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Rent/Lease Apartment 1235 Lexington Avenue

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 1235 Lexington Avenue. This trend is projected to continue. Opportunities for subleases remain available at 1235 Lexington Avenue and in the nearby Upper East Side neighborhood.

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Alone or with other broker

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  • Miss deals and hard-to-find spaces.
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1. The Crucial Distinction: Whose Side Are They On?
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3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)

1235 Lexington Avenue Property Overview

Building Address: 1235 Lexington Avenue, New York NY 10028
Building Name: Cooperative Building
Building Alternate Address: 1235 Lexington Ave
Zip Code:10028
Neighborhood:Upper East Side
Borough:Manhattan
Stories:14
Year Built:1962
Building Class:B

1235 Lexington Avenue is located in the Upper East Side of Manhattan, New York City. The building was constructed in 1962 and features a multi-level retail co-op, ideally located on a heavily trafficked corner. It consists of 95 units over 14 stories, providing residential accommodations in one of New York's most prestigious neighborhoods. Nearby attractions include Marymount Manhattan College, Hunter College, and Weill Cornell Medical College.

1235 Lexington Avenue is located on the Upper East Side of Manhattan, NYC. This address is home to a Walgreens store, previously known as Duane Reade, situated at the southeast corner of Lexington Avenue and 84th Street. The store offers pharmacy services, a photo department, and FedEx shipping services for package drop-offs and pickups.
The building also houses a multifamily residential property, which consists of 95 units in a mid-rise apartment building. It was originally built in 1962 and renovated in 1987. The property is located on a 0.20-acre lot with a total building size of approximately 97,893 square feet.


1235 Lexington Avenue Amenities

  • 24 Hour Access
  • Air Conditioning
  • Elevator
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Online Services
  • Smoke Detector

1235 Lexington Avenue in Manhattan, NYC, is a notable office location hosting various office tenants. The property is situated on the prestigious Upper East Side and is known for its strong retail market. While specific details about current office tenants are not available, the building enjoys a prime location close to Central Park and major transportation hubs.


Internet Providers at 1235 Lexington Avenue, Manhattan, NYC

The building likely has access to several internet service providers due to its location in Manhattan. Common providers in the area include:

  • Verizon Fios: Offers high-speed fiber-optic internet with symmetrical speeds up to 2.3 Gbps.
  • Spectrum: Provides cable internet with speeds up to 1 Gbps and is widely available in Manhattan.
  • Optimum: Known for offering some of the fastest internet speeds, up to 8 Gbps in select areas.
  • Astound Broadband Powered by RCN: Offers both cable and fiber services with affordable pricing.

Availability might vary based on specific floor plans and building configurations.


1235 Lexington Avenue in Manhattan, NYC, is located on the Upper East Side. The nearest cross streets are East 83rd Street and East 84th Street. For transportation, the closest subway stop is the 86 Street station, serving lines 4, 5, and 6, approximately 0.1 miles away.

Additional transportation options include several bus routes and easy access to local airports like LaGuardia, which is about 18 minutes away by car. Public transit is readily available via the subway system and buses near Lexington Avenue, making it convenient to travel around the city.

Retail Tenants Rented / Leased 1235 Lexington Avenue
  • Duane Reade leased 9,886 SF
Nearby Office Tenants Leased
  • Laboratory Institute of Merchandising, the College for the Business of Fashion leased 30,160 SF at 535 Fifth Ave
  • Monarch Alternative Capit… leased 29,530 SF at 535 Madison Ave
  • CareMax leased 27,400 SF at 1915 Third Ave
  • Reproductive Medicine Associates leased 25,779 SF at 635 Madison Ave
  • Strike Technologies leased 25,000 SF at 545 Madison Avenue
  • The Ad Council leased 24,368 SF at 815 Second Ave
  • Banco Bradesco leased 21,822 SF at 450 Park Avenue
  • Glendower Capital leased 21,028 SF at 410 Park Ave
  • Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
  • Jay Suites leased 18,989 SF at 369 Lexington Ave
Nearby Retail Tenants Leased
  • Galaxy Medical PC leased 4,239 SF at 68 East 131st St
  • Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
  • Polestar leased 4,000 SF at 5 East 59th Street
  • Grubo Alin Corporation leased 3,840 SF at 595 Madison Ave
  • Panache Lingerie leased 3,800 SF at 286 Madison Avenue
  • Butterfly Spa Corporation leased 3,676 SF at 155 East 44th St
  • 1 Bite Mediterranean leased 3,600 SF at 875 Third Ave
  • Swerve Fitness leased 3,500 SF at 1140 Third Avenue
  • Carlo Pazolini leased 3,056 SF at 555 Madison Ave
  • E-Trade leased 3,000 SF at 300 Park Ave

Finnerty Economic Consulting, LLC. Testimonial

Finnerty Economic Consulting, LLC. testimonial To Whom It May Concern: My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street. I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching. I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan. Very truly yours, John D. Finnerty Managing Principal