50 Lexington Avenue #4C
About This Property
4C, a converted 2-bedroom/2-bathroom apartment checks all the boxes: A private terrace overlooking quiet and verdant Lexington Avenue, a flexible and generous floor plan with a bonus home office or nursery, and beautiful move-in ready finishes.
Upon entering the apartment, eastern sunshine abounds throughout the well-proportioned living and dining space. Accessible by ceiling height double paned doors, the terrace easily accommodates a bistro table and chairs, perfect for morning coffee or dining with friends. The well-appointed and wide galley kitchen features hardwood cabinetry and an updated appliances suite. Partially opening the kitchen is possible if one desires to add a breakfast bar. The dining alcove has been converted into a bonus room with its own window and dedicated brand-new PTAC but can easily be opened up for additional space to entertain. The primary bedroom fits a king-sized bed and more. A dressing area with useful built-ins leads to the bedroom's ensuite bath. Brand new hardwood flooring and brand-new through-wall PTAC units round out the features of this terrific apartment.
50 Lexington Avenue is a luxury condop, rich with amenities that include a 24-hour doorman, live-in super, a furnished roof deck overlooking the New York City skyline, a swimming pool, a fully equipped fitness center, a sauna, and central laundry. The lobby, hallways and elevators have recently undergone a stunning renovation. Situated in Flatiron and just footsteps from some of New York's most coveted neighborhoods, including Gramercy, Union Square, Greenwich Village, the East Village and NoMad, the best shopping, restaurants, parks, greenmarkets, supermarkets, and cultural sites are all within reach. Proximity to numerous modes of transportation include the N/Q/R/W and 6 train stations, the M23 cross town bus and the First and Second Avenue Select Buses.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 20, 2024 | Sold to Michael J Quilty Revocable ... | $1,020,000 | |
Sold to Michael J Quilty Revocable ... | |||
Dec 30, 2023 | In contract | - | |
In contract | |||
Nov 1, 2023 | Price Decreased |
$1,020,000
↓ $50K
(4.7%)
|
|
Price Decreased | |||
Sep 27, 2023 | Listed by Prevu Real Estate LLC | $1,070,000 | |
Listed by Prevu Real Estate LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/17/2023
|
2 Bed
|
2 Bath
|
-
|
$1,250,000
2 Bed
2 Bath
|
$1,202,500
-3.80%
05/13/2024
|
-
|
Cynthia Crowley
Olshan Group LLC
|
|
10/11/2023
|
1 Bed
|
1 Bath
|
-
|
$750,000
1 Bed
1 Bath
|
$725,000
-3.33%
05/13/2024
|
-
|
John Gomes
Douglas Elliman Real Estate
|
|
09/27/2023
|
2 Bed
|
2 Bath
|
-
|
$1,070,000
2 Bed
2 Bath
|
$1,020,000
-4.67%
03/20/2024
|
-
|
Sara Gladstone
