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1694 Lexington AvenueNew York, NY 10029

For Sale

$2,750,000

Smart Buyer Rebate $34,375

DELIVER VACANT. FULLY APPROVED PLANS. OBTAIN NEW 4-FAMILY C of O.
START WORK TOMORROW. CASH FLOW IMMEDIATELY.

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

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.

Listed by Ka I Chan

·

Modern Spaces

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(646) 318-9556

Last updated November 18, 2025

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Source: REBNY #RLS20058027

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Harlem
  • Days on Prevu17
  • Taxes$23,737/year
  • Size3,757 sqft
  • Price per sqft$732

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

11/02/2025
Listed by Modern Spaces
$2,750,000

Estimated Closing Costs

Total
$98,600
Attorney Fees
$4,000
NYC Mansion Tax
$34,375
Title Insurance
$12,375
Bank Attorney
$1,500
Mortgage Recording Tax
$42,350
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $2,750,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1694 Lexington Avenue

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Stories Total: 4
  • Structure Type: Multi Family
  • Year Built: 1910
  • Architectural Style: Prewar

Measurements

  • Building Area Total: 3,757
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,249
  • Lot Size Dimensions: 16
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 1634-0016
  • Tax Annual Amount: $23,737.00

Interior

Measurements

  • Living Area: 3,757
  • Living Area Units: SquareFeet

Other

Location

  • City Region: Manhattan
  • Subdivision Name: East Harlem
  • Tax Block: 1634
  • Tax Lot: 0016

Utilities

Equipment

  • Laundry Features: See Remarks

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.