354 Lexington Avenue, Manhattan
Commercial · built 1959 · Block 1295, Lot 17.
Building permits
- Alteration, filed Oct 13, 2026, estimated cost $60K, described as “Existing commercial space, interior renovation modify partition for proposed at first floor, finish painting throughout, plumbing and mechanical work at DOB now application; no change in use, egress or occupancy.”
- Alteration, filed Sep 25, 2026
- Alteration, filed Sep 25, 2026
- Alteration, filed Jun 8, 2026, estimated cost $25K, described as “Installation of mechanical systems as per plans filed herein”
- Alteration, filed May 6, 2026, estimated cost $125K, described as “Interior demo at 15th and 17th floors. No change in use, occupancy, or egress.”
- Alteration, filed Mar 2, 2026, estimated cost $244K, described as “Filing herewith interior renovation as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Feb 26, 2026, estimated cost $28K, described as “Filing herewith modification to the existing sprinkler and standpipe system as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 7, 2026, estimated cost $337K, described as “Interior office renovation at the 8th amenity floor, No change to use, egress or occupancy.”
- Alteration, filed Oct 23, 2025, estimated cost $325K, described as “Interior alteration of office space on 5th floor & 6th floor for banking and financial services.”
- Alteration, filed Aug 21, 2025, estimated cost $45K, described as “Interior office renovation at the 9th floor, No change to use, egress or occupancy.”
- Alteration, filed Jul 1, 2025, estimated cost $250K, described as “Remove and replace existing cladding, doors, soffits, transom and louvers. No change to use, egress or occupancy.”
- Alteration, filed May 29, 2025, estimated cost $150K, described as “Installation of heavy duty sidewalk shed and pipe scaffolding. no change in use, occupancy or egress. work shall comply with chapter 33 of nycc.”
- Alteration, filed May 23, 2025, described as “Installation of temporary suspended scaffold equipment.”
- Alteration, filed Apr 1, 2025, estimated cost $50K, described as “Non-structural demolition at 4th floor. No change to Use, Egress or Occupancy.”
- Alteration, filed Mar 19, 2025, estimated cost $825K, described as “Filing interior renovation with partitions, doors, floors, and finishes as per plans on the 13th and 14th floors. No change in use, egress, or occupancy under this application.”
- Alteration, filed Dec 11, 2024, estimated cost $50K, described as “Minor partition work to Whitebox 14th floor office space. No change to use, egress or occupancy.”
- Alteration, filed Nov 27, 2024, estimated cost $100K, described as “Non-structural demolition at 13th & 14th floors. No change to Use, Egress or Occupancy.”
- Alteration, filed Jan 25, 2023, estimated cost $73K, described as “Herewith filing modifications to existing sprinkler system and associated piping on the 15th floor.”
- Alteration, filed Jan 25, 2023, estimated cost $571K, described as “Herewith filing for architectural fit out on the 15th floor as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Jan 25, 2023, estimated cost $52K, described as “Herewith filing modifications to existing plumbing fixtures and associated piping on the 15th floor.”
- Alteration, filed Jan 25, 2023, estimated cost $260K, described as “Herewith filing for modifications to existing mechanical system and associated duct work on the 15th floor as indicated on plans.”
- Alteration, filed Nov 29, 2022, estimated cost $19K, described as “Herewith filing for interior removals of non-load bearing walls and removals of interior finishes on the 15th floor as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed May 26, 2022, estimated cost $46K, described as “Cap remove existing piping at Existing Wellness Ctr rm. and connect new sanitary piping for drinking fountain a per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 26, 2022, estimated cost $810K, described as “Interior fitout of existing office space including removal and installation of non bearing partitions and related finishes as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed May 26, 2022, estimated cost $75K, described as “Removal of existing transfer duct and fan coil, installation of linear diffusers and supply grilles”
29 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $36,588,150
- 2026–27 tax
- $3,557,131
- Market value (city estimate)
- $81,307,000
- Taxable value
- $32,790,661
- Assessed land
- $7,695,000
- Assessed improvements
- $28,893,150
Zoning
C5-3: floor area ratio 19.28 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 14, 2024: $65,500,000
- Aug 19, 2019: $180,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…
In the news
360 Lexington Avenue Completes Renovations In Midtown East, Manhattan, New York YIMBY, Sep 12, 2026.