Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,325,000

· Closed June 30, 2023

50 Lexington Avenue #16-D
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Closed For Sale Co-op

$1,325,000

50 Lexington Avenue #16-D

Kips Bay, Manhattan

MLS® #RLS10864292

RLS at REBNY

Listing by Elegran LLC

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1988

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1988
Ownership Co-op
Maintenance $1,919/mo
Neighborhood Kips Bay
Floor 16 of 26

Property Highlights

  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 16 of 26
Cooling Wall Units
Pets Yes
Cross Street East 24th Street/East 25th Street
Year Built 1988
Block/Lot 880/19

Description

Stunningly renovated split 2 bedroom, 2 bathroom apartment with excellent natural light in a co-op building with condo-like bylaws - including unlimited subletting. The apartment comes with modern finishes, brand new 8-inch white oak flooring, and a private balcony with breathtaking views. Enter a chic open space bathed in natural light and showcasing striking NYC views through the oversized windows and private balcony. A full bathroom and walk-in coat closet (California Closets) greets you as you enter the generous living space. The kitchen includes a dishwasher and features stainless steel appliances (Blomberg fridge), dark granite countertops, and brand new (2023 renovated) white lacquer cabinets. The primary bedroom accommodates a king bedroom set and includes a walk-in closet (also California Closets), extra built-in storage throughout, and a full ensuite bathroom. The second bedroom functions perfectly as a guest bedroom, nursery (current use), or a home office, depending on your needs. 50 Lexington is pet friendly and includes a full-time doorman, furnished roof deck, laundry room, an indoor pool, sauna, and fitness center, in addition to being surrounded by fine dining, cafes, bars, and beautiful parks, including Madison Square Park and Gramercy Park. Neighborhood: Eleven Madison Park, Gramercy Tavern, Hillstone, Eataly, Gem Saloon, Bhatti, Upland, Whole Foods, Trader Joe's Transportation: Steps away from 4, 5, 6, N, Q, R trains.

Features & Amenities

Interior Features

Dining Area Common Area

Exterior Features

Balcony Building Roof Deck Balcony

Building Information

Stories 26

Financial Details

Maintenance $1,919/mo
Sale Price $1,325,000
Previous Price $1,295,000

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 charming 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

104

Median Asking Price

$855K

Median $/Sqft

$1,755

Avg Days on Market

N/A

New This Week

9

Price Reduced

35%

Sold (30 Days)

10

Median Sale Price

$880K

Live data from RLS at REBNY • Updated 3/24/26, 1:05 PM EST

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Location

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50 Lexington Avenue #16-D, Kips Bay, New York County • Near East 24th Street/East 25th Street

Floor Plans

Floor Plan
MLS® ID: RLS10864292
First Listed: 4/10/2023
Price Changed: 7/6/2023
Closed: 6/30/2023
Contract Date: 4/10/2023

Listing Courtesy of Elegran LLC - Michael DiStasio

Listing Contact: (207) 899-9195

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 3/24/2026 at 5:05 PM UTC

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