516 LEXINGTON Avenue

New York City, NY, 11221

$2,299,000

$478 per ft²
$2,299,000
$478 per ft²
Active Under Contract
Active Under Contract
 - For Sale
beds
6 Beds
baths
4 Baths
carpenters-square
4,800 ft²
property_type
Townhouse
3.75% Interest Rate available through First Republic Bank Eagle Community Loan Program

Welcome to 516 Lexington Avenue, a remarkable 2 Family townhouse in the historic neighborhood of Stuyvesant Heights. With an expansive layout and flawlessly curated design, the fully renovated home consists of 6 bedrooms, 3 full & 3 half bathrooms. Private outdoor spaces include a large roof terrace with sky line views and a sunny deck overlooking the garden in the owner's triplex. The townhouse is equipped with designer light fixtures and Bluetooth speakers throughout. It must be seen to believe! A large, garden level duplex apartment offers an amazing high end income producing unit.

Enter the lavish owner's unit with a hand laid tile entryway that gives way to an immense living/dining area. Spanning the entirety of the parlor level, high ceilings and hardwood floors offer a vast space filled with natural light from both front and back of the building. The living room also features a striking wall mounting fireplace that brings the whole space together.

A waterfall island with brass fixtures is the centerpiece to the open concept kitchen. Flanked by cabinets accented with gold pulls, the kitchen holds enough storage for all your cooking needs. Additional cabinets are housed in the island and on either side of the custom breakfast banquette. A high-end suite of appliances includes a Fisher & Paykel French door refrigerator, Bosch dishwasher, 5 burner electric stovetop and stacked wall oven & microwave. Specialty Spanish tile work covers the floor and flows seamlessly out to the deck overlooking the 612 sq ft garden - perfect for entertaining family and friends.

Up on the 2nd floor, you'll find three well laid out bedrooms including the primary bedroom with walk in closet. Its generous proportion easily accommodates a king-sized bed set and more. High ceilings and southern light enhance the room's abundant space. Outside trees fill the oversized windows. The en-suite bathroom is the epitome of luxury and relaxation with dark emerald tile that wraps around the walls and a light wood double vanity detailed with brass fixtures. An expansive shower contains two brass shower heads with a freestanding, deep-soaking tub.

The upper-level boasts a versatile space that could easily work as a bedroom or office. Surrounded by natural light, this room is equipped with a wet bar, mini fridge and the third half bath. The room opens onto the private deck. Northern light saturates the roof terrace which extends over 700 sq ft with nearly 360 degrees of city views

A 2 bed, 1.5 bath garden unit provides an opportune income generating apartment with high rent potential. The full-sized kitchen with wraparound countertop is a feature of the open concept living space. At nearly 350 sq ft, the basement contains a half bathroom and washer/dryer. The unit mirrors the charm and spaciousness of the whole building - an easy sell to future tenants.

Stuyvesant Heights residents have vast access to the culture and architecture that the neighborhood is known for. Farmers Markets are a short trip away in the Herbert Von King and Saratoga Parks. Enjoy a number of restaurants, cafes and bars within the neighborhood or minutes from your doorstep in the Broadway corridor. Access to local and express J/Z trains are nearby at the Kosciuszko St station. A and C trains at the Kingston Throop station transport riders to Manhattan within 15 minutes.
MLS® ID:
RPLU-33422086683
Listed:
10/12/22
Updated:
2/4/23

Interior Features

Kitchen Appliances
Washer Dryer Allowed
Total Bedrooms
6
Full Bathrooms
3
Half Bathrooms
3

Other Property Details

Garage
No
Parking
N
View
N
County
Kings
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
1/25/23
Active Under Contract
-
-
11/29/22
Price Change
$2,299,000
-4%

Courtesy of Corcoran Group, Alexandra Newman

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Luca Paci shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2023 Real Estate Board of New York. All rights reserved.

Data last updated 12:11 AM UTC, 2/4/23

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