SOLD FOR $1,425,000
· Closed February 20, 2018
50 Lexington Avenue #27A
MLS® #RLS10467498
Listing by The Corcoran Group
2
Bedrooms
2
Baths
N/A
Sq. Ft.
1988
Year Built
Quick Summary
Property Highlights
- Views: City
- Exposure: West facing
- Outdoor Space: Balcony
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 13, 2017 | $1,595,000 | - |
| Currently | Jun 5, 2026 | $1,425,000 | -10.7% |
Description
Rarely Available Top Floor Penthouse at 50 Lexington in Gramercy!!
Located on the 27th floor, this bright and airy 2-bed / 2-bath home has beautiful western views onto the buildings surrounding Madison Square Park and is exceptionally well-laid out. Upon entering the space, there is a western facing kitchen and living/dining area that opens onto a private balcony. From the balcony you can see west towards Madison Square Park and north towards the Empire State and Chrysler Buildings. The large bedrooms easily accommodate king beds with nightstands and have ample closet space. Unit #27A is a truly great all-around living space with a place for everything and everything in its place. At this price and in this location, it doesn't get better than this! The kitchen and baths require updating, so bring your architect/designer to create your dream home. This is a once in a lifetime opportunity for either end-user or investor.
50 Lexington is a CONDOP full service building which allows flexible subletting after one year of occupancy. Pets are allowed with approval. Abundant amenities including: spectacular roof top terrace with panoramic views, indoor swimming pool, sauna, gym, laundry room, 24-hour doorman, live-in super and state-of-the-art security system.
Conveniently located on Lexington Ave between 24th & 25th Streets, 50 Lex is steps away from Gramercy Park, Madison Square Park and the Flatiron District. 50 Lex is nearest the 6,N,R and L trains, PATH and M23 crosstown bus. In the heart of a dynamic and vibrant neighborhood, the building is moments away from the golden triangle of restaurants: Eataly, Gramercy Tavern, Shake Shack, The Rose Bar at The Gramercy Park Hotel, Irving Farm Coffee Roasters, the Clocktower, SLS Hotel, Gansevoort Park Avenue and much more.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy 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 NeighborhoodActive Listings
176
Median Asking Price
$1.40M
Median $/Sqft
$1,732
Avg Days on Market
N/A
New This Week
6
Price Reduced
30%
Sold (30 Days)
25
Median Sale Price
$1.34M
Live data from RLS at REBNY • Updated 6/5/26, 4:16 AM EST
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Location
50 Lexington Avenue #27A, Gramercy Park, New York County • Near PARK AVENUE SOUTH and LEXINGTON AVENUE
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 $2,214 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms 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 The Corcoran Group - Shakti C'Ganti
Listing Contact: (212) 444-7873
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 6/5/2026 at 8:16 AM UTC