Description

1698 Lexington Avenue in New York City is a historic 3,920-square-foot mixed-use brownstone offering a strong investment opportunity in one of Manhattan’s most sought-after neighborhoods. The property consists of seven residential units, including six studio apartments and one duplex garden apartment with direct access to a private yard, creating a unique and appealing living environment for tenants. Currently generating approximately $20,000 per month in rental income, the building presents both stable cash flow and future upside potential. Ideally situated near Park Avenue, schools, shopping, dining, and other neighborhood amenities, the property combines classic New York character with an excellent location and long-term investment appeal.