$1,275,000
Updated 8 years ago
Sold

Gramercy North

50 Lexington Ave, 11-E

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

4 Rooms2 Beds2 Baths975 Square FeetCo-op

$1,275,000
Maintenance$1,993
Price Per SF
$1,308

This property was sold for $1,250,000 on 09/10/18.

Listing Features

  • Abundant Closets
  • BuiltIns
  • Corner Apartment
  • Entry Foyer
  • French Doors
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Flr-to-Clg Windows
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances
  • Windowed Kitchen
  • En Suite Bathroom
  • Marble Bathroom

Outdoor space and views

  • Terrace
  • City Views
  • Skyline Views
  • East Exposure
  • South 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, 11-E

50 Lexington Avenue #11E is a heavenly, and affordable, fully renovated two bedroom, two bath, high-floor apartment with glorious sunlight and skyline views from floor-to-ceiling windows. The super-sized balcony is just the cherry on top!
Investor friendly after one year and with no flip tax, this cooperative is run like a condo. In fact, its the only property like it in Gramercy/Flatiron priced under $1.3 million.
This spacious and civilized home has a full bath and large closet off the entry foyer. The king-sized master bedroom with en suite bath has two large closets as well as custom built-ins and cabinetry. The modern kitchen with granite counters, stainless appliances and a pass-through is bathed in sunlight from an over-sized window overlooking the balcony.
The ample living room with yet another closet and room for dining also benefits from the all-day light streaming in. The second, winged bedroom, with opaque glass French doors, in the southeast corner of the home has two full glass walls with views to the Met Life Building and beyond. The home also has maple hardwood floors, custom dimmable lighting and is pre-wired for cable in every room.
50 Lexington Avenue #11E is in an amenity-rich building with a full-time doorman, porters, a live-in super, a lap pool with a lifeguard, a health club and sauna, and a fabulous roof deck with 360 degree views all included in the maintenance. The central location is top-notch for both primary residents and investors, and the neighborhood is going through continued growth, with new luxury condominiums, hotels, an Equinox health club on the block, Madison Square Park and Eataly down the street, and some of the citys best restaurants and shopping. 50 Lexington Avenue #11E is a very flexible cooperative that allows purchasing for or with family members, guarantorsand pets. All showings require at least 24 hours notice.

Listing History for 50 Lexington Ave, 11-E

Now
09/11/2018
$1,250,000
Sold and Closed by Pamela Wolfe
Corcoran
06/14/2018
Contract Signed by Pamela Wolfe
Corcoran

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

Pamela Wolfe
Corcoran

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: 171567