79th & Lexington Avenue

150 East 79th Street, New York, NY 10075

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 71,520 SF
  • Date Updated Apr 15, 2025

Avison Young, as exclusive agent, is pleased to offer for sale an assemblage of six lots (“the Site”) totaling 7,152 SF, located at the southeast corner of East 79th Street and Lexington Avenue in Manhattan’s Upper East Side. The Site has a total of 71,520 BSF as-of-right and 85,824 BSF with the Universal Affordability Preference (UAP) bonus. It offers approximately 70 feet of frontage on East 79th Street and 102.16 feet along Lexington Avenue. The previous developer assembled the site for $89 million. There is a long-term contract to purchase 1133 Lexington Avenue for $13,000,000 plus 50% of the transfer tax, with closing anticipated on or about June 10, 2026.

Currently, the six lots are improved with a mix of commercial and mixed-use properties totaling 19,514 SF. Development opportunities in prime locations like this are rare, with condo sellouts in the area exceeding $4,000/SF. This is a unique opportunity to control a highly sought-after corner development site in Manhattan’s prestigious Upper East Side.

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Highlights

  • Corner assemblage prime for development in the exclusive Upper East Side neighborhood
  • 172.16 feet of wraparound frontage on Lexington Avenue and East 79th Street
  • Scale of potential development
  • Ability to obtain UAP bonus, resulting in an additional 14,304 BSF
  • 5 of the 6 parcels are owned by W Financial and completely vacant
  • BK Lexington Associates LLC is under contract to purchase the 6th parcel, which must be delivered vacant

Contacts

broker
James Nelson

Avison Young

broker
Erik Edeen

Avison Young - US - NY - New York

broker
Charles Kingsley

Avison Young - US - NY - New York

broker
Eric Karmitz

Avison Young - US - NY - New York

broker
Alexandra Marolda

Avison Young - US - NY - New York

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    84/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Yorkville
  • Zip Code 10075
  • Market Manhattan

Points of Interest

  • East 77th Street & Lexington Avenue at Northeast Corner

    0.19 miles

  • 77th Street

    0.20 miles

  • East 77th Street & Lexington Avenue at Southeast Corner

    0.20 miles

  • East 77th Street & Lexington Avenue at Northwest Corner

    0.20 miles

  • 83rd Street & 2nd Avenue at Northeast Corner

    0.21 miles

  • East 77th Street & Lexington Avenue at Southwest Corner

    0.21 miles

  • East 86th Street & Lexington Avenue at Southeast Corner

    0.31 miles

  • East 86th Street & Lexington Avenue at Southwest Corner

    0.31 miles

  • 86th Street & 2nd Avenue at Southeast Corner

    0.32 miles

  • East 86th Street & Lexington Avenue at Northeast Corner

    0.32 miles

  • ChargePoint

    0.17 miles

  • plugNYC

    0.65 miles

  • Shell

    0.82 miles

  • FLO

    1.28 miles

  • Mobil

    1.31 miles

  • Tesla Supercharger

    1.32 miles

  • Citgo

    1.45 miles

  • BP

    1.47 miles

  • Atlantic

    1.55 miles

  • Sunoco

    1.70 miles

  • Surrey Garage

    0.38 miles

  • iClean

    0.38 miles

  • Quik Park

    0.39 miles

  • Metropolitan Museum

    0.43 miles

  • Knickerbocker Plaza Car Park

    0.59 miles

  • Loeb Boathouse Parking Lot

    0.61 miles

  • Astor Terrace Parking Garage

    0.68 miles

  • Motorgate Public Parking Garage

    0.87 miles

  • Mount Sinai

    0.96 miles

  • MPG

    0.99 miles

  • The Carlyle

    0.33 miles

  • The Franklin

    0.35 miles

  • The Mark

    0.36 miles

  • The Surrey

    0.40 miles

  • Ronald McDonald House New York

    0.47 miles

  • Courtyard

    0.65 miles

  • The Gardens Sonesta ES Suites

    0.81 miles

  • Plaza Athénée

    0.84 miles

  • Lowell Hotel

    0.93 miles

  • The Palladin

    0.94 miles

  • Eli's Table

    0.01 miles

  • Amber

    0.03 miles

  • parma Nuova

    0.03 miles

  • Pig Heaven

    0.03 miles

  • Flex Mussels

    0.04 miles

  • Emmy Squared–Upper East Side

    0.05 miles

  • Due

    0.05 miles

  • Antonucci Cafe

    0.05 miles

  • Eli's Night Shift

    0.06 miles

  • Al Vaporetto

    0.06 miles

  • Birch Wathen Lenox School

    0.18 miles

  • Allen-Stevenson School

    0.18 miles

  • Public School 290

    0.19 miles

  • Public School 190

    0.20 miles

  • Ramaz School

    0.28 miles

  • Ramaz Upper School

    0.28 miles

  • Public School 37

    0.30 miles

  • Saint Stephen of Hungary School

    0.32 miles

  • Buckley School

    0.34 miles

  • Regis High School

    0.35 miles

  • Manhattan Schoolhouse

    0.13 miles

  • Arc En Ciel

    0.63 miles

  • Playhouse Prep

    0.84 miles

  • Preschool of America

    0.85 miles

  • Sunshine Learning Center

    1.08 miles

  • Columbus Pre-School

    1.21 miles

  • Friends & Family Daycare

    1.27 miles

  • New York Kids Club

    1.35 miles

  • All My Children Daycare

    1.39 miles

  • Bright Horizons

    1.40 miles

Frequently Asked Questions

How much does 79th & Lexington Avenue cost?

The sale price for 79th & Lexington Avenue is available upon request. Contact the listing broker for more information.

What is the total square footage of 79th & Lexington Avenue?

79th & Lexington Avenue totals 71,520 square feet.

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