The listing facts are current enough for an initial property review.
1885 Lexington Ave Apt 5A
Listing Notes
$7, 500 BUYER CREDIT | 2 BED + IN-UNIT W/D | EAST HARLEM Own a thoughtfully designed 2-bedroom home in East Harlem with a rare financial advantage. For a limited time, the seller is offering a $7, 500 credit (6 months of maintenance) for offers submitted and accepted by June 30th. Set within the well-established Lancaster Lexington Cooperative, this light-filled residence offers a calm retreat moments from the energy of the surrounding neighborhood. A gracious entry foyer with generous storage leads into an expansive living and dining area, where hardwood floors and oversized windows create an inviting and well-balanced atmosphere. The galley kitchen is efficiently designed with ample cabinetry, tiled flooring, and full-size appliances including a gas range, dishwasher, and microwavewell suited for both everyday use and entertaining. The primary bedroom comfortably accommodates a king-size bed and offers substantial closet storage. The second bedroom is equally well-proportioned, providing flexibility as a guest room, home office, or study. The bathroom features classic white tile and a deep soaking tub, maintaining a clean, timeless aesthetic. Additional highlights include thru-wall air conditioning and a rare in-unit stacked washer and dryer, delivering convenience not often found in this category. Lancaster Lexington is a full-service cooperative offering a virtual doorman system, elevator access, and a furnished rooftop deck with open city views. Located in the heart of East Harlem, you are surrounded by local cafs, markets, and dining, with Marcus Garvey Park nearby and Central Park just minutes away. Transportation is seamless with access to the 4, 5, and 6 subway lines, Metro-North Railroad, and multiple bus routes. LIMITED-TIME INCENTIVE: $7, 500 SELLER CREDIT (6 MONTHS MAINTENANCE) OFFER MUST BE SUBMITTED AND ACCEPTED BY JUNE 30TH. Please note: Income restrictions apply in accordance with 130% of Area Median Income (AMI). Buyers are encouraged to review eligibility guidelines prior to application. Pets are welcome.
Market Insights
$474/sqft vs a nearby median of $515/sqft.
- -8.0% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 791 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 11.7% below the fair value — likely to draw competing offers if it's still on market.
- Transit access+$16k +4.0%
- Modern construction+$6k +1.5%
- Virtually staged−$4k −1.0%
- Visible condition issues−$4k −1.0%
- Days-on-market gravity−$2k −0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 86 days
- Last price change
- No change recorded
- Listed
- Feb 15, 2026
- Photos
- 21 photos
- Property type
- coop
- Status
- for sale
Features & Amenities
Photos
Building Facts
- Year built
- 2010
- Stories
- 7
- Total units
- 32
- Residential units
- 29
- Building area
- 41,172 sqft
- Lot size
- 6,564 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
Public Records
15 total recorded against the building
2 total recorded
Tax-lot deed, mortgage, and transfer records on file
Top: heat/hot water
Top complaint types in ZIP 10035
- HEAT/HOT WATER2,738
- Noise - Residential1,571
- Illegal Parking1,375
- UNSANITARY CONDITION1,180
- Noise - Street/Sidewalk1,147
Recent DOB
- May 31, 2018V-DOB VIOLATION - ACTIVE · FISPNRF-NO REPORT AND / OR LATE FILING (FACADE) FACADE REQUIRED
- May 15, 2014V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- May 15, 2014V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Nov 6, 2013V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Mar 31, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Mar 29, 2017Class B · § 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FROM SUNSET EVERY DAY TO SUNRISE ON THE DAY FO...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.