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Rent/Lease Apartment 569 Lexington Ave
569 Lexington Ave Property Overview
| Building Address: | 569 Lexington Ave, New York NY 10022 |
| Building Name: | Found Study Midtown East |
| Zip Code: | 10022 |
| Neighborhood: | Midtown East |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 2022 |
| Building Class: | B |
569 Lexington Avenue: Historical Overview
Address: 569 Lexington Ave, New York, NY 10022 (Turtle Bay, Manhattan)
Year Built: 1961 | Architect: Morris Lapidus | Original Name: Summit Hotel
Notable Features:
- Manhattan's first new hotel in three decades upon 1961 opening
- Pioneering Miami Modernist (MiMo) design in NYC
- Distinctive green glazed brick and Italian mosaic tile cladding
- 7-disk illuminated sign on Lexington Avenue facade
- Structural glass-clad penthouse suites (top 3 floors)
Architectural Significance: Designed by Morris Lapidus with Harley & Associates, featuring curved elevations and neon accents. The structure retains most original elements despite later alterations to the Lexington Avenue entrance.
Historical Context: Generated media attention at opening for its flamboyant Modernist aesthetic, contrasting with traditional NYC architecture. Later rebranded as Doubletree Metropolitan Hotel before conversion to other uses.
Dimensions: 19 stories | 437,661 sqft building | 32,273 sqft lot
569 Lexington Avenue is located in the Midtown East neighborhood of Manhattan, New York City. It is situated on the southeastern corner of Lexington Avenue and 51st Street.
The building is a dormitory and former hotel, designed by architect Morris. Historically, the site was once occupied by the Loew's Lexington Theater and before that, the Nursery and Child's Hospital.
Today, it is also known as a location for FOUND Study Midtown East, which offers fully furnished student and intern housing.
The area is rich in landmarks such as St. Bartholomew's Episcopal Church, the General Electric Building, and the Waldorf Astoria New York. It is conveniently located near the Lexington Avenue/51st Street subway station.
Amenities at 569 Lexington Avenue, Midtown East, Manhattan
- Doorman
- Elevator
- Pet Friendly
- Gym
- Bike Storage
- Public Roof Deck
- Laundry Room
- Communal Kitchen
- Communal Penthouse
- Library
- In-unit Microwave
- In-unit Refrigerator
- Spacious Bathroom
- Desk and Chair provided for student or intern
- TULU system
569 Lexington Avenue, Manhattan
- Current Tenant Profile: Primarily student housing (FOUND Study Midtown East) since 2022
- Commercial Space: Ground-floor retail space (≈1,000 SF) with immediate availability (historical DoubleTree listing)
- Recent Transaction: CUNY acquired condo unit (April 2025)
- Building Owners: Hawkins Way Capital (since 2022 conversion)
- Former Hotel Details: 800-room DoubleTree by Hilton operated until property conversion
- Designation: NYC Landmark (façade since 2005)
Internet providers available at 569 Lexington Ave, Manhattan, NYC, typically include major providers that serve the area. These may include:
- Verizon: Known for its Fios service, offering speeds up to 2 Gbps.
- Astound Broadband Powered by RCN: Offers both cable and fiber services with unlimited data usage.
- Spectrum: Provides cable internet with speeds up to 1 Gbps.
569 Lexington Avenue
Location: Midtown Manhattan, NYC (Lexington Ave & 51st Street)
Transportation
- Subway: 6, E, M trains at Lexington Ave/51st St station (direct access)
- Bus: Routes near 3rd Ave & 51st St, Grand Central, and Lexington/52nd St stops
Cross Streets
Northwest corner of Lexington Avenue and 51st Street
Adjacent to St. Bartholomew's Church and General Electric Building
- 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
- Levin Capital Strategies leased 18,967 SF at 595 Madison Ave
- SAC Capital leased 16,786 SF at 540 Madison Ave
- Donnelley Financial Soluti… leased 16,750 SF at 140 East 45th St
- Northwell Health leased 16,720 SF at 130 East 59th Street
- NADAP leased 16,000 SF at 355 Lexington Avenue
Nearby Retail Tenants Leased
- Taco Dumbo, Omakasa leased 2,407 SF at 237 Park Avenue
- Camper leased 2,380 SF at 635 Madison Ave
- Balade Your Way leased 2,373 SF at 641 Lexington Avenue
- ViVa Events and Catering leased 2,000 SF at 222 East 58th Street
- Oscar de la Renta leased 2,000 SF at 772 Madison Ave
- Ribot leased 2,000 SF at 780 Third Ave
- Columbia Organic Holdings leased 1,900 SF at 19 West 44th St
- Mephisto leased 1,854 SF at 488 Madison Avenue
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- Hale and Hearty leased 1,800 SF at 369 Lexington Ave
- 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
- Levin Capital Strategies leased 18,967 SF at 595 Madison Ave
- SAC Capital leased 16,786 SF at 540 Madison Ave
- Donnelley Financial Soluti… leased 16,750 SF at 140 East 45th St
- Northwell Health leased 16,720 SF at 130 East 59th Street
- NADAP leased 16,000 SF at 355 Lexington Avenue
- Taco Dumbo, Omakasa leased 2,407 SF at 237 Park Avenue
- Camper leased 2,380 SF at 635 Madison Ave
- Balade Your Way leased 2,373 SF at 641 Lexington Avenue
- ViVa Events and Catering leased 2,000 SF at 222 East 58th Street
- Oscar de la Renta leased 2,000 SF at 772 Madison Ave
- Ribot leased 2,000 SF at 780 Third Ave
- Columbia Organic Holdings leased 1,900 SF at 19 West 44th St
- Mephisto leased 1,854 SF at 488 Madison Avenue
- Litter & Leashes leased 1,852 SF at 1100 Second Ave
- Hale and Hearty leased 1,800 SF at 369 Lexington Ave
Innisfree Mergers and Acquisitions Testimonial
Dear Steve,
We are pleased to serve as a reference for you and Optimal Spaces Inc. You and your team did a great job for us in finding a sublease at 67 Wall Street. You were fast and efficient in locating spaces that met our needs and corporate image, aggressive in negotiating on our behalf, and effective in communicating our needs to the landlord and getting our offer accepted.
We look forward to working with you again.
Very truly yours,
Arthur B. Crozier
Co-Chairman
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