$580,000
Updated 2 years ago
Sold

61 Lexington Ave, 1-A

Kips Bay, Manhattan | East 25th Street & East 26th Street

Studio 1 Bath425 Square FeetCo-op

$580,000
Maintenance$415
Price Per SF
$1,365

Listing Features

  • Exposed Brick
  • Hardwood Floors
  • Pocket Doors
  • Private Entrance
  • Recessed Lighting
  • Picture Windows
  • Dishwasher
  • Gourmet Kitchen
  • S Steel Appliances
  • Stall Shower

Outdoor space and views

  • West Exposure

Building Amenities

  • Video Intercom
  • Elevator
  • Laundry Room

Policies

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

Property Description for 61 Lexington Ave, 1-A

Whether you're seeking a primary residence or a professional workspace, this investor-friendly commercial condominium offers exceptional flexibility to cater to investors, pied-a-terre seekers, business owners or someone looking for a primary residence in the heart of Gramercy. This apartment has just undergone a gut renovation and offers a dynamic floor plan with pocket doors to separate the two spaces framed by two oversized western-facing picture windows. Other features include custom kitchen cabinetry with ample storage, a gas range, built-in dishwasher, and built-in refrigerator all outfitted with custom paneling. The bathroom is outfitted with a modern glass stall shower and white subway tiling. Recessed lighting throughout and through-the-wall air conditioning complete the space. For those interested in commercial use, there is a second egress with a semi-private entrance from Lexington Avenue with the opportunity to install an awning with signage.This configuration ensures privacy and convenience for commercial use. 61 Lexington Avenue is an elevator building with a live-in superintendent, common laundry room, and video intercom. The building allows for immediate and unlimited subletting, pied-à-terres, co-purchasers, and gifting.

Listing History for 61 Lexington Ave, 1-A

Now
12/03/2024
$580,000
Sold and Closed by Piers Portfolio
Compass
10/27/2024
Contract Signed by Piers Portfolio
Compass

Building Details for 61 Lexington Ave

OwnershipCo-op
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built1980
Financing Allowed90%
Floors/Apts7/40
Learn More About the Building

Transit and Citi Bike

Subway

28 St
0.16 miles
23 St
0.17 miles
23 St
0.3 miles
33 St
0.37 miles
28 St
0.42 miles

Citi Bike

Lexington Ave & E 24 St
0.05 miles
Lexington Ave & E 26 St
0.05 miles

Contact Agents

Contact Agents

Julie Park
Compass

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: 37358