---
title: "288 Lexington Avenue #5G, New York City, NY 10016"
description: "288 Lexington Avenue #5G, New York City, NY 10016 — Murray Hill, New York City, NY. Listing Price $475,000. Price Reduced: Reduced $24,000 (4.8%) from $499,000 on October 4, 2026. 1 bed, 1 bath, 550 sqft Illustrative Buyer Commission Share of $7,125 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-5g-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-10-06T13:25:51.962Z"
status: "Active"
---

# 288 Lexington Avenue #5G, New York City, NY 10016

Murray Hill, New York City, NY

Courtesy of Compass

Last updated: October 6, 2026, 9:25 AM

## At a Glance

- **Listing Price**: $475,000
- **Price Reduced**: Reduced $24,000 (4.8%) from $499,000 on October 4, 2026
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 550
- **Common Charges**: $1,127 / mo
- **Price per Sqft**: $864
- **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**: $475,000
- **Illustrative Buyer Commission Share**: -$7,125*
- **Illustrative Net Cost**: $467,875

*Illustrative Buyer Savings of $7,125 — 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 (9)

![288 Lexington Avenue #5G, New York City, NY 10016 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/809d3798-cd06-4920-ae50-cf609d4a6fe0.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/679c1d81-d2e7-40ac-8205-1b2f06be38cb.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92e9902f-cee0-4dab-887c-aa398c5bd794.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5501f93-0f32-400d-92a4-dcd0b75ece5c.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/739733b6-5086-4546-a5be-7be9c41c07b6.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b9b86a69-df5e-479c-973b-567bc5306d4c.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/92f03ea6-ea67-4d49-8bce-18767b462d6c.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6633d0c9-8be3-46b0-b2ef-8ff4901ff737.jpg)
![288 Lexington Avenue #5G, New York City, NY 10016 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/67b35569-08ea-4818-9e10-757fc450d8a4.jpg)

## Property Overview

Light, Views & Smartly Designed Living!

Welcome to Apt. 5G at 288 Lexington Avenue, a bright and beautifully designed alcove studio smartly transformed into a junior one bedroom. A wall of west facing windows fills the apartment with natural light and overlooks lush greenery, with a picture perfect view of the Empire State Building.

The thoughtfully designed layout offers a generous living area, a bedroom that comfortably accommodates a queen size bed, and three closets providing excellent storage. The airy feel and smart use of space create a home that is both comfortable and functional.

Ideally located in Murray Hill, this is a wonderful opportunity to enjoy a bright, spacious home with beautiful views and a smart, flexible layout.

288 Lexington Avenue is a well maintained cooperative with a flexible sublet policy. Built in 1955, the 13 story, 99 unit building features a beautifully renovated lobby, two elevators, part-time doorman, live-in resident manager, porter, package room, and laundry room. Located between East 36th and 37th Streets, the building is near Grand Central 4/5/6/S/7 subway lines, restaurants, cafés, and shopping including Trader Joe's and Fairway. Bryant Park, Madison Square Park and NYU Hospital are close by too. The building is pet friendly.

## Property Details

- **Property Type**: Co-op
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 550 sqft
- **Stories**: 13
- **Year Built**: 1955
- **Price per Sqft**: $864
- **Common Charges**: $1,127 / Monthly
- **Listed On**: Aug 10, 2026
- **Days on Market**: 61 Days

### Residence Features

- Building Washer Dryer Install Allowed
- Common On Floor
- Common Area
- Entrance Foyer
- Hardwood
- City

## Estimated Monthly Payment

**$3,529 / month**, assuming a 20% down payment ($95,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $2,402
- **Common Charges**: $1,127

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

15 apartments at 288 LEXINGTON Avenue have recorded sales since October 2021, the most recent for $391,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-d-8D-ny-10016) (Apartment) | Studio | — | $391,000 | — | September 24, 2026 | MLS |
| 3B (Apartment) | 1 | 650 | $520,000 | $800/ft² | June 30, 2026 | MLS |
| 11B (Apartment) | — | — | $565,000 | — | November 24, 2025 | City record |
| 12B (Apartment) | 1 | — | $575,000 | — | June 18, 2025 | City record · MLS |
| 5C (Apartment) | Studio | — | $375,000 | — | March 7, 2025 | City record · MLS |
| 10FG (Apartment) | 2 | — | $1,100,000 | — | October 2, 2024 | City record · MLS |
| 5B (Apartment) | 1 | — | $520,000 | — | April 17, 2024 | City record · MLS |
| 7E (Apartment) | 1 | 750 | $670,000 | $893/ft² | February 27, 2023 | City record · MLS |
| 6DE (Apartment) | 3 | — | $1,150,000 | — | February 8, 2023 | City record · MLS |
| 11D (Apartment) | — | — | $380,000 | — | November 10, 2022 | City record |
| 7D (Apartment) | Studio | — | $399,000 | — | November 1, 2022 | City record · MLS |
| 3F (Apartment) | Studio | 500 | $421,000 | $842/ft² | October 5, 2022 | City record · MLS |
| 6C (Apartment) | Studio | — | $400,000 | — | September 22, 2022 | City record · MLS |
| 4E (Apartment) | 1 | 750 | $583,000 | $777/ft² | July 6, 2022 | City record · MLS |
| 5G (Apartment) | 1 | 550 | $475,000 | $864/ft² | January 21, 2022 | City record · MLS |

