--- title: "165 LEXINGTON Avenue #2B, New York City, NY 10016" description: "165 LEXINGTON Avenue #2B, New York City, NY 10016 — Kips Bay, New York City, NY. Listing Price $795,000. Studio bed, 1 bath, 432 sqft Illustrative Buyer Commission Share of $11,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/165-lexington-avenue-b-2B-ny-10016" source: "Real Estate Rebate Team" status: "Active" --- # 165 LEXINGTON Avenue #2B, New York City, NY 10016 Kips Bay, New York City, NY Courtesy of Douglas Elliman Real Estate ## At a Glance - **Listing Price**: $795,000 - **Beds**: Studio - **Baths**: 1 - **Sqft**: 432 - **Common Charges**: $486 / mo - **Price per Sqft**: $1,840 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $795,000 - **Illustrative Buyer Commission Share**: -$11,925* - **Illustrative Net Cost**: $783,075 *Illustrative Buyer Savings of $11,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e56337e8-21f8-4bdd-92db-d607263972f9.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d4232493-285c-4e88-88a0-7110b8ac9624.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b3a9744-ad3b-4f16-9b9f-bbd45cb825f1.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c0cbe3d0-5cd5-4b9b-975f-2fd24ee81aa7.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/48f131b6-1169-46e3-a5c0-603d96f19cbd.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/911138da-9cf7-4e49-969a-36f6fe12ddb3.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8ed82dc0-439e-435f-b902-78fc77a43b9c.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4a72b191-755a-4083-89d7-8f94385fa27a.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/82b4951f-5435-40c5-9025-88978067df61.jpg) ![165 LEXINGTON Avenue #2B, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9b16e002-4bf4-4a7d-849f-6ea5626d0b4f.jpg) ## Property Overview Triple-Mint Studio Resale at The Lexi - First Studio Resale Opportunity Introducing the first studio resale at The Lexi at 165 Lexington Avenue, a triple-mint residence offering sophisticated design, luxurious finishes, and exceptional western light in the heart of Kips Bay. Bathed in natural sunlight through oversized double-pane windows, this thoughtfully designed 432-square-foot home seamlessly blends contemporary elegance with everyday functionality. Beautiful white oak flooring runs throughout, complemented by custom lighting, a spacious walk-in closet, and a discreet in-unit Miele washer and dryer. The intelligently planned layout allows for distinct living and sleeping areas while maintaining an open, airy feel. The designer kitchen is outfitted with custom Italian walnut cabinetry, quartzite stone countertops and backsplash, and a suite of fully integrated Miele appliances. The spa-inspired bathroom features radiant heated floors, refined fixtures, and timeless finishes that create a calming retreat from city life. Designed by Isaac Stern and DNArc P& Design Studios, 165 Lexington Avenue is a boutique luxury condominium offering an elevated lifestyle experience. Residents enjoy a state-of-the-art fitness center, resident lounge, co-working space, bicycle storage, pet spa, and a beautifully furnished rooftop terrace with grilling stations, landscaped seating areas, and sweeping views of the Manhattan skyline, including the iconic Empire State Building. Private storage is also available for purchase. Perfectly positioned in the northwest corner of Kips Bay, the building is moments from NoMad, Murray Hill, Koreatown, and Madison Square Park. Surrounded by some of Manhattan's best dining, shopping, and nightlife, with convenient access to the R, W, and 6 subway lines, this residence offers the ideal balance of neighborhood charm and city convenience. A rare opportunity to own the very first studio resale in one of Kips Bay's most sought-after boutique condominiums. Move right in and enjoy luxury living without compromise. ## Property Details - **Property Type**: Condominium - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 432 