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1729 Lexington Ave

East Harlem, Manhattan | East 107th Street & East 108th Street

18 Rooms8 Beds5.5 Baths3,600 Square FeetMixed Use

$2,150,000
floors / apts5 / 8
Lot Size16'x65'
Built Size16'x54'
ZoneR7D
Building TypeTownhouse
RE Taxes$5,681
Price Per SF
$597

Outdoor space and views

  • Garden
  • City Views
  • Garden Views

Building Amenities

  • Voice Intercom

Property Description for 1729 Lexington Ave

Mix-Use Building for Sale 1 Store with 5 Apartments --------------------- Units in Building Ground Floor: Store & rear facing studio apartment 2nd Floor: Two bedroom, one bath floor-thru apartment 3rd Floor: Two bedroom, one bath floor-thru apartment 4th Floor: Two bedroom, one bath floor-thru apartment 5th Floor: Two bedroom, one bath floor-thru apartment ------------------- Prime Mixed-Use Investment Opportunity: Free-Market Asset with Massive Rental Upside Unlock incredible value at 1729 Lexington Avenue, a highly lucrative mixed-use property combining one commercial retail store and five residential apartments. Offering ultimate operational flexibility, the entire building is 100% free-market with absolutely no stabilization restrictions . While the property currently generates reliable income, the residential units are significantly undervalued, presenting a savvy investor with immediate, substantial upside to align rents with true market rates. The apartments are in good condition, having undergone comprehensive capital improvements in recent years, including updated electrical and plumbing systems, with true hardwood floors, high ceilings, and newer kitchens and bathrooms, ensuring a highly attractive, low-maintenance environment requiring virtually very little work from a new owner. Positioned in a prime, high-demand neighborhood, tenants enjoy unbeatable convenience with close access to the subway and local transit and shopping Whether you are looking to execute a high-yield buy-and-hold strategy or clear market-rate rentals, this asset offers immense rental upside in one of Manhattan's most vibrant and evolving areas. Low Real Estate Taxes: $5,682/year Please e-mail for income info-

Listing History for 1729 Lexington Ave

Now
10/22/2026
$2,150,000
Initial Price by Matthew Mauro
FIND Real Estate
2026

Building Details for 1729 Lexington Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

110 St
0.13 miles
103 St
0.22 miles
116 St
0.41 miles

Citi Bike

E 106 St & Lexington Ave
0.1 miles
3 Ave & E 109 St
0.1 miles

East Harlem | Manhattan

Quick Profile

Take a stroll through East Harlem and you’ll find a vibrant, culturally diverse neighborhood, which is evident no matter which direction you look. East Harlem is also known as Spanish Harlem, El Barrio, and “The Neighborhood,” as it is home to a population that represents Hispanic immigrants, primarily from Puerto Rico, as well as from Mexico, Cuba, and the Dominican Republic. These immigrants brought their cultures with them, in the form of music, dance, art, and food. During the day, you’ll find the neighborhood filled with opportunities to experience Latin culture. Both the salsa dance craze and the graffiti style of art were born right in East Harlem. There are many great places to sample authentic cuisine, from Rao’s (where you cannot get a table unless you inherit one, and any reservations must be booked years in advance) to sidewalk carts, where you can get the best “street meat” to be had in NYC.

In East Harlem you’ll find a number of innovative educational opportunities in the form of specialized and charter schools that are considered top-notch. Many of these have very competitive admissions criteria and offer curricula that focus on creativity and social awareness. Such schools are a draw for young families that want to raise their children in an educational system that goes above and beyond the standard.

The vibe of East Harlem is one of community and neighbors that interact with each other routinely. There are many small, family-owned and -operated businesses and restaurants that have been neighborhood anchors for years. As you stroll through East Harlem, you will be immersed in sights, sounds and flavors that are straight from Latin American or the Caribbean islands, sometimes both at once. You can sample Puerto Rican-inspired plantain mofongo, which is mashed plantains with garlic and pork rinds, from local sidewalk carts. Or if it is a hot summer’s day, you might enjoy a Mexican-inspired licuado, which is a blended drink similar to a smoothie, made with milk, fruit, and ice. Sometimes, spices, citrus juices, and sugar are added. Although you will find an abundance of authentic cuisine and music no matter where you look in East Harlem.

Prefer to cook at home? East River Plaza offers Target, Costco, and Aldi stores, all of which offer fresh food at reasonable prices.

East Harlem housing consists of more affordable walk-ups, low-rise pre-war buildings, brownstones, and is dominated housing complexes. You can find some comparatively large apartments at reasonable price points, and even some rent-stabilized apartments. Luxury co-op and condo units are being built on the southern boundary of East Harlem. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 22312TH