Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $660,000

· Closed March 17, 2015

50 Lexington Avenue #18-B
Closed For Sale Co-op

$660,000

$1,200 per sq ft

50 Lexington Avenue #18-B

Kips Bay, Manhattan

MLS® #RLS10034840

RLS at REBNY

Listing by RealDirect Brokerage Services

1

Bedroom

1

Bath

550

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 550 sq ft
Year Built 1988
Ownership Co-op
Maintenance $937/mo
Neighborhood Kips Bay
Floor 18 of 26

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 18 of 26
View City
Exposure West
Cooling Wall Units
Pets Yes
Cross Street East 24th Street/East 25th Street
Year Built 1988
Living Area 550 sq ft
Block/Lot 880/19

Listing History

Event Date Price Change
Listed Oct 17, 2014 $660,000 -
Price Reduced Dec 10, 2014 $649,000 -1.7%

Description

Renovated luxury Cond-op w/ Terrace, Pool and Roof Deck

Bright and sunny high floor, newly renovated Flatiron cond-op. Private balcony with staggering views of Empire State building and other landmarks. Wide plank light maple wooden floors throughout. New windows and balcony door.

Abundance of closet space, all closets custom fitted with Elfa system and ceiling height doors

Kitchen features open layout with Silestone quartz countertops and peninsula with built-in cooktop and bar seating, Spanish porcelain, European stainless steel appliances and fixtures. Bathroom features Grohe & Toto fixtures, custom vanity with quartz countertop, rain shower, Spanish porcelain & mosaic tile.

Bedroom features full height Raudoor sliding door, built-in glass bookcase and desk.

The apartment is wired for broadband and includes custom dimmable recessed ceiling lighting.

Full service building with 24/7 doormen and wonderful staff, rooftop sun/deck with spectacular 360-degree views, indoor swimming pool, sauna and fitness center, central laundry. Dog friendly. Private storage space.

Investor friendly, Pied-a-terres, guarantors and co-purchases permitted.

Ideally located at intersection of Gramercy, Flatiron, NoMAD and Curry Hill. Steps away from Gramercy, Madison. Union Square Parks and picturesque Irving Place.

Steps to 6, N, R and Path trains and numerous buses.

Features & Amenities

Interior Features

Common Area New Windows

Exterior Features

Balcony Building Roof Deck Balcony

Building Information

Financial Details

Maintenance $937/mo
Sale Price $660,000
Previous Price $649,000

Kips 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 Neighborhood

Active 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, 7:57 PM EST

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Location

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50 Lexington Avenue #18-B, Kips Bay, New York County • Near East 24th Street/East 25th Street

Floor Plans

Floor Plan 1

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 $937 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 550 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $660,000 for 550 sq ft, the asking price per square foot is approximately $1,200. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10034840
First Listed: 10/17/2014
Price Changed: 12/10/2014
Closed: 3/17/2015
Contract Date: 10/17/2014

Listing Courtesy of RealDirect Brokerage Services - Douglas Perlson

Listing Contact: (917) 597-9181

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 5/6/2026 at 11:57 PM UTC

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