Prevu Real Estate LLC
|
|
05/03/2023
|
2 Bed
|
3 Bath
|
-
|
$1,650,000
2 Bed
3 Bath
|
$1,650,000
09/07/2023
|
-
|
Ceylan Brigham
Compass
|
|
04/10/2023
|
2 Bed
|
2 Bath
|
-
|
$1,295,000
2 Bed
2 Bath
|
$1,295,000
07/13/2023
|
-
|
Michael Rossi
Elegran LLC
|
|
02/07/2023
|
1 Bed
|
2 Bath
|
-
|
$1,325,000
1 Bed
2 Bath
|
$1,285,000
-3.02%
06/03/2023
|
-
|
Ceylan Brigham
Compass
|
|
02/07/2023
|
1 Bed
|
2 Bath
|
-
|
$1,150,000
1 Bed
2 Bath
|
$1,085,000
-5.65%
08/02/2023
|
-
|
Ceylan Brigham
Compass
|
|
11/16/2022
|
1 Bed
|
1 Bath
|
-
|
$749,000
1 Bed
1 Bath
|
$735,000
-1.87%
06/28/2023
|
-
|
William Roy
Brown Harris Stevens Residential Sales LLC
|
|
05/31/2022
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
$625,000
09/13/2022
|
-
|
Ceylan Brigham
Compass
|
|
04/15/2022
|
Studio
|
1 Bath
|
-
|
$645,000
Studio
1 Bath
|
$645,000
09/16/2022
|
-
|
Jason Bauer
DJK Residential
|
|
03/10/2022
|
2 Bed
|
2 Bath
|
-
|
$1,165,000
2 Bed
2 Bath
|
$1,115,000
-4.29%
10/24/2022
|
-
|
Ceylan Brigham
Compass
|
|
02/28/2022
|
1 Bed
|
2 Bath
|
-
|
$875,000
1 Bed
2 Bath
|
$875,000
07/26/2022
|
-
|
Ceylan Brigham
Compass
|
|
07/20/2021
|
3 Bed
|
2 Bath
|
-
|
-
3 Bed
2 Bath
|
$1,600,000
11/17/2021
|
-
|
Ceylan Brigham
Compass
|
|
07/20/2021
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
$1,240,000
+12.73%
12/30/2021
|
-
|
Mohan Lal
Corcoran Group
|
|
06/27/2021
|
2 Bed
|
2 Bath
|
-
|
$1,089,000
2 Bed
2 Bath
|
$1,050,000
-3.58%
10/25/2021
|
-
|
Kaori Tojo
Relo Redac, Inc
|
|
06/01/2021
|
1 Bed
|
2 Bath
|
700 ft²
|
$1,050,000
1 Bed
2 Bath
700 ft²
|
$924,000
-12.00%
11/22/2021
|
-
|
Chris Zhou
Mont Sky Real Estate LLC
|
|
04/28/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,395,000
2 Bed
2 Bath
1100 ft²
|
$1,500,000
+7.53%
08/23/2021
|
-
|
Pamela Wolfe
The Corcoran Group
|
|
04/14/2021
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$650,000
07/29/2021
|
-
|
Jessica Levine Team
Elliman
|
|
03/18/2021
|
2 Bed
|
3 Bath
|
1100 ft²
|
$1,495,000
2 Bed
3 Bath
1100 ft²
|
$1,495,000
07/30/2021
|
-
|
Randall Dolland
Elliman
|
|
02/25/2021
|
2 Bed
|
2 Bath
|
-
|
$1,195,000
2 Bed
2 Bath
|
$1,195,000
07/06/2021
|
-
|
Ceylan Brigham
Compass
|
|
02/18/2021
|
2 Bed
|
2 Bath
|
-
|
$1,295,000
2 Bed
2 Bath
|
$1,295,000
07/01/2021
|
-
|
Jeremy Shevett
Compass
|
|
02/17/2021
|
Studio
|
1 Bath
|
-
|
$650,000
Studio
1 Bath
|
$650,000
07/20/2021
|
-
|
Ceylan Brigham
Compass
|
|
11/23/2020
|
1 Bed
|
1 Bath
|
-
|
$600,000
1 Bed
1 Bath
|
$587,000
-2.17%
04/23/2021
|
-
|
Marlene Burns
Compass
|
|
10/30/2020
|
2 Bed
|
2 Bath
|
-
|
$1,095,000
2 Bed
2 Bath
|
$1,030,000
-5.94%
03/24/2021
|
-
|
Austin Schuster
Compass
|
|
07/16/2020
|
1 Bed
|
1 Bath
|
550 ft²
|
$625,000
1 Bed
1 Bath
550 ft²
|
$625,000
08/17/2021
|
-
|
Robert Meehan
Level Group, Inc.
