88 LEXINGTON Avenue #1506, New York City, NY 10016
Listing Courtesy of Douglas Elliman Real Estate
$5,250,000
Potential Rebate: $78,750
Overview
<p> </p> <p>Residence 1506 at 88 Lexington Ave offers the rare combination of indoor-outdoor living, full-service luxury, and central location from Madison Square Park.</p> <p>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.</p> <p>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.</p> <p>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.</p> <p>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.</p> <p>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.</p> <p> </p>
Home Features
- •Central Air
- •Washer Hookup
- •In Unit
- •Building Roof Deck
- •Private Outdoor Space Over 60 Sqft
- •Washer Dryer Allowed
- •City
- •Panoramic
Building Amenities
- •Sauna
Estimated Monthly Payment
$29,735 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$78,750
Monthly savings impact
$219/mo
Effective Purchase Price
$5,171,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20059188
RLS at REBNY
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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.
The Real Estate Rebate Team
Listing Courtesy of Douglas Elliman Real Estate
Data Source: TRESTLE #RLS20059188
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 88 & 90 Lexington against the surrounding NoMad market.
Average List Price
Price Per SqFt
2.16% Higher
than the NoMad price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within NoMad.
