Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,075,000

· Closed May 10, 2017

50 Lexington Avenue #8D
Closed For Sale Co-op

$1,075,000

50 Lexington Avenue #8D

Gramercy Park, Manhattan

MLS® #RLS10101846

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

2

Baths

N/A

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Year Built 1988
Ownership Co-op
Maintenance $1,582/mo
Neighborhood Gramercy Park
Floor 8 of 26

Property Highlights

  • Views: City
  • Exposure: East facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 8 of 26
View City
Exposure East
Cooling Central Air
Pets Yes
Cross Street PARK AVENUE SOUTH and LEXINGTON AVENUE
Year Built 1988
Parcel # 0880-0019-00050-000-000008D

Listing History

Event Date Price Change
Listed Sep 7, 2016 $1,195,000 -
Price Reduced Dec 6, 2016 $1,149,000 -3.8%
Currently Jun 5, 2026 $1,075,000 -6.4%

Description

50 Lexington Avenue, Apt. 8D is a spacious, convertible 2-bedroom home with 2 full baths, outdoor space and tasteful renovation throughout! Entering this sunny apartment youll be greeted by the first of 2 walk-in closets and a living area featuring hardwood floors and a balcony. Adjacent to the living area is an open dining area and a renovated kitchen that features custom cabinets, stainless steel appliances, granite counter tops, ceramic tile floors, plenty of counter space, recessed lighting and a pass-through counter/bar into the living room that makes it perfect for entertaining. The oversized master suite has its own separate bath, walk-in closet and plenty of privacy. Currently configured as a 1-bedroom, the versatile dining area can be converted into a second bedroom to accommodate your own tastes and needs.50 Lexington is a 24-hour doorman building that features a flexible subletting policy, lap pool, gym, sauna and furnished roof deck. Parents buying and pied-a-terres are allowed, as are pets. All this in a great Gramercy location thats close to Madison Square Park, Union Square, multiple subways and all the great restaurants and night life the area has to offer!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Balcony

Building Information

Financial Details

Maintenance $1,582/mo
Original Price $1,195,000
Sale Price $1,075,000
Previous Price $1,149,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

177

Median Asking Price

$1.40M

Median $/Sqft

$1,732

Avg Days on Market

N/A

New This Week

6

Price Reduced

31%

Sold (30 Days)

26

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 6/5/26, 5:14 PM EST

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Location

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50 Lexington Avenue #8D, Gramercy Park, New York County • Near PARK AVENUE SOUTH and LEXINGTON AVENUE

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1987
Year Built
39 years old
26
Floors
185
Residential Units
C5-2
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $23,962,500
Land Value: $3,735,000
Exemptions: $22,900

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,837 SF
Building Area: 150,340 SF
Built FAR: 11.71
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,582 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 2 full bathrooms.

According to MLS records, the building was constructed in 1988, making it approximately 38 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10101846
First Listed: 9/7/2016
Price Changed: 12/6/2016
Closed: 5/10/2017
Contract Date: 9/7/2016

Listing Courtesy of The Corcoran Group - Steve Millhollon

Listing Contact: (917) 488-8096

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/5/2026 at 9:14 PM UTC

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