Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

Listed at $1,299,000 · Sold 3.8% below asking · Closed April 5, 2017

50 Lexington Avenue #15-E
Closed For Sale Co-op

$1,299,000

50 Lexington Avenue #15-E

Kips Bay, Manhattan

MLS® #RLS10039610

RLS at REBNY

Listing by Warburg Realty Partnership Ltd.

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1988
Ownership Co-op
Maintenance $1,874/mo
Neighborhood Kips Bay
Floor 15 of 26

Property Highlights

  • Exposure: East,South facing
  • Outdoor Space: Terrace
  • Climate Control: Central Air

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 15 of 26
Exposure East,South
Cooling Central Air
Pets Yes
Cross Street East 24th Street/East 25th Street
Year Built 1988
Block/Lot 880/19

Listing History

Event Date Price Change
Listed Nov 2, 2016 $1,299,000 -
Currently May 6, 2026 $1,299,000 -

Description

ACCEPTED OFFER. Move right into this updated, sun flooded, two-bedroom apartment at 50 Lexington Avenue. Unit #15E has been recently updated with a beautiful opened kitchen and new granite counter tops. The floors were sanded and stained giving this home a fresh and modern look. Additional storage was created during the smartly executed renovation. Enjoy sitting in the sun or watching the City come alive at night from the terrace, which is located off the living room. Perched over Lexington Avenue, this unit has fantastic exposures both East and South and is perfect for entertaining!

The amenities that 50 Lexington Avenue offers include: a fitness center, swimming pool, sauna, and laundry room. There is a waiting list for private storage.

The coop permits gifting, co-purchasing, guarantors, and subletting. Pets and Pied-a-Terre are allowed as well.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Roof Deck Terrace

Building Information

Financial Details

Maintenance $1,874/mo
Sale Price $1,250,000

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, 2:02 PM EST

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Location

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50 Lexington Avenue #15-E, 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 $1,874 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) 416-7433
MLS® ID: RLS10039610
First Listed: 11/2/2016
Closed: 4/5/2017
Contract Date: 11/2/2016

Listing Courtesy of Warburg Realty Partnership Ltd. - Jason Haber

Listing Contact: (212) 203-9561

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 6:02 PM UTC

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