1 / 19

860 LEXINGTON Avenue

$12,250,000

MLS# RLS20110357 · Lenox Hill

Price reduced$12,750,000 to $12,250,000$500,000 (3.9%) off

Originally listed at $12,750,000. Price last reduced on November 6, 2026.

Listed August 20, 2026 · 82 days on the market

6 Beds 8 Baths

About This Property

860 Lexington Avenue - Prime Upper East Side Investment OpportunityExceptional opportunity to acquire a fully renovated mixed-use building in the heart of Lenox Hill, ideally located on the West Side of Lexington Avenue between East 64th and 65th Streets.The property offers approximately 6,260 SF above grade, PLUS a finished commercial basement leased to the same long-standing retail tenant. The Certificate of Occupancy recognizes the basement for commercial/store use, providing additional usable, income-producing space beyond the 6,260 SF stated building area.The building combines strong commercial and luxury residential income, offering an approximately 4.8% pro-forma cap rate at the asking price. The property is anchored by a long-standing retail tenant with leases through 2032, contractual rent increases and real-estate-tax escalation provisions-providing stable income with built-in growth.The residential component consists of two beautifully renovated residences, including a 2 bedroom, 2 bathroom home with private outdoor space and an impressive 4 bedroom, 3.5 bathroom upper duplex penthouse with an approximately 600 SF private roof-deck terrace.A rare combination of prime Upper East Side location, attractive yield, long-term commercial tenancy, luxury residential space and fully renovated condition-an outstanding Manhattan investment opportunity.

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Douglas Elliman Real Estate.

A mixed-use building on Lexington Avenue, between East 64th and 65th Streets, holds this upper duplex penthouse, which the listing describes as fully renovated. The listing counts six bedrooms.

The penthouse has a fireplace and ductless cooling, and the washer and dryer are in the unit. I'd count in-unit laundry as one of the more practical features here, because a load of wash never means leaving the apartment.

The roof-deck terrace runs about 600 square feet and is private, which gives the penthouse outdoor space that most of the home's rooms don't have.

The Lexington Av/63 St stop for the M and Q is about 2 minutes on foot, and Central Park is about 7 minutes away. Morton Williams supermarket is about 3 minutes, and Park Avenue Armory is about 3 minutes.

The building is listed as green, pets are allowed, and it's smoke-free.

Quick answers+

Does the apartment have in-unit laundry?

Yes. There's a washer and dryer in the unit.

Is there private outdoor space?

Yes. There's private outdoor space of over 60 square feet, and the penthouse has a private roof-deck terrace of about 600 square feet.

Does the apartment have a fireplace?

Yes. There's a fireplace in the home.

Property Features

Policies

  • Pets allowed
  • Smoke-free

Home features

  • Washer/dryer in unit
  • Ductless cooling
  • Fireplace
  • Private outdoor space (over 60 sq ft)

Building amenities

Services and facilities

  • Green building

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$72,085 / month

  • Principal and interest$61,943
  • Property taxes$10,142

Due at closing

  • Down payment (20%)$2,450,000
  • NYS “mansion tax” (3.25%)$398,125
  • Mortgage recording tax (1.925%)$188,650

Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

Location & Nearby

Map

Loading map…

860 LEXINGTON Avenue

Subway

  • MQLexington Av/63 StAbout 2 min walk · Accessible
  • 668 St-Hunter CollegeAbout 5 min walk · Accessible
  • 456NRWLexington Av/59 StAbout 6 min walk
  • NRW5 Av/59 StAbout 10 min walk

Parks

  • Central ParkAbout 7 min walk
  • St. Catherine's ParkAbout 9 min walk

Public schools · Elementary schools

  • East Side Elementary School, PS 267About 4 min walk
  • Ella Baker SchoolAbout 8 min walk
  • P.S. 183 Robert L. StevensonAbout 12 min walk

Middle schools

  • J.H.S. 167 Robert F. WagnerAbout 15 min walk

High schools

  • Vanguard High SchoolAbout 8 min walk
  • Talent Unlimited High SchoolAbout 8 min walk

Colleges & universities

  • Hunter College (CUNY)About 5 min walk
  • New York School of Interior DesignAbout 7 min walk
  • Marymount Manhattan CollegeAbout 10 min walk
  • Louis V Gerstner Grad SchAbout 13 min walk

Museums

  • The Frick CollectionAbout 10 min walk
  • Mount Vernon Hotel Museum & GardenAbout 13 min walk
  • Whitney Museum of American ArtAbout 14 min walk
  • Museum of Modern Art (MoMA)About 17 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Lenox Hill

A refined Upper East Side enclave of prewar elegance, Central Park proximity, and Madison Avenue prestige.

Walkability

9/10

Public transit

9/10

Schools

9/10

Dining

9/10

Groceries & parks

9/10

Explore Lenox Hill

Listing Courtesy of Douglas Elliman Real Estate

Back to Home Search
RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.