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1885 Lexington Avenue 5DNew York, NY 10035

For Sale

$499,000

Smart Buyer Rebate - Ask

This two bedroom co-op apartment in East Harlem features an open floorplan and sun filled rooms right in the heart of New York’s cultural epicenter.

A large galley kitchen anchors the public rooms whilst a particularly wide hallway leads to the two spacious bedrooms and bathroom. The hallway contains substantial storage as well as a stacked washer and dryer.

The building features a virtual doorman, an elevator and has a furnished roof deck. Lancaster Lexington nestled is nestled equidistant to Central Park and Marcus Garvey Park. The 4/5/6 trains and Metro North are a few blocks away, as well as a host of restaurants and cafes. Pets welcome. Please Note: Income restrictions apply. These limits are based on 130% of the Area Median Income (AMI).

Listed by Frederick Spencer

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Sothebys International Realty

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(212) 606-7660

Last updated October 20, 2025

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Source: REBNY #RLS20026468

Listing Facts

  • TypeCo-op
  • NeighborhoodEast Harlem
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu148
  • HOA/Maint. Fees$1,272/month
  • Size996 sqft
  • Price per sqft$501

Amenities

  • Pets Allowed

Location

Mortgage Calculator

Listing History

10/20/2025
Price Decreased
$499,000
09/03/2025
Status changed to Active
$526,500
08/02/2025
Status changed to Removed from Feed
$526,500
06/10/2025
Price Decreased
$526,500
05/27/2025
Listed by Sothebys International Realty
$585,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $499,000 and a 10% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1885 Lexington Avenue 5D

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Fees

  • Association Fee: $1,272.00 Monthly

Financial

  • Flip Tax Remarks: Call Listing Agent

Exterior

Construction

  • Number Of Units Total: 29
  • Stories Total: 7
  • Year Built: 2010
  • Building Name: Lancaster Lexington

Features

  • Building Features: Elevator(s)

Measurements

  • Building Area Total: 41,172
  • Building Area Units: SquareFeet
  • Lot Size Area: 6,564
  • Lot Size Dimensions: 134
  • Lot Size Units: SquareFeet

Interior

Measurements

  • Living Area: 996
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: East Harlem
  • Tax Block: 01645
  • Tax Lot: 7502

Utilities

Equipment

  • Laundry Features: In Hall

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.