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88 Lexington Avenue 1506New York, NY 10016

For Sale

$5,500,000

Smart Buyer Rebate $68,750

  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.  

Listed by Karan Chopra

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Douglas Elliman Real Estate

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(917) 513-5877

Last updated November 18, 2025

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Source: REBNY #RLS20059188

Listing Facts

  • TypeCondo
  • NeighborhoodRose Hill
  • Bedrooms3
  • Bathrooms3.5
  • Days on Prevu9
  • HOA/Maint. Fees$3,793/month
  • Size2,265 sqft
  • Price per sqft$2,428

Amenities

  • Private Outdoor Space
  • Concierge

Location

Mortgage Calculator

Listing History

11/10/2025
Listed by Douglas Elliman Real Estate
$5,500,000

Estimated Closing Costs

Total
$253,287
Attorney Fees
$4,000
NYC Mansion Tax
$123,750
Title Insurance
$24,750
Bank Attorney
$1,500
Mortgage Recording Tax
$95,287
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $5,500,000 and a 10% 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 88 Lexington Avenue 1506

Association

Amenities

  • Community Features: Sauna
  • Pets Allowed: Building Yes, No
  • Concierge: Doorman Full Time, Concierge Full Time

Fees

  • Association Fee: $3,793.00 Monthly

Exterior

Construction

  • Number Of Units Total: 70
  • Stories Total: 17
  • Structure Type: High Rise
  • Year Built: 1927
  • Building Name: 88 & 90 Lexington
  • Entry Level: 15

Features

  • Building Features: Elevator(s)
  • View: City, Panoramic

Financial

Taxes

  • Parcel Number: 0882-1276

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Spa Features: Sauna

Measurements

  • Living Area: 2,265
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3
  • Rooms Total: 7

Other

Location

  • City Region: Manhattan
  • Subdivision Name: No Mad
  • Tax Block: 00882
  • Tax Lot: 0021

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Washer Hookup, In Unit

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.