Milton Coste

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(917) 416-7433

SOLD FOR $580,000

· Closed December 2, 2024

61 Lexington Avenue #1A
Looking for something similar?
Closed For Sale 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

Quick Summary

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

Property Highlights

  • Exposure: West facing
  • Climate Control: Other
  • Character: Pre-war building (1930)

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 1 of 7
Exposure West
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1930
Living Area 425 sq ft
Structure Type MixedUse
Flooring Hardwood
Furnished Unfurnished
Parcel # 0881-1008
Block/Lot 00881/0000

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.

Features & Amenities

Interior Features

Recessed Lighting Common On Floor Common Area Flooring: Hardwood

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Total Units 40
Stories 7
Structure MixedUse

Financial Details

Common Charges $415/mo
RE Taxes $13,320/yr ($1,110/mo)
Original Price $599,000
Sale Price $580,000
Previous Price $599,000

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

103

Median Asking Price

$860K

Median $/Sqft

$1,729

Avg Days on Market

N/A

New This Week

7

Price Reduced

36%

Sold (30 Days)

10

Median Sale Price

$880K

Live data from RLS at REBNY • Updated 3/23/26, 11:33 PM EST

Similar Listings in Kips Bay

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Location

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61 Lexington Avenue #1A, Kips Bay, New York County

MLS® ID: RLS11006150
First Listed: 9/3/2024
On Market: 9/3/2024
Price Changed: 12/3/2024
Closed: 12/2/2024
Contract Date: 8/20/2024

Listing Courtesy of Compass - Piers Portfolio

Listing Contact: (201) 739-6344

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 3:33 AM UTC

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