---
title: "88 LEXINGTON Avenue #505, New York City, NY 10016"
description: "88 LEXINGTON Avenue #505, New York City, NY 10016 — NoMad, New York City, NY. Listing Price $4,250,000. 3 bed, 3 bath, 2,137 sqft Illustrative Buyer Commission Share of $63,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10016/88-lexington-avenue-505-ny-10016"
source: "Real Estate Rebate Team"
dateModified: "2026-09-28T19:46:22.479Z"
status: "Active"
---

# 88 LEXINGTON Avenue #505, New York City, NY 10016

NoMad, New York City, NY

Courtesy of Ostrov Realty Group Limited

Last updated: September 28, 2026, 3:46 PM

## At a Glance

- **Listing Price**: $4,250,000
- **Beds**: 3
- **Total Baths**: 3
- **Sqft**: 2,137
- **Common Charges**: $3,150 / mo
- **Price per Sqft**: $1,989
- **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**: $4,250,000
- **Illustrative Buyer Commission Share**: -$63,750*
- **Illustrative Net Cost**: $4,186,250

*Illustrative Buyer Savings of $63,750 — 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)

![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1523a288-0de6-4027-8918-b14825820209.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/13aab1d0-6fc8-43ee-8c1c-7cb39ecac44b.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/218ec389-f430-4c64-9c96-1b4f60aad6ca.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6d95490-c57f-4f59-849f-36d8242183e0.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ca11f0c-4f70-4221-8e75-3e06aa9dfcc9.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/000ac0cd-a0cc-44cc-9893-8d29e4153455.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/653dfaca-5177-467a-aaaf-e3f9b1ed1894.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4cedde21-de1d-4289-9256-81547c74857d.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2f0a7ff2-fec2-469d-9e0a-9ef4be4fc868.jpg)
![88 LEXINGTON Avenue #505, New York City, NY 10016 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ea93a88f-26cb-40a4-b305-744708341a77.jpg)

## Property Overview

This exquisite three-bedroom, two-and-a-half bathroom home has open Eastern and Southern views and is located in the newly converted 88 Lexington Avenue Condominium. This corner apartment combines an ingenious layout with luxurious finishes. The apartment features dramatic 10'2 ceilings, oversized windows, fumed grey oak floors, solid wood doors, and plenty of storage space. A spacious living room has a double exposure and boasts quintessential New York City views. The open layout kitchen is equipped with custom cabinetry made from European oak, a polished glassos slab countertop, an antique grey marble slab backsplash, a Sub-Zero refrigerator, freezer, wine cooler with dual zones, Dornbracht fixtures, and a Bertazzoni double-oven and cooktop. The master bedroom suite features a five-fixture master bathroom with French limestone flooring and wall tiles, travertine slab backsplash, radiant heated floors by NuHeat, and a WetStyle Cube Collection deep soaking tub, as well as an abundance of closet space including the walk-in, which has been custom crafted and hand built out. Located just off Park Avenue South and Madison Square Park, this luxury full-service condominium features 5-star amenities, including a state-of-the-art gym, swimming pool, playroom, media room, and a beautiful roof terrace.

## Property Details

- **Property Type**: Loft
- **Beds**: 3
- **Total Baths**: 3
- **Rooms**: 7
- **Sqft**: 2,137 sqft
- **Stories**: 18
- **Year Built**: 1927
- **Price per Sqft**: $1,989
- **Common Charges**: $3,150 / Monthly
- **Listed On**: Sep 28, 2026
- **Days on Market**: 1 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Building Roof Deck
- High Ceilings
- Dishwasher
- City

### Building Amenities

- Sauna

## Estimated Monthly Payment

**$24,640 / month**, assuming a 20% down payment ($850,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $21,490
- **Common Charges**: $3,150

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

## Sales and market data

### Recent sales

36 apartments at 88 Lexington Avenue have recorded sales since September 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 |
| 1202 (Apartment) | 2 | 1,873 | $3,037,500 | $1,622/ft² | September 29, 2021 | City record · MLS |
| 805 (Apartment) | 4 | 2,606 | $5,103,750 | $1,958/ft² | September 28, 2021 | City record · MLS |
| 805 (Apartment) | 4 | 2,606 | $5,103,750 | $1,958/ft² | September 28, 2021 | City record · MLS |
| PH2 (Apartment) | 4 | 3,003 | $7,000,000 | $2,331/ft² | September 28, 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**: $4,250,000
- **Median sold price**: $4,200,000
- **Difference**: +$50,000 (+1.2%)
- **This home, $/ft²**: $1,989
- **Median $/ft²**: $1,931
- **Comparable sales**: 5
- **Sales from**: March 2022 – June 2026
- **Middle half of those sales**: $3,225,000 – $4,333,371

Based on three-bedroom sales at 88 Lexington Avenue.

### How these sales were negotiated

- **Sale-to-list price**: 82.8% (4 sales)
- **Sold below asking**: 100% (4 sales)
- **Typical time to find a buyer**: 231 days (4 sales)
- **Typical time to close**: 31 days (4 sales)

Based on three-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 505

Review the recorded listing activity for 88 LEXINGTON Avenue, Unit 505, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $4,206,711 on August 11, 2016

| Date | Price | Listing event |
| --- | --- | --- |
| September 28, 2026 | $4,250,000 | Listed for sale by Ostrov Realty Group Limited |
| August 11, 2016 | $4,206,711 | Sold — recorded sale price |
| July 6, 2016 | $4,350,000 | Listed for sale by The Corcoran Group |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 1 days |
| [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 | 13 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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)
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- [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.