557 LEXINGTON AVENUE
BBL 1013050020 · Class H1 · Built 1927 · 28 floors · 4 units · SONESTA BENJAMIN HOTEL LLC
557 LEXINGTON AVENUE is a property in New York City zoned C6-6. The C6-6 classification is Commercial C6-6. The structure was built in 1927. It has 28 floors. The building contains 138,614 square feet. Built FAR is 18.48 of 10 maximum allowed. Assessed value is $22,063,050. Last sold for $63,054,154 in May 2022. Located in Council District 4.
You can build 113K sf as-of-right. The lot uses 123% of it today.
Governing use: commercial at FAR 15.00 on a 7,500 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
4 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| May 6, 2022 | DEED | $63,054,154 | 125 EAST 50TH STREET CO., LLC→SONESTA BENJAMIN HOTEL LLC |
| Jul 1, 2006 | DEED | — | 125 EAST 50TH STREET CO., LLC→125 EAST 50TH STREET CO., LLC |
| Nov 24, 1997 | DEED | — | BEVERLY - 50TH ST. CORP.→125 EAST 50TH ST CO., LLC |
| Sep 6, 1967 | DEED | — | EAST 50TH ST ASSOCIATES→BEVERLY 50TH ST CORP |