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

- **This home**: $475,000
- **Median sold price**: $575,000
- **Difference**: -$100,000 (-17.4%)
- **This home, $/ft²**: $864
- **Median $/ft²**: $864
- **Comparable sales**: 5
- **Sales from**: January 2022 – June 2025
- **Middle half of those sales**: $520,000 – $583,000

Based on one-bedroom sales at 288 LEXINGTON Avenue.

### How these sales were negotiated

- **Sale-to-list price**: 97.2% (4 sales)
- **Sold below asking**: 75% (4 sales)
- **Typical time to find a buyer**: 34 days (4 sales)
- **Typical time to close**: 102 days (4 sales)

Based on one-bedroom sales at 288 LEXINGTON Avenue with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median sale price, co-op one-bedroom sales in Murray Hill

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $680,000 | 15 |
| 2017 | $697,500 | 74 |
| 2018 | $668,944 | 62 |
| 2019 | $660,000 | 55 |
| 2020 | $600,000 | 27 |
| 2021 | $586,250 | 84 |
| 2022 | $585,000 | 90 |
| 2023 | $640,000 | 75 |
| 2024 | $635,000 | 65 |
| 2025 | $599,500 | 64 |
| 2026 YTD | $667,500 | 38 |

Based on recorded co-op one-bedroom sales in Murray Hill. 2026 is year-to-date.

Sales data through September 2026.

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 288 LEXINGTON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/288-lexington-avenue)

## Price and Property History for 288 Lexington Avenue, Unit 5G

Review the recorded listing activity for 288 Lexington Avenue, Unit 5G, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $24,000, or 4.8%, on October 4, 2026
- **Originally listed**: July 31, 2026 at $525,000
- **Current asking price**: $475,000
- **Last sold (recorded)**: $475,000 on January 21, 2022

| Date | Price | Listing event |
| --- | --- | --- |
| October 4, 2026 | $475,000 | Asking price reduced by $24,000, or 4.8% |
| September 14, 2026 | $499,000 | Asking price reduced by $26,000, or 5% |
| July 31, 2026 | $525,000 | Listed for sale by Compass |
| January 21, 2022 | $475,000 | Sold — recorded sale price |
| November 12, 2021 | $485,000 | Entered contract |
| October 14, 2021 | $485,000 | Asking price increased by $30,000, or 6.6% |
| October 4, 2021 | $485,000 | Listed for sale by Hauseit LLC |

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 93 apartments. The corporation’s 2026 property tax bill was $1,016,874 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for 288 LEXINGTON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/288-lexington-avenue)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 288 LEXINGTON Avenue

Murray Hill · Stock Cooperative

288 LEXINGTON Avenue, New York, NY 10016

A building in Murray Hill, currently featuring 4 active listings.

- **Year Built**: 1955
- **Active Units**: 4
- **Floors**: 13

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/288-lexington-avenue)

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-5g-ny-10016) | 1 | 1 | 550 sqft | $864 | $475,000 (-4.8%) | Compass | Aug 10, 2026 | 61 days |
| [4E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-e-4E-ny-10016) | 1 | 1 | — | — | $559,000 (-3.5%) | Platinum Forbes Global Properties | Feb 26, 2026 | 226 days |
| [3D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-3d-ny-10016) | Studio | 1 | — | — | $375,000 | Platinum Forbes Global Properties | Aug 6, 2026 | 65 days |
| [4D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-4d-ny-10016) | Studio | 1 | — | — | $410,000 | Douglas Elliman Real Estate | Sep 10, 2026 | 30 days |
| [6C](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/288-lexington-avenue-c-6C-ny-10016) | Studio | 1 | — | — | $425,000 (-5.3%) — In contract | Platinum Forbes Global Properties | Jan 27, 2026 | 256 days |
| [1E](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10016/288-lexington-avenue-e-1E-ny-10016) | 1 | 1 | — | — | $499,000 — In contract | Douglas Elliman Real Estate | Apr 14, 2026 | 179 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [8D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/288-lexington-avenue-d-8D-ny-10016) | Studio | 1 | — | — | $391,000 | Compass | Apr 8, 2026 | Sep 24, 2026 |

## Murray Hill

Overview of Murray Hill

[Explore Murray Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Murray Hill

- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)

## Related Links

- [288 LEXINGTON Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/288-lexington-avenue)
- [Murray Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [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.