347 Lexington Avenue Midtown East Townhouse For Sale

4 Bathrooms
$10,000,000

Exceptional opportunity to build in mid-town Manhattan, two blocks south of Grand Central in Murray Hill. 347 Lexington Avenue is being sold in combination with 345 Lexington Avenue as part of an assemblage for a developer to build 54,210 square feet of residential, office, hotel or retail space. The zoning for both buildings is very favorable C5-3, MiD. The new development would have a 40 foot frontage in a prime Lexington Avenue location, between East 39th and 40th Streets. 347 Lexington Avenue lot measures 18.5 by 87 feet. The residential FAR is 10 and commercial and community facility FAR is 15. The property is not landmarked and will be delivered vacant. 347 Lexington is currently a 2 family building with store and baking facilities on the ground floor, a salon on the second floor, and two residential studio apartments on the third floor.

Ownership Type: Mixed Use

Listing courtesy of Sotheby\'s International Realty, Inc.

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The Building

Building Type: Townhouse
Doorman: No

The Neighborhood

347 Lexington Avenue

Neighborhood resources are provided by Google.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. IDX information is provided exclusively for consumers’ personal, non- commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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