Gramercy North

50 Lexington Avenue, 2F

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

Price Drop
Co-op [Full Service]
$ 639,000 [ 1.54% | $ 10,000 ]
Rooms 2.5
Bathrooms 1
Status Active
Maintenance [Monthly] $ 1,100
Financing Allowed 80%
Listing ID: 113193

Property Description

Beautiful large studio that can be configured into a one bedroom. The high end renovations begin with a gorgeous cut-out counter kitchen with stainless steel appliances to beautiful blond plank wood floors and convenient storage and shelving in the bathroom. This home is surprisingly quiet for being so close to city action. There is a wall of windows facing tree top views, and the apartment gets lots of sunshine. This apartment comes furnished or unfurnished.



Completed in 1987, 50 Lex offers a spectacular roof top terrace with panoramic views, swimming pool, sauna, gym, laundry room, 24-hour doorman, live-in super, and state-of-the-art security system.



The co-op operates like "condop" with very few restrictions on renting/subletting. We have been able to earning a significant profit by renting the unit out for the past ~3 years since purchase, and we can provide data of sales and rentals in this investment-friendly building for a much longer period of time. It's worth noting that the building provides heat, resulting in very modest utility bills during the cooler months.



Showings can now take place in person!





Beautiful large studio that can be configured into a one bedroom. The high end renovations begin with a gorgeous cut-out counter kitchen with stainless steel appliances to beautiful blond plank wood floors and convenient storage and shelving in the bathroom. This home is surprisingly quiet for being so close to city action. There is a wall of windows facing tree top views, and the apartment gets lots of sunshine. This apartment comes furnished or unfurnished.



Completed in 1987, 50 Lex offers a spectacular roof top terrace with panoramic views, swimming pool, sauna, gym, laundry room, 24-hour doorman, live-in super, and state-of-the-art security system.



The co-op operates like "condop" with very few restrictions on renting/subletting. We have been able to earning a significant profit by renting the unit out for the past ~3 years since purchase, and we can provide data of sales and rentals in this investment-friendly building for a much longer period of time. It's worth noting that the building provides heat, resulting in very modest utility bills during the cooler months.



Showings can now take place in person!






Listing Courtesy of Spire Group Inc.

Care to take a look at this property?

Apartment Features

A/C [Window Units]
50 Lexington Avenue Kips Bay New York NY 10010

Building Details [50 Lexington Avenue]

Ownership Co-op
Service Level Full Service
Access Elevator
Pet Policy Case By Case
Block/Lot 880/19
Building Type High-Rise
Age Post-War
Year Built 1988
Floors/Apts 26/182

Building Amenities

Alarm System
Fitness Facility
Health Club
Laundry Rooms
Pool
Private Storage
Roof Deck
Sauna

Building Statistics

$ 2,081 APPSF

Active Sale Listings

$ 1,389 APPSF

Contracts Signed

Mortgage Calculator in [US Dollars]

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2020 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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.