SOLD FOR $1,225,000
· Closed January 9, 2018
50 Lexington Avenue #12-E
MLS® #RLS10049133
Listing by Martini Real Estate
1
Bedroom
2
Baths
N/A
Sq. Ft.
1988
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: East,South facing
- Outdoor Space: Balcony
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 4, 2017 | $1,225,000 | - |
| Price Reduced | Sep 30, 2017 | $1,268,000 | +3.5% |
Description
Welcome home to this extra large renovated corner 1 bedroom / 2 bathroom apartment easily convertible into a comfortable 2 bedroom (please see alternative floorplan).
Enjoy your private 100 sq/foot balcony and plenty of natural light thanks to the south/east exposure and oversized bay windows.
New Bamboo floors throughout the apartment and the windowed, open, eat-in kitchen was designed with all new stainless steel appliances: F.lli Bertazzoni Stove, Subzero Refrigerator, Instant Hot, Seafoam glass backsplash, Silestone Counter Tops, Dishwasher and Microwave/Convection Oven.
You also have 2 Full bathrooms, one with a tub and a shower, and the second in-suite with a large custom shower.
Individual Climate Control: 3 HVAC units throughout the apartment providing air conditioning and heating (the second bedroom would have its own HVAC unit)
Superior closet space: 4 large customized California Closets (One is a walk in), and in the master bedroom you will find a very elegant customized vanity and desk with a granite top and built-in storage.
Close to all major transit: Subway lines 4,5,6,N,R,W and 23rd Street cross-town buses are all within a couple of blocks.
Trendy Madison Square Park, Union Square and Gramercy Park are all just minutes away.
50 LEX is a full-service luxury Condop with a 24/7 doorman, a superintendent who lives in the building, a gym, a swimming pool with sauna, an amazing roof deck with 360-degree views of Manhattan, a laundry room, and a state-of-the-art security system (All included in your monthly maintenance). 50 Lexington Avenue is truly a great place to live in, right in the middle of it all, in one of the best neighborhoods of New York City.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Kips Bay
View All Kips Bay ListingsKips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.
Kips Bay Live Market Data
View NeighborhoodActive Listings
130
Median Asking Price
$850K
Median $/Sqft
$1,450
Avg Days on Market
N/A
New This Week
9
Price Reduced
30%
Sold (30 Days)
21
Median Sale Price
$800K
Live data from RLS at REBNY • Updated 5/6/26, 12:22 PM EST
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Location
50 Lexington Avenue #12-E, Kips Bay, New York County • Near East 24th Street/East 25th Street
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $1,943 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) 416-7433Listing Courtesy of Martini Real Estate - Marco Martini
Listing Contact: (917) 771-4312
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 Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 4:22 PM UTC