area features a growing number of new residential developments alongside historic buildings. The real estate market offers some of Manhattan's most accessible price points, featuring a mix of historic walk-up cooperatives, value-driven HDFC units, and a surge of new luxury condominium developments that offer modern amenities and easy access to the Upper East Side.

East Harlem Live Market Data

View Neighborhood

Active Listings

63

Median Asking Price

$790K

Median $/Sqft

$819

Avg Days on Market

N/A

New This Week

5

Price Reduced

41%

Sold (30 Days)

7

Median Sale Price

$665K

Live data from RLS at REBNY • Updated 4/28/26, 12:51 PM EST

Similar Listings in East Harlem

View All

Location

Loading map...

1694 Lexington Avenue, East Harlem, New York County • Near Lexington Avenue/East 106th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
3
Floors
11
Residential Units
R7D
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $211,050
Land Value: $90,450
Exemptions: $0

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

Lot Area: 1,250 SF
Building Area: 3,920 SF
Built FAR: 3.14
Allowed FAR: 4.66

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 annual property tax is $23,737, or roughly $1,978 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms.

The listed interior living area is 3,758 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,750,000 for 3,758 sq ft, the asking price per square foot is approximately $732. 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: RLS20058027
First Listed: 11/4/2025
On Market: 11/2/2025
Price Changed: 11/4/2025
Pending Since: 3/17/2026
Contract Date: 11/2/2025

Listing Courtesy of Modern Spaces - Ka I Chan

Listing Contact: (646) 318-9556

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 4/28/2026 at 4:51 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email