Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $555,000

· Closed September 12, 2025

50 Lexington Avenue #2A
Closed For Sale Co-op

$555,000

50 Lexington Avenue #2A

Flatiron, Manhattan

MLS® #RLS20020733

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1987

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1987
Ownership Co-op
Maintenance $1,182/mo
Property Taxes $14,184/yr
Neighborhood Flatiron
Floor 2 of 26

Property Highlights

  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 2 of 26
Heating Wall Furnace
Cooling Wall Units
Pets Yes
Year Built 1987
Structure Type HighRise,MultiFamily
Furnished Unfurnished
Parcel # 0880-0019-00050-000-000002A
Block/Lot 00880/0019

Listing History

Event Date Price Change
Listed May 1, 2025 $575,000 -
Currently May 9, 2026 $555,000 -3.5%

Description

Opportunity to own an alcove studio in a full-service co-operative with 24-hour door staff, live-in Superintendent, gym, pool, sauna, central laundry and a fabulous roof deck. Residence 2A offers a spacious layout with a recently-renovated kitchen and abundant closet space. 50 Lexington boasts a prime Gramercy location with convenient 6/N/W/R subway lines and M23 crosstown bus for easy commuting, plus shopping, restaurants, nightlife, Madison Square Park, Eataly, Whole Foods, and Trader Joes all within close proximity.

Features & Amenities

Interior Features

Sauna Common On Floor Common Area

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 185
Stories 26
Structure HighRise,MultiFamily

Financial Details

Maintenance $1,182/mo
RE Taxes $14,184/yr ($1,182/mo)
Original Price $575,000
Sale Price $555,000
Previous Price $575,000

The Flatiron District is a busy intersection of history, technology, and luxury living. Named after the iconic Flatiron Building, the neighborhood is centered around Madison Square Park and is a hub for the city's 'Silicon Alley.' The real estate market is famous for its grand cast-iron loft buildings with high ceilings and expansive floor plans, alongside ultra-luxury glass towers that offer modern amenities and central Manhattan convenience.

Flatiron Live Market Data

View Neighborhood

Active Listings

134

Median Asking Price

$2.25M

Median $/Sqft

$1,761

Avg Days on Market

N/A

New This Week

14

Price Reduced

31%

Sold (30 Days)

11

Median Sale Price

$2.16M

Live data from RLS at REBNY • Updated 5/9/26, 10:51 AM EST

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Location

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50 Lexington Avenue #2A, Flatiron, New York County

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 $1,182 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,184, or roughly $1,182 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1987, making it approximately 39 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 [email protected]. 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: RLS20020733
First Listed: 5/1/2025
On Market: 5/1/2025
Price Changed: 9/12/2025
Closed: 9/12/2025
Contract Date: 2/4/2025

Listing Courtesy of Compass - AnneMarie Nasello

Listing Contact: (917) 292-0010

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 5/9/2026 at 2:51 PM UTC

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