1057-1059 Lexington Avenue is a property in Manhattan (BBL 1-1410-23), classified as mixed residential & commercial, built in 1885, owned by JP REAL ESTATE GROUP USA. Crezly estimates about $15.34M in outstanding mortgage debt secured against it. The building has about 19,970 square feet across 18 units. It last recorded a sale of $23.6M on 2026-01-29.
| Land use | Mixed residential & commercial |
|---|---|
| Building class | C7 |
| Zoning district | C1-8X |
| Year built | 1885 (altered 2015) |
| Floors | 5 |
| Total units | 18 (15 residential) |
| Building area | 19,970 sqft |
| Lot area | 3,995 sqft |
| Built FAR | 5.00 of 9.00 max |
| Assessed value | $5.97M |
This lot appears to carry roughly 15,980 sqft of unused development rights (the gap between its built and maximum FAR). What is FAR?
The recorded owner is JP REAL ESTATE GROUP USA — see their full NYC portfolio and estimated debt. Crezly estimates about $15.34M in outstanding mortgage debt secured against this property.
This building is in Upper East Side, Manhattan. See the neighborhood's recent sales, median prices and top owners.