New York City · Commercial sale
1276 Lexington Owner buys 1276 Lexington Avenue in Manhattan for $12.6 million
An apartment building at 1276 Lexington Avenue, Manhattan sold for $12,600,000 on August 26, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $12,600,000
- Sold
- August 26, 2026
- Property type
- Apartment building
- Building area
- 16,295 sq ft
- Price per sq ft
- $773
- Year built
- 1920
The $12,600,000 sale was 19% below the $15,604,000 market value on record, according to New York City Department of Finance records. The apartment building at 1276 Lexington Avenue sold on August 26, 2026, according to the department’s ACRIS property records.
ACRIS records list 1276 Lex Owner LLC as the seller. They list 1276 Lexington Owner LLC and Zuc Lexington Owner LLC as the buyers.
Department of Finance records show 16,295 square feet of building area, a build year of 1920 and a 3,550-square-foot lot. The price works out to $773 per square foot.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in New York City?
By our estimate, the seller's two largest charges, not counting prorations, were $330,750 for the nYC real property transfer tax (commercial/other) and $50,400 for the nY State real estate transfer tax. Who pays what follows New York City custom.
How much did the seller net?
By our estimate, the seller netted about $12,360,958. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $12,821,313 at closing. That covers the full price and closing costs.
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026083100631001. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.