Zhang Xin Acquires Mixed-Use Property At 1133 Lexington Avenue From Vanessa Arcara For $13.2M
1133 Lexington Avenue
$13,212,875
$3,775/SF
Building Size
3,500 SF
Asset Type
Mixed-use
Closing
Mar 6, 2026
AI
A mixed-use property located at 1133 Lexington Avenue in Lenox Hill, Manhattan, has been sold for $13,212,875. The property encompasses 3,500 square feet, resulting in a price per square foot of approximately $3,775. The sale was finalized on March 6, 2026, marking a significant transaction in the area.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $13,212,875
- Sale Date: March 6, 2026
- Address: 1133 Lexington Avenue
- Market: Lenox Hill, Manhattan
- Square Footage: 3,500
- Price per Square Foot: $3,775
- Buyer: Zhang Xin
- Seller: Vanessa Arcara
In this transaction, Zhang Xin acquired the property from Vanessa Arcara, highlighting the involvement of significant stakeholders in the deal. The transaction reflects an active real estate market, with both parties playing key roles in finalizing the sale.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93