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NYC Building Records · BBL 1013020021

501 LEXINGTON AVENUE

Manhattan · Block 1302 · Lot 21 · Hotel (Class H3)

501 LEXINGTON AVENUE is a Class H3 (hotel) building in Manhattan (BBL 1013020021) built in 1927, with 4 residential units across 17 floors.

The building is in NYC community district 106, council district 4, zoning district C5-3, on a 6,050-square-foot lot with a building footprint of 92,501 square feet.

The current registered owner of record per NYC PLUTO is 501 LEXINGTON DEVELOPMENT COMPANY, LLC.

The most recent ACRIS deed transfer for this BBL was recorded on October 31, 2025 when TIMESHARE ACQUISITIONS AT LEXINGTON, LLC conveyed the property to 501 LEXINGTON DEVELOPMENT COMPANY, LLC for $19.96M. The transaction was financed with a mortgage from Timeshare Acquisitions At Lexington, Llc; Western Alliance Bank.

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.

Owner of record

501 LEXINGTON DEVELOPMENT COMPANY, LLC
HPD-registered head officer: BERT BLICHER

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerBERT BLICHER
  • Corporate OwnerTIMESHARE ACQUISITIONS AT LEXINGTON, LLC
  • Managing AgentHOLIDAY INN CLUB VACATIONS INCORPORATED
  • Site ManagerRAJESH NAIR

Most recent deed

Last transferred on Oct 31, 2025 for $20.0M to 501 LEXINGTON DEVELOPMENT COMPANY, LLC.
Previous owner: TIMESHARE ACQUISITIONS AT LEXINGTON, LLC
Mortgage: Not disclosed recorded Oct 31, 2025 with Timeshare Acquisitions At Lexington, Llc; Western Alliance Bank.
🔒 See all transfers before the 2025 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Oct 31, 2025DEED$20.0MParties redacted — full names in MetroDeeds Scout+
Oct 31, 2025AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Jan 24, 2024AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
Jan 24, 2024DEED$30.3MParties redacted — full names in MetroDeeds Scout+
Nov 15, 2022MTGE$10.9MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
4
Year built
1927
Class
H3
Borough
Manhattan
Zoning:
C5-3
Lot size:
6,050 sqft
Building area:
92,501 sqft
Floors:
17
Assessed value:
$10.5M
Community district:
106
Council district:
4

HPD violations

0 open
Most severe class on record: Class A
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class AInspected Apr 29, 2026
    (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…
  • Class IInspected Nov 17, 2025
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Nov 22, 2024
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class IInspected Nov 15, 2023
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Mar 15, 2023
    (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…
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Oct 31, 2025).

Frequently asked questions about 501 LEXINGTON AVENUE

Who owns 501 LEXINGTON AVENUE?

The current registered owner of record for 501 LEXINGTON AVENUE per NYC PLUTO is 501 LEXINGTON DEVELOPMENT COMPANY, LLC. The most recent ACRIS deed transfer for this BBL was recorded on October 31, 2025 when the property was conveyed to 501 LEXINGTON DEVELOPMENT COMPANY, LLC. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.

When was 501 LEXINGTON AVENUE last sold?

The most recent ACRIS deed transfer for 501 LEXINGTON AVENUE was recorded on October 31, 2025, when TIMESHARE ACQUISITIONS AT LEXINGTON, LLC conveyed the property to 501 LEXINGTON DEVELOPMENT COMPANY, LLC for $19.96M. The transaction was financed with a mortgage from Timeshare Acquisitions At Lexington, Llc; Western Alliance Bank.

How many HPD violations does 501 LEXINGTON AVENUE have?

No open HPD housing-maintenance code violations are on record for 501 LEXINGTON AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 501 LEXINGTON AVENUE?

NYC Department of Finance assesses 501 LEXINGTON AVENUE at $10.48M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.

What building class is 501 LEXINGTON AVENUE and what does that mean?

501 LEXINGTON AVENUE is NYC building class H3 — Hotel. Hotel. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.

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