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1885 Lexington Avenue #5B

$470,000

For Sale

Price Drop$45,000

955 ft²

$492 per ft²

4 rooms

2 beds

1 bath

Co-op
East Harlem
Restricted sale

This is a restricted sale. Buyer income limits apply.

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Listing by Douglas Elliman, Limited Liability Broker, 36-29 Bell Boulevard, Bayside, NY 11361 | Brokerage Listing ID: 830658

Maintenance fees

$1,219/mo

Estimated payment

$3,928/mo

Taxes

Included in maintenance fees

Tax abatement

421a expires in 2038

About

Seller’s agent

Eyston Perez

Licensed Associate Real Estate Broker

Douglas Elliman

Yvette Clark Watkins

Licensed Associate Real Estate Broker

Douglas Elliman

description

Welcome to your new home in the heart of vibrant Harlem! This stunning two-bedroom co-op apartment offers both modern convenience and classic charm, perfectly situated in one of the most sought-after neighborhoods in New York City. Upon entering, you are greeted by a spacious open-concept living area with large windows that flood the space with natural light, highlighting the polished hardwood floors throughout.

Policies

Pets allowed

Home features

Private outdoor space
Roof rights
View
City

Building amenities

Services and facilities

Doorman
Virtual
Elevator

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

Roof deck

About the building

Lancaster Lexington

1885 Lexington Avenue, New York, NY 10035

Co-op building inEast Harlem

29 units

7 stories

2012 built

For sale

5 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about Lancaster Lexington

Property history

Price Change: ↓ $45,000 (-8.7%) on 11/30/25
Days on market: 246 days

Date	Price	Event
11/30/2025	$470,000	Price decreased by 9%
7/4/2025	$515,000	Price decreased by 13%
4/2/2025	$588,888	Listed by Douglas Elliman
10/24/2012	$464,535

Explore East Harlem

Transit

Location	Distance
at 116th St	under 500 feet
at 125th St	0.37 miles
at 110th St	0.37 miles
at 116th St	0.49 miles
at 110th St–Central Park North	0.59 miles

View transit on Google Maps

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About East Harlem

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

2 beds

$850K

RentalsMedian asking base rent

2 beds

$3,200

East Harlem has a wealth of mom-and-pop shops, a lively art scene, and is home to East River Plaza shopping mall known for its big-box stores, including Costco.

Learn more about East Harlem