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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. 10021
  6. 1049 LEXINGTON Avenue
Property thumbnail
1 / 21
•Lenox Hill

1049 LEXINGTON Avenue, New York City, NY 10021

Listing Courtesy of Corcoran Group

$4,500,000

Potential Rebate: $67,500

2 Beds
3 Baths
9 Rooms
3,436 sqft
Built 1910
4 Stories
1,310/ft²
Listed on Oct 16, 2025
72 days on market
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Overview

A timeless Upper East Side building and location, 1049 Lexington Avenue presents a rare investment opportunity in one of Manhattan's most coveted retail and residential corridors. Originally built in 1910, this elegant four-story building masterfully blends prewar character with modern updates.<br> <br> The property is currently configured with a luxury retail brand occupying the ground and second floors, and two beautifully renovated free-market residential apartments above.&nbsp;<br> The retail space-home to a distinguished stationery boutique-features a gracious storefront with custom built-ins, a stylish back office, and a renovated powder room. The second floor, presently used as an office and meeting space, includes two renovated powder rooms, while the cellar provides ample storage.<br> <br> A separate street entrance leads to the upper two full-floor residences, each approximately 900 square feet. Both apartments have been thoughtfully renovated with modern kitchens and baths and share access to a private roof terrace-an inviting retreat above the city. The third-floor apartment features an in-unit washer/dryer, while the fourth-floor residence is enhanced by multiple skylights that flood the home with natural light.<br> <br> Perfectly positioned along Lexington Avenue near 75th Street, this impeccably maintained mixed-use property offers prime visibility, enduring architectural charm, and flexible potential-an exceptional opportunity for investors and end users alike in the heart of the Upper East Side.

Home Features

  • •Window Unit(s)
  • •In Unit
  • •Private Outdoor Space Over 60 Sqft
  • •Smoke Free

Estimated Monthly Payment

$30,671 per month

30 year fixed, 6.28% Interest

Principal and Interest
$22,236
Property Taxes
$8,435
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$67,500

Monthly savings impact

$188/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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Listing Courtesy of Brown Harris Stevens Residential Sales LLC

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Listing Courtesy of Berkshire Hathaway HomeServices New York Properties

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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 Corcoran Group

Data Source: TRESTLE #RLS20054945

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Price Analysis

Compare average listing prices and value metrics for 1049 Lexington Avenue against the surrounding Lenox Hill market.

Based on 1 active units in building vs 156 in area

Average List Price

Building$4.5M
Neighborhood$5.0M

Price Per SqFt

Building Avg$1,310/ft²
Neighborhood Avg$1,702/ft²
Value Opportunity

23.06% Lower

than the Lenox Hill 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.

Lenox Hill

Overview of Lenox Hill

Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability.

Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established.

Real Estate & Housing Market

The market for homes for sale in Lenox Hill includes white-glove co-ops.

Lifestyle & Community

The lifestyle in Lenox Hill is refined.

Transportation & Accessibility

Lenox Hill is served by the 6 and Q trains.

Parks, Schools & Amenities

Central Park is the western border.

Amenities: Luxury shopping on Madison Ave.

Who This Neighborhood Is Best For

Lenox Hill is best for doctors and established families.

Lenox Hill GuideAll Neighborhoods
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