East Midtown-Turtle Bay · Manhattan · BBL 1013020021
501 Lexington Avenue
Also recorded as 501-507 Lexington Avenue
Traded for $20M in 2025 — a fresh basis on record.
- Use
- Hotel
- Floors
- 17
- Built
- 1927
- Zoning
- C5-3 · built FAR 15.29 of 15
- Building
- 92,501 SF
- Lot
- 6,050 SF
- Assessed
- $10,476,450
Special District MiD
What changed
Recorded and self-reported changes detected June 3, 2026 → September 1, 2026 · derived September 1, 2026
No qualifying recorded change was detected for this building in Atlas's change-detection window (June 3, 2026 → September 1, 2026). This is a detection result, not a stability claim. Standing conditions may predate the window.
Ownership
- Owner of record
- 501 Lexington Development Company, Llc
- Last deed
- Recorded November 7, 2025 for $20M · from Timeshare Acquisitions at Lexington, LLC · to 501 Lexington Development Company, LLC · held ~0 years (derived from the deed date)
- State filing
- Foreign Limited Liability Company · formed April 13, 2023 · NYS DOS
- HPD registration
- last registered December 18, 2024, valid through September 1, 2025 · expired; contacts may be out of date
2 individuals named on file (HPD, DOB or state filings). Sign in to see them.
Sources & vintages
- DCP MapPLUTO / DOF assessment roll: owner of record · PLUTO bake (2026-07 pipeline): the recorded owner, often an entity; never beneficial ownership
- ACRIS: recorded deed · ACRIS as fetched (2026-07 pipeline)
- HPD multiple-dwelling registration: principals as filed · 2024-12-18: self-reported annual filing; names and roles only
- NYS DOS Active Corporations: entity filing · 2026-07-30: LLCs file no members; corporations may name a chairman/CEO
Recorded debt
Last recorded mortgage: November 22, 2022 · $31.1M (agreement recorded November 7, 2025 — the amount is the original note, not the current balance; ACRIS records the instrument, not its maturity)
Sources & vintages
- ACRIS: recorded mortgage instruments · ACRIS as fetched (2026-07 pipeline): ACRIS carries no maturity date
Open recorded matters
Open violations: 1 DOB · 1 ECB · HPD A 1 · B 0 · C 0 · latest April 29, 2026
Facade (FISP / Local Law 11): Safe with a repair and maintenance program (SWARMP) · cycle 9 · filed October 24, 2025.
Sources & vintages
- DOB / ECB / HPD: open violations · PLUTO bake (2026-07 pipeline)
- DOF: lien-sale eligibility list · as fetched (2026-07 pipeline)
- ACRIS judgments · DOB FISP/LL11 facade filings · as fetched (2026-07 pipeline)
Freshness
- PLUTO (lot, building, zoning, owner of record)PLUTO bake (2026-07 pipeline)
- ACRIS (deeds, mortgages, judgments)ACRIS as fetched (2026-07 pipeline)
- HPD / DOB / DOS filings (principals)2026-07-30
- Atlas change detection2026-09-01 · window 2026-06-03 → 2026-09-01
Everything on this page is drawn from the digitized public record for this lot. Where a section shows nothing, Atlas has no digitized record of that kind for this building.