79th & Lexington Avenue

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.