--- title: "88 LEXINGTON Avenue #402, New York City, NY 10016" description: "88 LEXINGTON Avenue #402, New York City, NY 10016 — NoMad, New York City, NY. Listing Price $1,325,000. Price Reduced: Reduced $75,000 (5.4%) from $1,400,000. 1 bed, 1 bath, 800 sqft Illustrative Buyer Commission Share of $19,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/88-lexington-avenue-402-ny-10016" source: "Real Estate Rebate Team" dateModified: "2026-09-30T15:40:09.760Z" status: "Active" --- # 88 LEXINGTON Avenue #402, New York City, NY 10016 NoMad, New York City, NY **Sponsor Residence** Courtesy of Corcoran Group Last updated: September 30, 2026, 11:40 AM ## At a Glance - **Listing Price**: $1,325,000 - **Price Reduced**: Reduced $75,000 (5.4%) from $1,400,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 800 - **Common Charges**: $1,259 / mo - **Price per Sqft**: $1,656 - **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**: $1,325,000 - **Illustrative Buyer Commission Share**: -$19,875* - **Illustrative Net Cost**: $1,305,125 *Illustrative Buyer Savings of $19,875 — 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 (7) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 1 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9b20415d-ce3e-41fa-88aa-db1370ae1fea.jpg) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 2 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e52f5a36-8f21-489b-83c0-7d19955f4529.jpg) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 3 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/38cea812-b0b6-4d82-9477-9a2d967853d6.jpg) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 4 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e88eea1a-5e78-4231-9f91-f21ed9379874.jpg) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 5 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/539dabdd-0ee4-4532-a2d8-a19bc234d10d.jpg) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 6 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e31db83a-9f57-41c7-b348-ce2517d02d28.jpg) ![88 LEXINGTON Avenue #402, New York City, NY 10016 — photo 7 of 7](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fa89c43e-7a17-4b84-8aad-06958147b05b.jpg) ## Property Overview Residence 402 at 88 Lexington Avenue is a bright and beautifully renovated one bedroom showcasing sun-filled peaceful garden views and sophisticated contemporary design throughout. The thoughtfully redesigned kitchen features elegant natural quartzite countertops and a matching backsplash, paired with premium Miele appliances, including a cooktop, oven, and dishwasher. The spacious bathroom offers a spa-inspired experience with limestone finishes, Duravit fixtures, and an LED-lit medicine cabinet. The bedroom can accommodate a king size bed and features a spacious walk-in closet. Designed with both comfort and functionality in mind, the residence boasts wide-plank white oak flooring, and generous closets for exceptional storage. An in-unit Bosch washer and dryer further enhance the home's convenience, creating a seamless blend of luxury and everyday living. Located in the heart of NoMad, 88 & 90 Lexington Avenue is a full-service luxury condominium offering over 10,000 square feet of private amenities, including a furnished rooftop terrace with panoramic views of the Empire State and Chrysler Buildings, a state-of-the-art fitness center, sunlit 60-foot atrium pool, sauna and steam room, children's playroom, screening room, game room and lounge, and 24-hour concierge service. Perfectly positioned near Madison Square Park and some of the city's finest dining, shopping, and cultural destinations, Residence 402 embodies modern downtown living at its most sophisticated. Sponsor Sale. Photos have been virtually staged. