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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10016
  6. 88 LEXINGTON Avenue #1506
Property thumbnail
1 / 16
Condominium•NoMad

88 LEXINGTON Avenue #1506, New York City, NY 10016

Listing Courtesy of Douglas Elliman Real Estate

$5,500,000

Potential Rebate: $82,500

Condominium
3 Beds
4 Baths
7 Rooms
2,265 sqft
Built 1927
17 Stories
2,428/ft²
Listed on Nov 10, 2025
47 days on market
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Overview

<p>&nbsp;</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>&nbsp;</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

$30,970 per month

30 year fixed, 6.28% Interest

Principal and Interest
$27,177
Property Taxes
$0
Maintenance/Common Charges
$3,793

Estimated Rebate for this Home

One-time rebate at closing

$82,500

Monthly savings impact

$229/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Listings

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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Douglas Elliman Real Estate

Data Source: TRESTLE #RLS20059188

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 88 & 90 Lexington against the surrounding NoMad market.

Based on 3 active units in building vs 53 in area

Average List Price

Building$4.9M
Neighborhood$4.9M

Price Per SqFt

Building Avg$2,206/ft²
Neighborhood Avg$2,263/ft²
Value Opportunity

2.50% Lower

than the NoMad price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

NoMad

Overview of NoMad

NoMad (North of Madison Square) is trendy. For buyers seeking NoMad Manhattan real estate, it is luxury central.

Living in NoMad is stylish. As a Manhattan NYC neighborhood, it is hot.

Real Estate

Homes for sale in NoMad are often high-design condos.

Lifestyle

The lifestyle is hotel-chic.

Transportation

Central to N/R/W and 6 trains.

Amenities

Madison Square Park nearby.

Best For

Trendsetters.

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