When the 11-story, 43-unit Lexi Condos was under construction, completion was originally estimated for spring 2020. The coronavirus pandemic considerably slowed the process, but things have picked up with a rosier residential market in play. Developers Brooklyn North Capital and RiverBrook Equities closed on a $48.5 million inventory loan in August 2021, and sales have just launched on the apartments inside.
An offering plan calls for a sellout of $82 million; to that end, current availabilities start at $800K for studios, $1.325 million for one-bedrooms, and $2.35 million for two-bedrooms. Select units feature private outdoor spaces, and penthouse units with expansive private terraces start on the eighth floor. Permits call for no more than six units per floor.
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The design by Issac & Stern immediately sets Lexi Condos apart from its neighbors on other side: A glass enclosure makes up approximately 85 percent of the building’s surface, allowing for abundant natural light in the apartments and common areas. Precast trimming elements are repeated every second floor, and renderings depict setbacks on the seventh and eighth floors. The amenities, which include a fitness center and lounge, look out on an inner courtyard at the rear of the building.
Lexi Condos's address at 165 Lexington Avenue puts it at the crossroads of Gramercy, NoMad, and Murray Hill, allowing for easy access to popular dining and nightlife in all three neighborhoods. Residents who'd prefer to eat at home have easy access to Trader Joe's, Fairway, and Kalustyan.
The building is also located in an area that is becoming increasingly rich in residential development. A few blocks away, listings at Hillrose28 start at $1.45 million. Listings at VU New York range from $829K for studios to $3.8 million for three-beds. On the rental front, there is only one publicly listed unit, a two-bedroom for $5,100/month, at The Lex.
The building is also located in an area that is becoming increasingly rich in residential development. A few blocks away, listings at Hillrose28 start at $1.45 million. Listings at VU New York range from $829K for studios to $3.8 million for three-beds. On the rental front, there is only one publicly listed unit, a two-bedroom for $5,100/month, at The Lex.
↓ All units feature open-concept layouts, floor-to-ceiling windows, wide plank white oak floors, and chic light fixtures.
↓ Modern kitchens come outfitted with eat-in island or peninsula, dark Italian walnut cabinetry, white marble countertops and backsplash, and integrated Miele appliances.
↓ Primary suites enjoy cavernous walk-in closets.
↓ Elegant primary baths boast YSL marble tiles, Statuarietto honed marble countertops, radiant heated floors, Dornbacht fixtures, and walk-in wet rooms with rain showers and soaking tubs.
↓ A sunny fitness center features greenery and high-end equipment, including Mirror.
↓ A sunny, soothing residents’ lounge with social and co-working spaces looks out on the building’s courtyard.
↓ The rooftop terrace boasts lounging and dining furniture, a high-end grill, and Empire State Building views.
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