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 800 sqft - **Stories**: 18 - **Year Built**: 1927 - **Price per Sqft**: $1,656 - **Common Charges**: $1,259 / Monthly - **Listed On**: Sep 16, 2026 - **Days on Market**: 23 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Building Roof Deck - Garden - Private Outdoor Space Under 60 Sqft ### Building Amenities - Sauna ## Estimated Monthly Payment **$7,959 / month**, assuming a 20% down payment ($265,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,700 - **Common Charges**: $1,259 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 32 apartments at 88 Lexington Avenue have recorded sales since October 2021, the most recent for $4,900,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1506 (Apartment) | 3 | 2,265 | $4,900,000 | $2,163/ft² | June 30, 2026 | MLS | | 906 (Apartment) | 3 | 2,319 | $4,560,000 | $1,966/ft² | June 11, 2026 | City record · MLS | | 905 (Apartment) | 4 | 2,606 | $5,150,000 | $1,976/ft² | March 9, 2026 | City record · MLS | | 404 (Apartment) | — | 1,073 | $1,430,000 | $1,333/ft² | February 19, 2026 | City record | | 1404 (Apartment) | Studio | 529 | $900,000 | $1,701/ft² | October 27, 2025 | City record · MLS | | 504 (Apartment) | 1 | 1,073 | $1,750,000 | $1,631/ft² | September 18, 2025 | City record · MLS | | 1606 (Apartment) | 3 | 1,954 | $4,200,000 | $2,149/ft² | February 11, 2025 | City record · MLS | | 2A (Apartment) | 1 | 770 | $946,314 | $1,229/ft² | December 16, 2024 | City record · MLS | | 1103 (Apartment) | 1 | 1,099 | $1,950,000 | $1,774/ft² | December 6, 2024 | City record · MLS | | 1601 (Apartment) | — | 2,341 | $295,293 | $126/ft² | November 20, 2024 | City record | | 1602 (Apartment) | 2 | 1,428 | $2,150,000 | $1,506/ft² | July 9, 2024 | City record · MLS | | 1801 (Apartment) | 3 | 2,011 | $3,225,000 | $1,604/ft² | April 16, 2024 | City record · MLS | | 502 (Apartment) | Studio | 800 | $1,050,000 | $1,313/ft² | April 10, 2024 | City record · MLS | | 501 (Apartment) | 2 | 1,557 | $2,345,000 | $1,506/ft² | February 15, 2024 | City record · MLS | | 1007 (Apartment) | 2 | 1,556 | $2,500,000 | $1,607/ft² | December 6, 2023 | City record · MLS | | 506 (Apartment) | 2 | 1,624 | $2,595,000 | $1,598/ft² | October 31, 2023 | City record · MLS | | 601 (Apartment) | 2 | 1,557 | $2,425,000 | $1,557/ft² | October 23, 2023 | City record · MLS | | 206 (Apartment) | 1 | 1,417 | $1,650,000 | $1,164/ft² | August 14, 2023 | City record · MLS | | 1106 (Apartment) | 2 | 1,613 | $2,550,000 | $1,581/ft² | June 28, 2023 | City record · MLS | | 301 (Apartment) | 3 | 1,932 | $3,100,000 | $1,605/ft² | May 10, 2023 | City record · MLS | | 805 (Apartment) | 4 | 2,606 | $4,800,000 | $1,842/ft² | April 27, 2023 | City record · MLS | | 1701 (Apartment) | 2 | 1,113 | $1,825,000 | $1,640/ft² | April 20, 2023 | City record · MLS | | 202 (Apartment) | Studio | 681 | $900,000 | $1,322/ft² | December 13, 2022 | City record · MLS | | 302 (Apartment) | — | 1,873 | $3,135,000 | $1,674/ft² | July 20, 2022 | City record | | 705 (Apartment) | 4 | 2,606 | $4,850,000 | $1,861/ft² | July 1, 2022 | City record · MLS | | 1406 (Apartment) | 3 | 2,244 | $4,333,371 | $1,931/ft² | March 18, 2022 | City record · MLS | | 1704 (Apartment) | Studio | 573 | $984,500 | $1,718/ft² | February 24, 2022 | City record · MLS | | 1501 (Apartment) | 1 | 1,029 | $2,084,850 | $2,026/ft² | February 16, 2022 | City record · MLS | | 1601 (Apartment) | 4 | 2,341 | $5,200,000 | $2,221/ft² | February 8, 2022 | City record · MLS | | TH3 (Apartment) | 4 | 2,707 | $3,500,000 | $1,293/ft² | November 10, 2021 | City record · MLS | | 607 (Apartment) | 2 | 1,663 | $2,750,000 | $1,654/ft² | October 29, 2021 | City record · MLS | | 407 (Apartment) | 2 | 1,663 | $2,900,000 | $1,744/ft² | October 20, 2021 | 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**: $1,325,000 - **Median sold price**: $1,750,000 - **Difference**: -$425,000 (-24.3%) - **This home, $/ft²**: $1,656 - **Median $/ft²**: $1,631 - **Comparable sales**: 5 - **Sales from**: February 2022 – September 2025 - **Middle half of those sales**: $1,650,000 – $1,950,000 Based on one-bedroom sales at 88 Lexington Avenue. ### How these sales were negotiated - **Sale-to-list price**: 89.2% (5 sales) - **Sold below asking**: 100% (5 sales) - **Typical time to find a buyer**: 116 days (4 sales) - **Typical time to close**: 58 days (4 sales) Based on one-bedroom sales at 88 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 price per square foot, sales at 88 Lexington Avenue | Year | Median $/ft² | Sales | | --- | --- | --- | | 2016 | $2,091/ft² | 3 (thin) | | 2017 | $1,892/ft² | 17 | | 2018 | $1,805/ft² | 4 (thin) | | 2019 | $1,769/ft² | 5 | | 2021 | $1,744/ft² | 11 | | 2022 | $1,861/ft² | 7 | | 2023 | $1,601/ft² | 8 | | 2024 | $1,506/ft² | 6 | | 2025 | $1,701/ft² | 3 (thin) | | 2026 YTD | $1,966/ft² | 3 (thin) | Based on recorded sales at 88 Lexington Avenue. 2026 is year-to-date. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through June 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 88 Lexington Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/88-lexington-avenue) ## Price and Property History for 88 LEXINGTON Avenue, Unit 402 Review the recorded listing activity for 88 LEXINGTON Avenue, Unit 402, including asking-price changes and prior market dates. - **Originally listed**: June 14, 2026 at $1,400,000 | Date | Price | Listing event | | --- | --- | --- | | August 12, 2026 | $1,400,000 | Listing removed from the market | | August 12, 2026 | $1,325,000 | Returned to the market | | June 14, 2026 | $1,400,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 88 LEXINGTON Avenue #402 were $18,863 in 2026, up 2.5% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $163,378 | $17,489 | $145,889 | $150,904 | $18,863 | 12.5% (estimated) | | 2025 (FY 2025/26) | $158,176 | $17,489 | $140,687 | $147,248 | $18,406 | 12.5% (estimated) | | 2024 (FY 2024/25) | $148,780 | $17,489 | $131,291 | $147,197 | $18,400 | 12.5% | | 2023 (FY 2023/24) | $155,567 | $17,489 | $138,078 | $149,446 | $18,684 | 12.502% | | 2022 (FY 2022/23) | $154,057 | $17,489 | $136,568 | $152,198 | $18,670 | 12.267% | | 2021 (FY 2021/22) | $150,567 | $17,489 | $133,078 | $150,567 | $18,422 | 12.235% | | 2020 (FY 2020/21) | $166,768 | $17,489 | $149,279 | $149,045 | $18,283 | 12.267% | | 2019 (FY 2019/20) | $163,020 | $17,489 | $145,531 | $144,677 | $18,046 | 12.473% | | 2018 (FY 2018/19) | $157,325 | $17,490 | $139,835 | $134,232 | $16,929 | 12.612% | | 2017 (FY 2017/18) | $148,926 | $17,489 | $131,437 | $125,230 | $15,928 | 12.719% | 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 1008821213. 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 ### 88 Lexington Avenue NoMad · Condominium 88 Lexington Avenue, New York, NY 10010 A building in NoMad, currently featuring 2 active listings. - **Year Built**: 1927 - **Active Units**: 2 - **Floors**: 18 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/88-lexington-avenue) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [402](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/88-lexington-avenue-402-ny-10016) | 1 | 1 | 800 sqft | $1,656 | $1,325,000 | Corcoran Group | Sep 16, 2026 | 23 days | | [505](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/88-lexington-avenue-505-ny-10016) | 3 | 3 | 2,137 sqft | $1,989 | $4,250,000 | Ostrov Realty Group Limited | Sep 28, 2026 | 11 days | ## NoMad Overview of NoMad [Explore NoMad](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby NoMad - [Gramercy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/gramercy) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Greenwich Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/greenwich-village) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town) ## Related Links - [88 Lexington Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/88-lexington-avenue) - [NoMad neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nomad) - [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.