$1,595,000
Updated 9 years ago
Off Market

Gramercy North

50 Lexington Ave, 27-A

Kips Bay, Manhattan | East 24th Street & East 25th Street

4 Rooms2 Beds2 BathsCo-op

$1,595,000
Maintenance$2,214

Listing Features

  • Entry Foyer
  • High Ceilings [10']
  • Penthouse/Top Flr
  • Security System
  • Track Lighting
  • Walk-in Closet
  • Dishwasher
  • Microwave
  • Pass Thru Kitchen
  • En Suite Bathroom

Outdoor space and views

  • Balcony
  • City Views
  • Skyline Views
  • West Exposure

Building Amenities

  • Full Service
  • Alarm System
  • Elevator
  • Fitness Facility
  • Health Club
  • Laundry Room
  • Pool
  • Roof Deck
  • Sauna
  • Storage

Policies

  • Pets Allowed. Case by Case
  • Pieds A Terre Ok

Property Description for 50 Lexington Ave, 27-A

Rarely Available Top Floor Penthouse at 50 Lexington in Gramercy!!

Located on the 27th floor, this bright and airy 2-bed / 2-bath home has beautiful western views onto the buildings surrounding Madison Square Park and is exceptionally well-laid out. Upon entering the space, there is a western facing kitchen and living/dining area that opens onto a private balcony. From the balcony you can see west towards Madison Square Park and north towards the Empire State and Chrysler Buildings. The large bedrooms easily accommodate king beds with nightstands and have ample closet space. Unit #27A is a truly great all-around living space with a place for everything and everything in its place. At this price and in this location, it doesn't get better than this! The kitchen and baths require updating, so bring your architect/designer to create your dream home. This is a once in a lifetime opportunity for either end-user or investor.

50 Lexington is a CONDOP full service building which allows flexible subletting after one year of occupancy. Pets are allowed with approval. Abundant amenities including: spectacular roof top terrace with panoramic views, indoor swimming pool, sauna, gym, laundry room, 24-hour doorman, live-in super and state-of-the-art security system.

Conveniently located on Lexington Ave between 24th & 25th Streets, 50 Lex is steps away from Gramercy Park, Madison Square Park and the Flatiron District. 50 Lex is nearest the 6,N,R and L trains, PATH and M23 crosstown bus. In the heart of a dynamic and vibrant neighborhood, the building is moments away from the golden triangle of restaurants: Eataly, Gramercy Tavern, Shake Shack, The Rose Bar at The Gramercy Park Hotel, Irving Farm Coffee Roasters, the Clocktower, SLS Hotel, Gansevoort Park Avenue and much more.

Building Details for 50 Lexington Ave

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1988
Financing Allowed80%
Floors/Apts26/182
Learn More About the Building

Transit and Citi Bike

Subway

23 St
0.14 miles
28 St
0.17 miles
23 St
0.28 miles
33 St
0.4 miles
28 St
0.41 miles

Citi Bike

Lexington Ave & E 24 St
0.02 miles
Lexington Ave & E 26 St
0.08 miles

Contact Agent

Contact Agent

Kips Bay | Manhattan

Quick Profile

If you take a walk through Kips Bay, which is loosely defined as the area between 23rd street and 34th street and the East River to almost Lexington, you’ll quickly learn it's a hodgepodge of sorts and not as well defined as other neighborhoods in New York City. Some New Yorkers say Kips Bay has an identity crisis because 1st, 2nd, and 3rd avenues are distinctly different from one another as you traverse them. Despite the perceived lack of neighborhood vibe there are others that appreciate its affordability and convenience.  

First Avenue is dominated by hospitals and hospital buildings such as NYU Medical Center and Bellevue Hospital to name a few. Second Avenue is a mosaic of convenience stores, fast food joints and nondescript brick buildings. Third Avenue is saturated with small bars and gastropubs and the twenty somethings that patronize them. 

No judgement against Kips Bay here. It’s a great neighborhood that is just as much a part of New York City as any other neighborhood. Kips Bay It’s bordered by Murray Hill to the North, Stuyvesant Town and Gramercy Park to the South, and Rose Hill to the West. The neighborhood is partly defined by newer high-rise apartments, brick rowhouses, and former tenement buildings. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1288159