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Gramercy North, 50 Lexington Avenue, #8D

$1,149,000 | 1 bed, 2 baths
Building Profile  | 
120 days on Market

Key Details

  • Listed: Jul 10, 2024
    Days on Market: 120
    Building Type: Condop
    Neighborhood: Gramercy Park (Manhattan)
    Doorman: FT Doorman
    Listing viewed 200 times
Monthly Maintenance: $1,935
Est. Monthly Mortgage: $6,078
Total Est. Monthly Carrying Cost: $8,013
Note: the above is based on a down payment of 20% ($229,800), which is the minimum amount permitted by the building.

Description

Convertible 2 Bedroom! Welcome to 50 Lexington Avenue, Apt. 8D. This versatile Junior 4 apartment, featuring 2 full bathrooms, can easily be converted into a 2-bedroom residence. Situated in the heart of Flatiron, this full-service building is packed with amenities and is just a short stroll from Madison Square Park and Union Square, with excellent access to numerous public transportation options. Upon entering, hardwood floors guide you past two generous walk-in closets and into a bright, east-facing living area that opens onto your private balcony.

To your left, a spacious dining area seamlessly transitions into the sleek, updated kitchen, which boasts stainless steel appliances and granite countertops. Currently designed as a one-bedroom, the dining area can be transformed into a second bedroom to accommodate your needs. The kitchen also includes a convenient pass-through counter/bar, perfect for entertaining and daily use.

The expansive primary suite serves as a private retreat, complete with its own bathroom and walk-in closet. The cooperative at 50 Lexington offers flexible subletting policies and permits pets with board approval. Residents enjoy exclusive access to amenities such as a lap pool, gym, and sauna, along with the added security of a 24-hour doorman. Outside, you’ll find multiple subway lines and grocery stores like Whole Foods and Trader Joe’s within walking distance.

The furnished rooftop deck provides breathtaking panoramic views, offering a unique opportunity to experience comfort and luxury in one of Manhattan’s most coveted neighborhoods. Contact us today to arrange a private tour and envision your new lifestyle in this stunning apartment. Please note: parents may only purchase for employed children.

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Listing courtesy of Compass

Pricing History

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About Gramercy North, 50 Lexington Avenue

57

Gramercy North, 50 Lexington Avenue has received a CityRealty Rating of 57, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
21
Out of 36
+
16
Out of 39
=
57
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
Exists 1 out of 3 points
Contextual Design:
No and Bad 0 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
Yes, with Swimming Pool 2 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

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

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Pros
  • 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
Cons
  • Many apartments
  • Considerable traffic
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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

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