509 LEXINGTON AVENUE
509 LEXINGTON AVENUE is a Class H1 (hotel) building in Manhattan (BBL 1013020051) built in 1929, with 1 residential unit across 25 floors.
The building is in NYC community district 106, council district 4, zoning district C6-6, on a 17,522-square-foot lot with a building footprint of 314,568 square feet.
The current registered owner of record per NYC PLUTO is LEXINGTON HOTEL OWNER LLC.
The most recent ACRIS deed transfer for this BBL was recorded on June 30, 2021 when DIAMONDROCK NY LEX OWNER, LLC; DIAMONDROCK NY LEX TENANT, LLC conveyed the property to LEXINGTON HOTEL OWNER LLC for $173.46M. The transaction was financed with a mortgage from Hps Investment Partners, Llc.
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
HPD registered contacts
- Head OfficerWilliam White
- Corporate OwnerLexington Hotel Owner LLC
- Managing AgentMCR Opportunity Fund Property Management LLC
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- C6-6
- Lot size:
- 17,522 sqft
- Building area:
- 314,568 sqft
- Floors:
- 25
- Assessed value:
- $63.1M
- Community district:
- 106
- Council district:
- 4
HPD violations
Recent HPD violation details
- Class AInspected Jun 4, 2025(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 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 AInspected Apr 1, 2024(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 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…
Recent ACRIS activity
Frequently asked questions about 509 LEXINGTON AVENUE
Who owns 509 LEXINGTON AVENUE?
The current registered owner of record for 509 LEXINGTON AVENUE per NYC PLUTO is LEXINGTON HOTEL OWNER LLC. The most recent ACRIS deed transfer for this BBL was recorded on June 30, 2021 when the property was conveyed to LEXINGTON HOTEL OWNER 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 509 LEXINGTON AVENUE last sold?
The most recent ACRIS deed transfer for 509 LEXINGTON AVENUE was recorded on June 30, 2021, when DIAMONDROCK NY LEX OWNER, LLC; DIAMONDROCK NY LEX TENANT, LLC conveyed the property to LEXINGTON HOTEL OWNER LLC for $173.46M. The transaction was financed with a mortgage from Hps Investment Partners, Llc.
How many HPD violations does 509 LEXINGTON AVENUE have?
No open HPD housing-maintenance code violations are on record for 509 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 509 LEXINGTON AVENUE?
NYC Department of Finance assesses 509 LEXINGTON AVENUE at $63.15M 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 509 LEXINGTON AVENUE and what does that mean?
509 LEXINGTON AVENUE is NYC building class H1 — 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.