126 Lexington Ave# 0, New York, NY 10016

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Zestimate: $5,395,796

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Rent Zestimate: $18,392/mo

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Description
This well-priced townhouse is comprised of 6 one-bedroom apartments and 2 commercial spaces. Four of the six apartments are free market with leases expiring in May 2014. The remaining two apartments are rent stabilized. There is currently a doggy day care on the second floor commercial space, which is up for renewal and rent escalation in December. The first floor is equipped for a restaurant with a very good condition electric kitchen in place. There is a fantastic back garden that is 40' x 20'. The apartments are in very good condition, but may require some updating. This building has a great cap rate and can make for a very lucrative investment.  MoreLess
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$5,395,796
+$134,397 Last 30 daysd
$4.69M
$6.74M
Zestimate range
Rent Zestimate What's this?
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$18,392/mo
-$384 Last 30 daysd
$3.7K
$37K
Zestimate range

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Neighborhood for 126 Lexington Avenue # 0

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Among New York homes, this home is valued 952% more than the midpoint (median) home, and is valued 200.8% more per square foot. Foreclosures will be a factor impacting home values in the next several years. In the New York market, the number of foreclosures waiting to be sold dropped 0.9% in the last year. The number of unsold foreclosures is 65.1% less than in New York Metro, and 94.4% lower than the national average. This lower local number could help New York home values rise more quickly than other regions in New York Metro.

Learn more about forecast calculations or New York home values.
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    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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    Premier Agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292

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    Thanks for using Zillow to find agents and lenders to help you with your home shopping.

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