1
   
                                                                Exhibit No. 23.2

    
   


                         Consent of Independent Auditors

    
   

      We consent to the reference to our firm under the captions "Experts",
"CRIT Historical Financial Data", and "Selected Financial Data" in the
Registration Statement (Form S-4 No. 333-30307) and related Proxy
Statement/Prospectus of Lexington Corporate Properties, Inc. for the
registration of 1,496,959 shares of its common stock and to the incorporation by
reference therein of our report dated January 29, 1997, with respect to the
financial statements and schedule of Corporate Realty Income Trust I included in
its Form 10-K for the year ended December 31, 1996, filed with the Securities
and Exchange Commission.
    
   








                      /S/  Ernst & Young LLP
                      ----------------------
                      Ernst & Young LLP


    
   



New York, New York
October 15, 1997