Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $580,000

· Sold at asking price · Closed December 2, 2024

SOLD: 61 Lexington Avenue #1A
SOLD $580,000
Sold Condo

$580,000

$1,365 per sq ft

61 Lexington Avenue #1A

Kips Bay, Manhattan

MLS® #RLS11006150

RLS at REBNY

Listing by Compass

Studio

1

Bath

425

Sq. Ft.

1930

Year Built

Sale Details

Sale Price $580,000
Original List Price $580,000
First Listed At $599,000
Close Date December 2, 2024
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 1
Living Area 425 sq ft
Year Built 1930
Ownership Condo
Common Charges $415/mo
Property Taxes $13,320/yr
Neighborhood Kips Bay
Floor 1 of 7

Description

Whether you're seeking a primary residence or a professional workspace, this investor-friendly commercial condominium offers exceptional flexibility to cater to investors, pied-a-terre seekers, business owners or someone looking for a primary residence in the heart of Gramercy. This apartment has just undergone a gut renovation and offers a dynamic floor plan with pocket doors to separate the two spaces framed by two oversized western-facing picture windows. Other features include custom kitchen cabinetry with ample storage, a gas range, built-in dishwasher, and built-in refrigerator all outfitted with custom paneling. The bathroom is outfitted with a modern glass stall shower and white subway tiling. Recessed lighting throughout and through-the-wall air conditioning complete the space. For those interested in commercial use, there is a second egress with a semi-private entrance from Lexington Avenue with the opportunity to install an awning with signage.This configuration ensures privacy and convenience for commercial use. 61 Lexington Avenue is an elevator building with a live-in superintendent, common laundry room, and video intercom. The building allows for immediate and unlimited subletting, pied-à-terres, co-purchasers, and gifting.

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Cooling Other
Year Built 1930
Living Area 425 sq ft
Flooring Hardwood

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RLS at REBNY

Listing courtesy of Piers Portfolio at Compass. 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. This 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.

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