|
|
06/30/2020
|
1 Bed
|
1 Bath
|
-
|
$649,000
1 Bed
1 Bath
|
$599,999
-7.55%
01/25/2021
|
-
|
Gina Kuhlenkamp
Sothebys International Realty
|
|
06/02/2020
|
1 Bed
|
1 Bath
|
-
|
$659,000
1 Bed
1 Bath
|
$585,000
-11.23%
11/13/2020
|
-
|
Sorel Roget
Triplemint
|
|
06/11/2019
|
2 Bed
|
2 Bath
|
-
|
$1,250,000
2 Bed
2 Bath
|
$1,250,000
11/26/2019
|
-
|
Niko Scott
The Corcoran Group
|
|
06/07/2018
|
2 Bed
|
2 Bath
|
-
|
$1,125,000
2 Bed
2 Bath
|
$1,025,000
-8.89%
01/14/2019
|
-
|
Ceylan Brigham
Compass
|
|
05/17/2018
|
2 Bed
|
2 Bath
|
975 ft²
|
$1,275,000
2 Bed
2 Bath
975 ft²
|
$1,275,000
09/10/2018
|
-
|
Pamela Wolfe
The Corcoran Group
|
|
02/14/2018
|
1 Bed
|
1 Bath
|
-
|
$665,000
1 Bed
1 Bath
|
$640,000
-3.76%
09/06/2018
|
-
|
Ceylan Brigham
Compass
|
|
01/31/2018
|
2 Bed
|
2 Bath
|
-
|
$1,195,000
2 Bed
2 Bath
|
$1,120,000
-6.28%
05/17/2018
|
-
|
Ceylan Brigham
Compass
|
|
10/17/2017
|
2 Bed
|
2 Bath
|
1150 ft²
|
$1,495,000
2 Bed
2 Bath
1150 ft²
|
$1,495,000
02/20/2018
|
-
|
Shakti Chemitiganti
Corcoran Group
|
|
09/13/2017
|
2 Bed
|
2 Bath
|
-
|
$1,595,000
2 Bed
2 Bath
|
$1,425,000
-10.66%
02/20/2018
|
-
|
Shakti Chemitiganti
Corcoran Group
|
|
09/04/2017
|
1 Bed
|
2 Bath
|
-
|
$1,225,000
1 Bed
2 Bath
|
$1,225,000
02/05/2021
|
-
|
Marco Martini
Verus Real Estate Inc.
|
|
07/18/2017
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
-
-
|
-
|
Kevin Seaman
Living New York
|
|
06/21/2017
|
2 Bed
|
2.5 Bath
|
1275 ft²
|
$2,500,000
2 Bed
2.5 Bath
1275 ft²
|
-
-
|
-
|
Kathi Jacob
Brown Harris Stevens Residential Sales LLC
|
|
05/08/2017
|
Studio
|
1 Bath
|
-
|
$675,000
Studio
1 Bath
|
$665,000
-1.48%
10/03/2017
|
-
|
Kyle Haas
Compass
|
|
03/31/2017
|
Studio
|
1 Bath
|
550 ft²
|
$625,000
Studio
1 Bath
550 ft²
|
$625,000
02/05/2021
|
-
|
Risa Morley
Nardoni Realty Inc
|
|
03/02/2017
|
1 Bed
|
2 Bath
|
-
|
$1,050,000
1 Bed
2 Bath
|
$970,000
-7.62%
08/10/2017
|
-
|
Ceylan Brigham
Compass
|
|
11/02/2016
|
2 Bed
|
2 Bath
|
-
|
$1,299,000
2 Bed
2 Bath
|
$1,250,000
-3.77%
11/02/2017
|
-
|
Jason S. Haber
Elliman
|
|
09/13/2016
|
3 Bed
|
2 Bath
|
1530 ft²
|
$2,299,000
3 Bed
2 Bath
1530 ft²
|
$1,860,000
-19.10%
06/13/2017
|
-
|
John Farrell
The Corcoran Group
|
|
09/08/2016
|
2 Bed
|
2 Bath
|
850 ft²
|
$1,175,000
2 Bed
2 Bath
850 ft²
|
$1,120,000
-4.68%
02/05/2021
|
-
|
Nicholas Michael Campbell
Anchor Associates Group Inc
|
|
09/07/2016
|
1 Bed
|
2 Bath
|
-
|
$1,195,000
1 Bed
2 Bath
|
$1,075,000
-10.04%
05/10/2017
|
-
|
Jon Millhollon
Compass
|
|
07/13/2016
|
1 Bed
|
1 Bath
|
550 ft²
|
$725,000
1 Bed
1 Bath
550 ft²
|
$700,000
-3.45%
10/05/2016
|
-
|
Tracie Hamersley
Citi Habitats, Inc.
