Property Condition Assessments: The Name That Has Set The Standard For over 27 Years.
Location
575 Lexington Avenue, Manhattan, NY
Total Buildings
1
Total Sqft:
739040
PCA conducted a Property Condition Assessment of 575 Lexington Avenue, a 35-story high-rise office building in Manhattan, New York. The property was originally constructed in 1958 and totals approximately 739,040 square feet on a 0.386-acre site, with 18 elevators serving the tower.
The engagement included architectural, mechanical/electrical/plumbing/fire-life-safety, and vertical transportation evaluations performed under ASTM E2018 protocols. PCA documented observed conditions across the building envelope, interior architectural components, and core building systems, and produced a reserve estimate for elevator replacement timing as part of the vertical transportation assessment. The consolidated findings quantified deferred maintenance and remaining-useful-life projections, giving the client a defensible basis for prioritizing immediate repairs and sizing capital reserves for the property’s principal systems.