The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

4 Lexington Avenue, Unit 5P

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Lease start: September 1, 2026

A bright, generous studio in one of Manhattan’s most distinctive pre-war cooperatives. Residence 5P captures everything the neighborhood offers: light, character, and proximity to one of the city’s most coveted parks.

The apartment opens to a spacious living area defined by loft-like ceilings and three oversized north-facing windows overlooking 22nd Street. Hardwood flooring and generous natural light throughout.

Storage is exceptional for a studio-a generously proportioned closet plus building storage availability. This layout easily accommodates both living and sleeping, with room for a proper work space.

The Sage House itself sets the tone. Built in the early 1900s and meticulously maintained, it’s a full-service landmark cooperative with a 24-hour doorman, live-in superintendent, laundry room, and bike storage, and a storage room with lockers for rent, depending on availability. The lobby is grand; the building is quiet. You’re steps from Gramercy Park, with immediate access to Union Square, Madison Square Park, and some of the city’s best restaurants and shopping. The 4/5/6, R/W, N/Q, and L trains are all within a block.

Coop fees: Application Processing Fee (non refundable) $600.00

Building Application Fee (non refundable) $100.00

Credit Check Fee (non refundable) $125.00 per applicant

Move In Fee (non refundable) $500.00

Move In Deposit (refundable) $500.00

Digital Submission Fee (non refundable) $65.00

App Admin Fee (non refundable) 5% of total (excluding Digital Submission and Initiation Fees)



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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