- Year built
- 1988
- Type
- Condominium
- Landmark
- No
- Pets
- Pet friendly
- Subletting
- Condominium rules apply — more flexible than a comparable co-op; specific terms confirmed at offer stage
Every recorded sale at this building, 2003–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,314
- Listing discount
- 2.9%
- Recorded sales
- 76
- On record
- 2003–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Lexington Parc would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Lexington Parc is a full-service condominium on a quiet Murray Hill block, built new in 1988 by developer Lawrence A. Smiley on a mid-block site between Park and Lexington Avenues. It is a considered piece of infill: the developer assembled air rights from neighboring properties, kept a five-story base in scale with the block's surviving brownstones, and set a slim tower back above — a design that respects the low-rise street while delivering height, light, and a roof deck to its residents. The building sits in the pocket variously described as Murray Hill, NoMad, and Rose Hill, steps from the Rose Hill historic district and a short walk to Madison Square Park.
For a buyer, Lexington Parc is the boutique post-war condominium done sensibly: a doorman and concierge building with a live-in superintendent, a roof deck with open Empire State and Chrysler outlooks, and the flexibility of true condominium ownership, on a residential block with excellent access to NoMad, Flatiron, and Grand Central. That combination of full-time service, a genuine roof deck, and condo flexibility at Murray Hill value is what defines the building.
Architecture and unit composition
The building is eighteen stories in pale orange brick, with a deliberately low five-story base that holds the line of the block's brownstones and a symmetrical setback tower above, distinguished by angled balconies. It is not a landmark, though it stands beside a designated Pratt Institute building; its appeal is the practical virtue of a well-planned 1980s tower and the light and views the setback massing delivers.
The residences run from studios through one- and two-bedroom layouts across seventy-three units. Floor and exposure drive the experience, with the upper tower floors and the balconied lines taking the best light and the open Empire State and Chrysler views; lower floors and interior exposures trade at a discount. As a mid-sized building, the stack offers enough variety of layout and exposure that a buyer can usually assemble a meaningful set of in-building comparables.
Building operations
Lexington Parc runs as a full-service condominium — a 24-hour doorman and concierge, a live-in resident superintendent, central laundry, a bike room, and private storage, anchored by a roof deck with Empire State and Chrysler Building views. The building is pet friendly. As a condominium, purchases follow standard condo mechanics rather than a co-op board's approval process; ownership transfers and financing follow standard condo mechanics, and the building carries the flexibility that condo ownership provides relative to a comparable co-op.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $46,416/yr
- Per unit / month range
- $0 – $54
- Modeled exposure split equally across 71 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jul 29, 2026 | 17B | 2 BR · 2 BA · 959 sf | $1,387,500 | $1,447/sf | -13.0% |
| May 19, 2026 | 1C | 2 BR · 2 BA · 1,126 sf | $1,700,000 | $1,510/sf | -5.6% |
| Jul 25, 2025 | 5E | 1 BR · 1 BA · 750 sf | $900,000 | $1,200/sf | +0.0% |
| Mar 6, 2025 | 16C | 1 BR · 1 BA · 614 sf | $988,000 | $1,609/sf | -9.9% |
| Feb 13, 2025 | 5D | 1 BR · 1 BA · 798 sf | $915,000 | $1,147/sf | -8.0% |
| Jul 22, 2024 | 16D | 2 BR · 2 BA · 1,000 sf | $1,450,000 | $1,450/sf | -3.0% |
| May 16, 2024 | 16A | 2 BR · 2 BA · 956 sf | $1,370,000 | $1,433/sf | -0.4% |
| Aug 19, 2022 | 5C | 1 BR · 1 BA · 804 sf | $910,000 | $1,132/sf | +0.0% |
Market read. Most recent trades (2026) cleared a median $1,314/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00886-7503). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Closed rents at Lexington Parc, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| 2 bedroom | 4 | $6,250 |
6 closed leases, October 2023 to September 2026. Most recent lease June 2025. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
At the recent median sale of $988K (5 sales since 2024), a buyer putting 25% down would pay about $35,522 to close, or 3.6% of the price.
- Mansion tax: $0
- Mortgage recording tax: $14,264
- Title insurance: $4,446
- Attorneys, lender, building fees, reserves and filings: $16,812
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
This is a condominium, so a purchase runs on standard condo mechanics rather than a co-op board package and interview — a meaningful practical advantage for buyers who want speed, financing flexibility, or the ability to rent. The pet-friendly rules and condo flexibility broaden the pool of qualified buyers; confirm the building's specific subletting terms at the offer stage.
The most important on-site distinctions are floor, exposure, and balcony. The upper tower floors and balconied lines with open Empire State and Chrysler outlooks hold value best; lower and interior units are the value entry point. The location is a genuine asset — a quiet Murray Hill / Rose Hill block, close to NoMad and Madison Square Park, with the 6 train at 28th Street and Park Avenue South a short walk away and Grand Central within reach. Comparable analysis belongs against Murray Hill and NoMad full-service condominiums.
What to know if you’re selling
Lead with the roof deck, the views, and the block. A full-service 1988 condominium with a roof deck, open Empire State and Chrysler views, and a quiet Rose Hill address is an easy story to tell.
Benchmark within the building and against Murray Hill and NoMad condos. With regular in-building turnover, recent comparable sales here are the first reference point; floor, exposure, balcony, and renovation status determine where a unit lands, on a dollars-per-square-foot basis.
Condo flexibility widens the buyer pool. True condominium ownership and pet-friendly rules bring investors, pied-à-terre buyers, and primary residents all to the table.
Closing timelines are condo-fast. With no board package or interview, a well-prepared condo sale moves efficiently from contract to closing — we manage that process end to end.
Comparable buildings
If you're considering Lexington Parc, also evaluate nearby Murray Hill and NoMad condominiums:
- The Whitman (21 East 26th Street) — Madison Square Park condominium
- 400 Park Avenue South — full-service NoMad condominium tower
- Grand Madison (225 Fifth Avenue) — pre-war condominium on Madison Square Park
- The Alexander (250 East 30th Street) — a 2001 full-service Kips Bay condominium
- 152 East 22nd Street — Gramercy condominium
More Murray Hill buildings
- 11 East 36th Street (Murray Hill) — 1911 condominium
- 120 East 36th Street — 1955 co-op
- 138 East 36th Street — 1916 co-op
- 155 East 38th Street — 1960 condominium
- 210 East 36th Street (Murray Hill) — 1960 co-op
- 211 Madison Avenue — 1985 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Murray Hill.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Lexington Parc?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.