The Lancaster Lexington is a post-war co-op building in East Harlem, completed in 2012. It contains 29 units across 7 stories and offers amenities such as an intercom and roof deck.
The Lancaster Lexington is a post-war co-op building located in the vibrant East Harlem neighborhood, completed in 2012. This 7-story building features 29 units and offers amenities such as a common roof deck, intercom system, and a virtual doorman. The building is designed to be eco-friendly and is handicap accessible, contributing to its appeal in the market.
Residences in the Lancaster Lexington are characterized by spacious layouts and abundant natural light. Many apartments feature high ceilings, large windows, and modern finishes, including chef's kitchens equipped with stainless steel appliances, granite countertops, and open living spaces. Notably, some units come with private terraces and designated garden plots on the roof, allowing residents to cultivate their own plants.
The building is pet friendly and has a liberal subletting policy, allowing owners to sublet their units for 2 out of every 4 years after one year of residency. Monthly maintenance is 35% tax deductible, and there is no flip tax, making it an attractive option for potential buyers. Conveniently located just one block from the #6 train and within walking distance to various shops and restaurants, the Lancaster Lexington offers both accessibility and community.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.