|
|
06/21/2016
|
1 Bed
|
1 Bath
|
-
|
$899,000
1 Bed
1 Bath
|
$770,000
-14.35%
01/30/2017
|
-
|
Diane Johnson
Elliman
|
|
01/20/2016
|
2 Bed
|
2 Bath
|
850 ft²
|
$1,175,000
2 Bed
2 Bath
850 ft²
|
$1,240,000
+5.53%
02/05/2021
|
-
|
Ceylan Brigham
Compass
|
|
12/21/2015
|
2 Bed
|
2 Bath
|
-
|
$1,050,000
2 Bed
2 Bath
|
$1,050,000
02/05/2021
|
-
|
Barbara Licalzi
Brown Harris Stevens Residential Sales LLC
|
|
10/13/2015
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
$650,000
02/05/2021
|
-
|
Barry B.
Zabusky, Barry B.
|
|
10/03/2015
|
2 Bed
|
2 Bath
|
850 ft²
|
$1,150,000
2 Bed
2 Bath
850 ft²
|
-
-
|
-
|
Benjamin Willig
Elegran Real Estate and Development
|
|
09/24/2015
|
2 Bed
|
2.5 Bath
|
-
|
$1,550,000
2 Bed
2.5 Bath
|
$1,600,000
+3.23%
02/05/2021
|
-
|
Ceylan Brigham
Compass
|
|
09/17/2015
|
Studio
|
1 Bath
|
-
|
$615,000
Studio
1 Bath
|
$600,000
-2.44%
02/05/2021
|
-
|
Ceylan Brigham
Compass
|
|
09/16/2015
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
-
-
|
-
|
Jessica E Levine
Prudential Douglas Elliman Real Estate
|
|
08/21/2015
|
1 Bed
|
1.5 Bath
|
-
|
$895,000
1 Bed
1.5 Bath
|
$925,000
+3.35%
02/05/2021
|
-
|
Ceylan Brigham
Compass
|
|
03/17/2015
|
1 Bed
|
2 Bath
|
-
|
$980,000
1 Bed
2 Bath
|
$1,025,000
+4.59%
06/29/2015
|
-
|
Jessica Levine Team
Elliman
|
|
02/19/2015
|
1 Bed
|
2 Bath
|
900 ft²
|
$949,000
1 Bed
2 Bath
900 ft²
|
$960,000
+1.16%
07/22/2015
|
-
|
Shakti Chemitiganti
Corcoran Group
|
|
12/04/2014
|
1 Bed
|
2 Bath
|
-
|
$990,000
1 Bed
2 Bath
|
$990,000
02/05/2021
|
-
|
Frederico Gouveia
New York Casas Ltd
|
|
10/17/2014
|
1 Bed
|
1 Bath
|
550 ft²
|
$660,000
1 Bed
1 Bath
550 ft²
|
$660,000
02/05/2021
|
-
|
Douglas Perlson
Perlson Douglas J
|
|
09/01/2014
|
2 Bed
|
2 Bath
|
1265 ft²
|
$1,675,000
2 Bed
2 Bath
1265 ft²
|
$1,650,000
-1.49%
12/16/2014
|
-
|
Paul Cole
Compass
|
|
01/30/2014
|
2 Bed
|
2 Bath
|
-
|
$950,000
2 Bed
2 Bath
|
$950,000
05/08/2014
|
-
|
Jamie Mitchell
Elliman
|
|
12/03/2013
|
1 Bed
|
1 Bath
|
604 ft²
|
$859,000
1 Bed
1 Bath
604 ft²
|
$834,500
-2.85%
02/05/2021
|
-
|
Julie Connelly-Rose
Corcoran Group
|
|
11/26/2013
|
Studio
|
1 Bath
|
-
|
$588,000
Studio
1 Bath
|
-
-
|
-
|
Neal Levi
Kian Realty NYC LLC
|
|
10/29/2013
|
2 Bed
|
2 Bath
|
-
|
$930,000
2 Bed
2 Bath
|
$975,000
+4.84%
02/05/2021
|
-
|
Paul Johansen
