NOT LISTED FOR SALE

88 & 90 Lex 88 Lexington Ave Unit 501 New York, NY 10016

Rose Hill Neighborhood

Estimated Value: $2,051,000 - $2,660,676

2 Beds
2.5 Baths
1,557 Sq Ft
$2,035/mo HOA Fee

Last Sold February 16, 2024

Last sale price $2,600,000 $1,670 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $17,764/month

56 Days on Market

Highlights

  • Concierge
  • 3-minute walk to 28 Street (4,6 Line)
  • City View
  • P.S. 116 Mary Lindley Murray Rated A-
  • Rooftop Deck
  • Sauna

About This Home

As of February 2024

IMMEDIATE OCCUPANCY! This two bedroom, two and a half bath residence features dramatic 10' ceilings and oversized windows with eastern exposures bathing each room in natural light.

Thoughtfully designed by architect workshop/apd, this residence offers an open kitchen configuration with a large living and dining room for entertaining. Interior details include cove and recessed overhead lighting, fumed grey oak floors and 8' solid wood interior doors. The contemporary kitchen features custom cabinetry made from European oak, a polished glass composite slab countertop, an antique grey marble slab backsplash, Dornbracht fixtures, a Bertazzoni wall oven and cooktop, and a Sub-Zero refrigerator, freezer, and wine cooler with dual zones.

The master bedroom suite features great closet space and a spacious five-fixture master bathroom. Master bathroom details include French limestone flooring and wall tiles, travertine slab backsplash, radiant heated floors by NuHeat, and a WetStyle Cube Collection deep soaking tub. Additional bathroom details include smoked oak vanity millwork, LED-illuminated medicine cabinet with mirror defogger, and Hansgrohe fixtures.

Amazing building amenities include, indoor swimming pool with Jacuzzi, steam room, sauna, fitness center and exercise room, common landscaped roof deck with grill, playroom, residents' lounge with screening room, concierge and doorman.

The complete offering terms for 88 Lex & 90 Lex are in an offering plan available from the Sponsor: 88 Lexington Avenue Sponsor LLC - File No. CD13-0277 and 90 Lexington Avenue Sponsor LLC - File No. CD13-0276.

Last Agent to Sell the Property

Lawrence Kruysman

Corcoran Group License #10301214648 Listed on: 10/10/2023

Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,728

Year Built

  • Built in 1927

Lot Details

  • 0.26

HOA Fees

  • $2,035 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,557 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed

Additional Features

  • East Facing Home
  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 0501 / 00882

Community Details

Overview

  • 70 Units
  • High-Rise Condominium
  • Nomad Subdivision
  • 17-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Sauna
  • Children's Playroom

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,728

Year Built

Built in 1927

Lot Details

0

HOA Fees

$2,035 per month

Listing Details

  • Exposures: East
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: NOMAD
  • Entry Level: 5
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 17

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1557.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Building Other, In Unit
  • Green Building Features: Common Playroom, Concierge, Green Building, Sauna
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2035.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Community Features: Sauna
  • Units: 70
  • Spa Features: Sauna
  • Total Stories: 17
  • Year Built: 1927

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 00882
  • Tax Lot: 0501
  • Tax Annual: 34728.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 15, 2024
Sold by
88 Lexington Avenue Sponsor Llc and Hfz 88 Lexington Avenue Owner Llc
Bought by
Wang Zidong
Seller's Agent
Lawrence Kruysman
Corcoran Group
List Price
$2,600,000
Sold Price
$2,600,000
Views
17
Current Estimated Value
$2,389,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,581
Avg. Annual Appreciation
-6.61%

Purchase Details

Closed on
Jan 7, 2021
Sold by
Hfz 235 West 75Th Street Junior Mezzanin and Hfz 301 West
Bought by
Cco Condo Portfolio Junior Mezzanin
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Zidong $2,345,000 --
Wang Zidong $2,345,000 --
Cco Condo Portfolio Junior Mezzanin $231,254,659 --
Cco Condo Portfolio Junior Mezzanin $231,254,659 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 235 West 75Th Street Sponsor Llc $14,533,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $2,600,000 0.0% $1,670 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $2,600,000 -- $1,670 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,992 $287,991 $34,205 $253,786
2024 $35,992 $287,892 $34,205 $253,687
2023 $34,733 $292,290 $34,205 $258,085
2022 $36,420 $301,307 $34,205 $267,102
2021 $36,124 $294,481 $34,205 $260,276
2020 $36,359 $326,167 $34,205 $291,962
2019 $35,687 $318,836 $34,205 $284,631
2018 $33,391 $307,697 $34,205 $273,492
2017 $31,152 $291,272 $34,205 $257,067
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Kruysman

    Seller's Agent in 2024

    Lawrence Kruysman

    Corcoran Group

    (917) 734-1153

    30 in this area

    48 Total Sales

    Lawrence Kruysman
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About 88 & 90 Lex

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10934498

Real Estate Board of New York (REBNY)

APN: 0882-1218

New York New York County New York 10010 Rose Hill

88 Lexington Ave Unit 501, New York, NY

This home is located at 88 Lexington Ave Unit 501, New York, NY 10016 since 10 October 2023 and is currently estimated at $2,389,419, approximately $1,534 per square foot. This property was built in 1927. 88 Lexington Ave Unit 501 is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) 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.

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