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Gramercy North, 50 Lexington Avenue, NYC - Condo Apartments
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50 Lexington Avenue
NEW DEVELOPMENT

Gramercy North,
50 Lexington Avenue

Doorman Condop located in Gramercy Park, between East 24th Street & East 25th Street

$1,342 Avg. price/ft2 Recent Sales
(past 12 months)
  • Apartments For Sale (1)
  • For Rent (1)
  • Recent Sales (30)
  • All Units in Building (184)
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Overview of Gramercy North at 50 Lexington Avenue

Gramercy North is a 26-story, 184-unit postwar condop located at 50 Lexington Avenue. The building is close to Madison Square Park, Gramercy Park, Union Square, Eataly, Trader Joe's, Whole Foods, and the 6 and N/R/W trains at 23rd Street. The building has a flexible sublet policy and allows pied-a-terres, gifting, parents buying with and for children, and pets.

Year Built
1987
Apartments
184
Floors
26
Pets: Allowed
Neighborhood
Min Down
20%
184Apartments
View All Past
Sales & Rentals
in Building

Amenities

  • FT Doorman
  • Resident Storage
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Outdoor Entertainment Space
  • Live-In Superintendent
  • Terraces / Balconies

Shh... Many units sell without being publicly listed.

Learn more about off-market listings at Gramercy North!

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Nearby Subways

  1. 6
at Park Ave 0.13 miles
  1. N
  2. R
at Broadway 0.27 miles
  1. Q
  2. 4
  3. 5
  4. L
at Broadway and 16th 0.47 miles
  1. M
  2. F
at 6th Ave 0.48 miles

Carter’s Review

"Close to Gramercy and Madison Square parks, this 26-story building was erected as a cooperative in 1987 and has 185 apartments. The tower, setback in its plaza, is dramatic views from its upper floors of many surrounding landmarks such as Metropolitan Life Insurance Company Building on Madison Square and the Con Edison Tower on 14th Street. Its form is very nicely modulated with many balconies and corner bay windows that give it a very robust and vigorous appearance. Excellent public transportation is available with two different subway stations nearby on 23rd Street, which also has good cross-town bus service. The surrounding Flatiron District, one of the city's most popular and desirable, has many excellent restaurants and major stores such as ABC Carpet and Barnes & Noble are nearby as is a major cineplex."
Read Full Review

Pros & Cons

  • Many dramatic views
  • Pool and health club
  • Roof deck
  • Nearby Cineplex
  • Area has many restaurants and major retailers like Barnes & Noble- ABC Carpet- and Paragon Sports
  • Very close to Gramercy and Madison Square parks in the highly desirable Flatiron District
  • Doorman
  • Concierge
  • Many corner bay windows
  • Many balconies
  • Close to Subway
  • Many apartments
  • Considerable traffic

CityRealty Rating

20
/44
Architecture
+
21
/36
Location
+
16
/39
Features
=
57
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Broker & Buyer Comments

This "hybrid" 26-story condop in prime Gramercy/Murray Hill location offers "resort-style" living with its "professionally designed" health club featuring an indoor pool, sauna, and "well-equipped" exercise facilities. The "designer lobby" and full-time doorman set an "upscale tone," while the "private rooftop sundeck" provides urban escape. "Perfectly positioned" for city living with "easy access" to Madison Square Park, top restaurants, and shopping. Building operates with "condo-like flexibility" despite its co-op structure, requiring only management approval for purchases.

Sales History by Apartment Size

View Full Closing History
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