New York City · Commercial sale

780 Lex Realty Associates buys 780 Lexington Avenue in Manhattan for $10.09 million

A retail building at 780 Lexington Avenue, Manhattan sold for $10,094,186 on August 27, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 3, 2026

Sold August 27, 2026 · New York, New York

Aerial view of 780 Lexington Avenue, Manhattan with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale. See the full listing on Zillow.

Aerial photo: U.S. Geological Survey. Parcel outline: NYC Department of Finance. The photo can predate the sale. See the full listing on Zillow.

Sale price: $10,094,186
Sold: August 27, 2026
Property type: Retail building
Building area: 4,165 sq ft
Price per sq ft: $2,424
Year built: 1900

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgAugust 27, 2026

Seller's estimated net sheet

780 Lexington Avenue, Manhattan

Sale price	$10,094,186
Prorations
Property tax proration (refund to seller)	$140,087.94
Title and settlement
Settlement / closing fee	$250
Seller's attorney fee	$1,500
Transfer taxes and recording
NY State real estate transfer tax	$40,378
NY State additional transfer tax (NYC non-residential $2M+)	$25,236.25
NYC real property transfer tax (commercial/other)	$264,972.38
Other costs
Wire / courier / payoff processing	$75
Total deductions	$332,411.63
Estimated net to seller	$9,901,862.31

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NetSheet.orgAugust 27, 2026

Buyer's estimated net sheet

780 Lexington Avenue, Manhattan

Purchase price (cash)	$10,094,186
Title and settlement
Owner's title insurance policy	$35,689.20
Settlement / closing fee	$250
Buyer's attorney fee	$2,000
Transfer taxes and recording
Deed recording fee	$250
Prorations
Reimburse seller for prepaid taxes	$140,087.94
Closing costs and prepaids	$178,277.14
Estimated cash to close	$10,272,463.14

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.65% of price ($166,554).
Title and settlement fees are typical estimates, not quotes.

Selling in Manhattan?

New York City transfer tax and closing costs

A Manhattan retail building sold for $10,094,186 on August 27, 2026. That price is 3.6 times the market value of $2,843,000, according to city property records.

The building has 4,165 square feet of space. It sits on a 1,633-square-foot lot. The price works out to $2,424 per square foot. The records show it was built in 1900.

The deed lists the seller as 780 Lex Partnership L.p. and the buyer as 780 Lex Realty Associates LLC.

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 $264,972.38 for the nYC real property transfer tax (commercial/other) and $40,378 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 $9,901,862. 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 $10,272,463 at closing. That covers the full price and closing costs.

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780 Lexington Avenue, Manhattan, NY.

Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026090100549001. 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.