Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,450,000

· Closed January 2, 2020

61 Lexington Avenue #4/5D
Closed For Sale Co-op

$1,450,000

61 Lexington Avenue #4/5D

Kips Bay, Manhattan

MLS® #RLS10578061

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1980

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1980
Ownership Co-op
Maintenance $2,724/mo
Neighborhood Kips Bay
Floor 4 of 7

Property Highlights

  • Exposure: South,West facing
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 4 of 7
Exposure South,West
Cooling Wall Units
Pets Yes
Cross Street East 25th Street/East 26th Street
Year Built 1980
Block/Lot 881/7501

Listing History

Event Date Price Change
Listed Jun 13, 2019 $1,450,000 -
Currently May 6, 2026 $1,450,000 -

Description

Incredible value & Big Price Drop! 4/5D Is a bright, sunny, south & west Facing duplex in Gramercy. This is a beautifully renovated 3, Flex 4 bedroom apartment with dining area or bonus office. (Please note these are staged photos) The inviting entryway foyer leads into a nice sized living room with an open kitchen featuring Bosch & Miele appliances. Downstairs you will also find a dining area, 1 corner king bedroom facing southwest & a full bathroom with top of the line fixtures & a Jacuzzi tub. Upstairs is a second king corner bedroom, a queen bedroom facing south, a twin bedroom/ home office (6'5 X 11'9), washer dryer hook up & another full bath. The apartment has great closet space, beautiful dark hardwood floors throughout, & through the wall air conditioners in most rooms. This co-op has the following guidelines: allows pied a tierres, parents purchasing for adult children, guarantors, co-purchasing, gifting & Investors! Investors can rent from day 1. Purchasing in an LLC is case by case. Board approval is required for purchasing and renting.


This co-op has commercial condominium units on the first 3 floors.


Located on a closed street, so no street traffic! Enjoy being close to the subway, Trader Joes, Fairway & great restaurants. Live in Super & Laundry in basement. Sorry NO PETS. Tenants in place until 11/31/19. ENTRANCE ON 25TH st B/W 3rd & Lex.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $2,724/mo
Sale Price $1,450,000

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

131

Median Asking Price

$850K

Median $/Sqft

$1,471

Avg Days on Market

N/A

New This Week

10

Price Reduced

30%

Sold (30 Days)

21

Median Sale Price

$800K

Live data from RLS at REBNY • Updated 5/6/26, 8:13 AM EST

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Location

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61 Lexington Avenue #4/5D, Kips Bay, New York County • Near East 25th Street/East 26th Street

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
7
Floors
40
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $5,230,350
Land Value: $884,248
Exemptions: $6,870

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

Lot Area: 4,723 SF
Building Area: 30,424 SF
Built FAR: 6.44
Allowed FAR: 6.02

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 $2,724 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1980, making it approximately 46 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: RLS10578061
First Listed: 6/13/2019
Closed: 1/2/2020
Contract Date: 6/13/2019

Listing Courtesy of Compass - Sindy Sanchez

Listing Contact: (516) 220-2255

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 12:13 PM UTC

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