Prudential Douglas Elliman Real Estate
|
|
10/29/2013
|
2 Bed
|
2 Bath
|
-
|
$975,000
2 Bed
2 Bath
|
-
-
|
-
|
Neal Levi
Kian Realty NYC LLC
|
|
09/21/2013
|
1 Bed
|
2 Bath
|
-
|
$1,250,000
1 Bed
2 Bath
|
-
-
|
-
|
Chris Poore
Sothebys International Realty
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
-
-
|
-
|
Julie Weintraub
Akam Sales & Brokerage Inc
|
|
09/21/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,395,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Ann Cutbill Lenane
Prudential Douglas Elliman Real Estate
|
|
09/17/2013
|
2 Bed
|
2 Bath
|
-
|
$925,000
2 Bed
2 Bath
|
$915,000
-1.08%
01/16/2014
|
-
|
Anne Ellington
Elliman
|
|
09/12/2013
|
1 Bed
|
1 Bath
|
-
|
$550,000
1 Bed
1 Bath
|
$585,000
+6.36%
02/21/2014
|
-
|
Henry Hershkowitz
Related Sales, LLC
|
|
09/10/2013
|
2 Bed
|
2 Bath
|
850 ft²
|
$839,000
2 Bed
2 Bath
850 ft²
|
$858,000
+2.26%
01/22/2014
|
-
|
Deepti Mittal
Prudential Douglas Elliman Real Estate
|
|
07/16/2013
|
1 Bed
|
2 Bath
|
750 ft²
|
$795,000
1 Bed
2 Bath
750 ft²
|
$760,000
-4.40%
10/24/2013
|
-
|
Sang Kwon
Compass
|
|
08/23/2013
|
2 Bed
|
2 Bath
|
-
|
$1,750,000
2 Bed
2 Bath
|
-
-
|
-
|
Michele Matilla
Compass
|
|
06/15/2013
|
1 Bed
|
2 Bath
|
-
|
$795,000
1 Bed
2 Bath
|
$790,000
-0.63%
02/05/2021
|
-
|
Ceylan Brigham
Compass
|
|
06/13/2013
|
2 Bed
|
2 Bath
|
-
|
$989,000
2 Bed
2 Bath
|
-
-
|
-
|
Neal Levi
Kian Realty NYC LLC
|
|
04/29/2013
|
1 Bed
|
1 Bath
|
550 ft²
|
$630,000
1 Bed
1 Bath
550 ft²
|
-
-
|
-
|
Tracie S Hamersley
Prudential Douglas Elliman Real Estate
|
|
04/12/2013
|
1 Bed
|
2 Bath
|
975 ft²
|
$1,100,000
1 Bed
2 Bath
975 ft²
|
-
-
|
-
|
Suzanne Schein
Elliman
|
|
04/11/2013
|
1 Bed
|
1 Bath
|
-
|
$589,000
1 Bed
1 Bath
|
$580,000
-1.53%
02/05/2021
|
-
|
Julia Hoagland
Compass
|
|
03/07/2013
|
1 Bed
|
1 Bath
|
-
|
$635,000
1 Bed
1 Bath
|
-
-
|
-
|
Robert Gross
Douglas Elliman Real Estate
|
|
11/15/2012
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
-
-
|
-
|
Barry B.
Zabusky, Barry B.
|
|
09/27/2012
|
2 Bed
|
2 Bath
|
-
|
$1,050,000
2 Bed
2 Bath
|
$969,000
-7.71%
04/01/2013
|
-
|
Julie Weintraub
Elliman
|
|
08/19/2009
|
1 Bed
|
1 Bath
|
500 ft²
|
$519,000
1 Bed
1 Bath
500 ft²
|
-
-
|
-
|
Mitchel R. Askinas
Warburg Realty Partnership, Ltd.
|
Building Info
- 191 Units
- 1 Unit for Sale