Exceptional opportunity to build in mid-town Manhattan, two blocks south of Grand Central in Murray Hill. 347 Lexington Avenue is being sold in combination with 345 Lexington Avenue as part of an assemblage for a developer to build 54,210 square feet of residential, office, hotel or retail space. The zoning for both buildings is very favorable C5-3, MiD. The new development would have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and 40th Streets. 347 Lexington Avenue lot measures 18.5 by 87 feet. The residential FAR is 10 and commercial and community facility FAR is 15. The property is not landmarked and will be delivered vacant. 347 Lexington is currently a 2 family building with store and baking facilities on the ground floor, a salon on the second floor, and two residential studio apartments on the third floor.
Property Details
Property Features
Property Information:
Year Built: 1920
Listing Office:
Office Name: Sothebys International Realty
Office Phone: (212) 606-7660
Listing Agent: Rosemarie Deane
Agent Phone: (212) 606-7742
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 4
Price Information
Listing Price Info
Price Summary:
List Price: $10,000,000
HOA Fees:
Amount: $0
Frequency: Monthly
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
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This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 5/4/2024, 2:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
7
/10
PS 116 Mary Lindley Murray
210 E 33rd St
Distance between this listing and this school0.37 miles
Public District Grades KG-5
10
/10
River School (The)
425 E 35th St
Distance between this listing and this school0.44 miles
Public District Grades PK-KG
7
/10
PS 212 Midtown West
328 W 48th St
Distance between this listing and this school1.01 miles
Public District Grades KG-5
Nearby Schools
8
/10
The 47 American Sign Language and English Lower School
223 East 23rd St
Distance between this listing and this school0.83 miles
Public District Grades PK-8
8
/10
Jr High School 104 Simon Baruch
330 E 21st St
Distance between this listing and this school0.99 miles
Public District Grades 6-8
9
/10
Ballet Tech/Nyc Public School For Dance
890 Broadway
Distance between this listing and this school1.02 miles
Public District Grades 4-8
Nearby Schools
2
/10
Manhattan Academy For Arts and Languages
111 E 33rd St
Distance between this listing and this school0.32 miles
Public District Grades 9-12
3
/10
Murray Hill Academy
111 E 33rd St
Distance between this listing and this school0.32 miles
Public District Grades 9-12
9
/10
Unity Center For Urban Technologies
111 E 33rd St
Distance between this listing and this school0.32 miles
The neighbors living near this home have an average income of $77,083. Residents of New York, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 347 Lexington Ave
What is the listing price of this property?
The listing price of 347 Lexington Ave property is $10,000,000.
What type of property is this?
The property 347 Lexington Ave is a townhouse located in New York City, New York, 10016.
Is this property for sale now?
Active Listing: 347 Lexington Ave is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 347 Lexington Ave has 4 bathrooms..
Which year was this property built?
The year of construction for 347 Lexington Ave is 1920.
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This home is located at 347 Lexington Ave in New York City, NY and zip code 10016 in the Murray Hill neighborhood. This home was built in 1920. Features: 4 bathrooms. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $10,000,000.
In April 2024 more than 168 listings in New York, NY were sold above the asking price. During the same period more than 758 listings were sold at asking price, while more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.8% between March 2024 and April 2024. In April 2024 median list price was $849,191 and the average listing age was 96 days.
From Rocket Homes Real Estate and based on county public records data.
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