sqft - **Stories**: 11 - **Year Built**: 2021 - **Price per Sqft**: $1,840 - **Common Charges**: $486 / Monthly - **Listed On**: Jun 16, 2026 - **Days on Market**: 85 Days ### Residence Features - Central Air - Building Other - Washer Hookup - Building Roof Deck - Washer Dryer Allowed - City - Panoramic ## Sales Evidence ### Recent closed sales 50 apartments at The Lexi have recorded sales since September 2021, the most recent for $1,400,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3B (Apartment) | — | 693 | $1,400,000 | $2,020/ft² | May 12, 2026 | City record | | 11-A (Apartment) | 2 | 1,418 | $2,995,000 | $2,112/ft² | July 25, 2025 | City record · MLS | | PH-A (Apartment) | 2 | 1,418 | $2,995,000 | $2,112/ft² | July 25, 2025 | MLS | | 10-B (Apartment) | 2 | 1,303 | $2,190,000 | $1,681/ft² | June 25, 2025 | City record · MLS | | 6B (Apartment) | 1 | 706 | $1,300,000 | $1,841/ft² | December 18, 2024 | City record · MLS | | 1A (Apartment) | — | 1,435 | $2,420,000 | $1,686/ft² | December 17, 2024 | City record | | 9-B (Apartment) | 2 | 1,303 | $2,130,000 | $1,635/ft² | November 25, 2024 | City record · MLS | | PH-C (Apartment) | 1 | 765 | $1,495,000 | $1,954/ft² | November 11, 2024 | MLS | | 11C (Apartment) | — | 765 | $1,429,000 | $1,868/ft² | November 7, 2024 | City record | | PH-B (Apartment) | 2 | 1,404 | $2,995,000 | $2,133/ft² | October 16, 2024 | MLS | | 11B (Apartment) | — | 1,404 | $2,912,000 | $2,074/ft² | October 7, 2024 | City record | | 7-E (Apartment) | 1 | 765 | $1,250,000 | $1,634/ft² | July 22, 2024 | City record · MLS | | 7-D (Apartment) | 1 | 805 | $1,413,329 | $1,756/ft² | June 20, 2024 | City record · MLS | | 10C (Apartment) | 1 | 765 | $1,400,000 | $1,830/ft² | May 13, 2024 | City record | | 4-F (Apartment) | 1 | 765 | $1,162,842 | $1,520/ft² | March 28, 2024 | City record · MLS | | 5F (Apartment) | — | 765 | $1,150,000 | $1,503/ft² | February 29, 2024 | City record | | 4D (Apartment) | 1 | 730 | $1,165,000 | $1,596/ft² | February 21, 2024 | City record | | 6-E (Apartment) | 1 | 765 | $1,260,000 | $1,647/ft² | October 19, 2023 | City record · MLS | | 9A (Apartment) | — | 1,288 | $2,700,000 | $2,096/ft² | August 7, 2023 | City record | | 10-A (Apartment) | 2 | 1,288 | $2,525,000 | $1,960/ft² | June 2, 2023 | City record · MLS | | 3E (Apartment) | — | 805 | $1,360,000 | $1,689/ft² | May 12, 2023 | City record | | 4-E (Apartment) | 1 | 805 | $1,325,000 | $1,646/ft² | April 19, 2023 | City record · MLS | | 6-A (Apartment) | 1 | 696 | $1,415,000 | $2,033/ft² | April 18, 2023 | City record · MLS | | 11A (Apartment) | 2 | 1,413 | $3,500,000 | $2,477/ft² | April 17, 2023 | City record · MLS | | 8-D (Apartment) | 1 | 765 | $1,275,000 | $1,667/ft² | March 31, 2023 | City record · MLS | | 9C (Apartment) | — | 765 | $1,400,094 | $1,830/ft² | March 15, 2023 | City record | | 8B (Apartment) | — | 1,283 | $2,525,000 | $1,968/ft² | December 29, 2022 | City record | | 7B (Apartment) | 2 | 706 | $1,420,000 | $2,011/ft² | December 22, 2022 | City record | | 5A (Apartment) | — | 696 | $1,369,546 | $1,968/ft² | December 20, 2022 | City record | | 3A (Apartment) | 1 | 702 | $1,335,000 | $1,902/ft² | December 15, 2022 | City record | | 7A (Apartment) | — | 696 | $1,389,911 | $1,997/ft² | November 18, 2022 | City record | | 3B (Apartment) | — | 693 | $1,300,000 | $1,876/ft² | November 10, 2022 | City record | | 7-C (Apartment) | 2 | 1,194 | $2,200,000 | $1,843/ft² | October 14, 2022 | City record · MLS | | 3-F (Apartment) | 1 | 765 | $1,250,000 | $1,634/ft² | October 6, 2022 | City record · MLS | | 5B (Apartment) | — | 693 | $1,330,000 | $1,919/ft² | September 13, 2022 | City record | | 5E (Apartment) | 1 | 1,435 | $1,285,000 | $895/ft² | September 8, 2022 | City record | | 5-C (Apartment) | Studio | 459 | $875,000 | $1,906/ft² | September 1, 2022 | City record · MLS | | 4-C (Apartment) | Studio | 459 | $753,505 | $1,642/ft² | August 25, 2022 | City record · MLS | | 8-C (Apartment) | 1 | 805 | $1,495,000 | $1,857/ft² | August 23, 2022 | City record · MLS | | 8-A (Apartment) | 2 | 1,085 | $2,125,000 | $1,959/ft² | August 18, 2022 | City record · MLS | Showing the 40 most recent of 50 recorded sales in this period. Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable studio sales at The Lexi is $770,000, based on 4 sales between August 2022 and September 2022. This home is asking $795,000, $25,000 above that median. The middle half of those sales closed between $762,126 and $800,000. - **Median closed price**: $770,000 - **Middle half**: $762,126 – $800,000 - **Based on**: 4 studio sales at The Lexi - **Period**: August 2022 – September 2022 - **Median $/ft²**: $1,730/ft² ### How these sales were negotiated - **Listed → in contract**: 50 days (about 7 weeks) - **In contract → closed**: 174 days (about 25 weeks) Half of these homes were in contract within 50 days (about 7 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 174 days (about 25 weeks), based on the 4 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 4 studio sales at The Lexi, August 2022 – September 2022. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at The Lexi, 2022 to 2024. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2022 | $1,902/ft² | 20 | | 2023 | $1,830/ft² | 9 | | 2024 | $1,686/ft² | 11 | Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at The Lexi](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-lexi) ## Price and Property History for 165 LEXINGTON Avenue, Unit 2B Review the recorded listing activity for 165 LEXINGTON Avenue, Unit 2B, including asking-price changes and prior market dates. - **Last sold (recorded)**: $775,000 on August 12, 2022 | Date | Price | Listing event | | --- | --- | --- | | June 16, 2026 | $795,000 | Listed for sale by Douglas Elliman Real Estate | | August 12, 2022 | $775,000 | Sold — recorded sale price | | April 18, 2022 | $775,000 | Entered contract | | November 22, 2021 | $775,000 | Listed for sale by Nest Seekers International | ## Property Tax History Taxes at 165 LEXINGTON Avenue #2B were $10,568 in 2026, up 1.6% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $87,735 | $19,618 | $68,117 | $84,545 | $10,568 | 12.5% (estimated) | | 2025 (FY 2025/26) | $91,957 | $19,618 | $72,339 | $83,176 | $10,397 | 12.5% (estimated) | | 2024 (FY 2024/25) | $86,497 | $19,618 | $66,879 | $82,006 | $10,251 | 12.5% | | 2023 (FY 2023/24) | $80,886 | $19,618 | $61,268 | $78,549 | $9,820 | 12.502% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1008861306. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Lexi Kips Bay · Condominium 165 LEXINGTON Avenue, New York, NY 10016 A building in Kips Bay, currently featuring 3 active listings. - **Year Built**: 2021 - **Total Units**: 3 - **Floors**: 11 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-lexi) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [2B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/165-lexington-avenue-b-2B-ny-10016) | Studio | 1 | 432 sqft | $1,840 | $795,000 | Douglas Elliman Real Estate | Jun 16, 2026 | 84 days | | [10-C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/165-lexington-avenue-10c-ny-10016) | 1 | 1 | 765 sqft | $1,830 | $1,400,000 (-7.6%) — In contract | REAVIS DEVELOPMENT MARKETING LLC | Jun 23, 2023 | 1,173 days | | [4D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/165-lexington-avenue-4d-ny-10016) | 1 | 1 | 730 sqft | $1,767 | $1,290,000 | Compass | Aug 13, 2026 | 26 days | ## Estimated Monthly Payment **$4,506 / month**, assuming a 20% down payment ($159,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,020 - **Common Charges**: $486 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Kips Bay Medical Mile & Value [Explore Kips Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Kips Bay - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village) ## Related Links - [The Lexi — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-lexi) - [Kips Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.