$562,000
●
Condo -
Off Market
61 Lexington Ave #1C
Manhattan, NY 10010
1 Bed
1 Bath
$921,114
RealtyHop Estimate
63.90%
Since Mar 1, 2016
NY-New York
Primary Model
About This Property
This one-of-a-kind opportunity is an affordable, investor-friendly
commercial condo in prime Gramercy Park. This state-of-the-art
junior 1-bedroom can be used as a residence, live/work space, or a
storefront, and offers very low monthlies-$376.97 carrying charges;
$486 taxes-and permission to rent from day one with no board
approval.
This premier building is set at the vibrant crossroads of Kips Bay and Gramercy Park. It is a cooperative building from the third floor and above, so this unit is one of only a few live/work commercial condos. There are two ways of egress, with separate entry and exit to 25th Street-a lively pedestrian walkway closed here to vehicular traffic-plus
additional access from the main building. There is a sprinkler installed, and the unit currently has a market-rate tenant paying $2,400/month; lease expires January 1, 2016.
All the attractions of Midtown Manhattan living are within walking distance of this pet-friendly elevator building. The open rental policy permits short-term rentals without board approval; pieds-a-terre, co-purchasers and gifting are allowed. Madison Square Park is just a block away, along with many of the city's most acclaimed restaurants, and the 6 train is a short stroll from your front door.
This premier building is set at the vibrant crossroads of Kips Bay and Gramercy Park. It is a cooperative building from the third floor and above, so this unit is one of only a few live/work commercial condos. There are two ways of egress, with separate entry and exit to 25th Street-a lively pedestrian walkway closed here to vehicular traffic-plus
additional access from the main building. There is a sprinkler installed, and the unit currently has a market-rate tenant paying $2,400/month; lease expires January 1, 2016.
All the attractions of Midtown Manhattan living are within walking distance of this pet-friendly elevator building. The open rental policy permits short-term rentals without board approval; pieds-a-terre, co-purchasers and gifting are allowed. Madison Square Park is just a block away, along with many of the city's most acclaimed restaurants, and the 6 train is a short stroll from your front door.
Unit Size
-
Days on Market
251 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$486
HOA Dues
$376
Year Built
1930
Last updated: 5 months ago ( #PDES-2129715)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 15, 2016 | Sold to Jane Orci | $562,000 | |
Sold to Jane Orci | |||
May 28, 2015 | Listed by Elliman | $562,000 | |
Listed by Elliman | |||
Nov 2, 2005 | Sold to Jay Williams | $250,000 | |
Sold to Jay Williams |
Property Highlights
Elevator
Doorman
Interior Details
Interior Information
Laundry Features: Common Area
Room Information
Rooms: 2
Exterior Details
Property Information
PropertySubType: Apartment
Living Area Units: SquareFeet
Building Information
Stories (Total): 7
Financial Details
Tax Annual Amount: $5,832
Flip Tax Type: Percent
Tax Deduction Percent: 65
Location Details
Association Fee: $376
Community Features: Storage
Pets Allowed: Unit No, Building Cats O K
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
1
Bed
1
Bath
-
$585,000
Sep 12, 2013
$585,000
Feb 21, 2014
$908/mo
Co-op
1
Bed
1
Bath
750 ft²
$757/ft²
$567,500
Oct 28, 2014
$567,500
Jul 22, 2015
$1,260/mo
Co-op
1
Bed
1
Bath
-
$587,000
Nov 23, 2020
$587,000
Apr 23, 2021
$1,209/mo
Co-op
1
Bed
1
Bath
-
$585,000
Jun 2, 2020
$585,000
Nov 13, 2020
$1,140/mo
Active
Co-op
1
Bed
1
Bath
700 ft²
$850/ft²
$595,000
Jan 12, 2024
-
$1,486/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/25/2024
|
Studio
|
1 Bath
|
-
|
$459,000
Studio
1 Bath
|
-
-
|
-
|
Dina Yusupova
Charles Rutenberg Realty Inc
|
|
06/21/2021
|
Studio
|
1 Bath
|
-
|
$439,000
Studio
1 Bath
|
$425,000
-3.19%
03/30/2022
|
Clifford Marks
Brown Harris Stevens Residential Sales LLC
|
||
01/04/2021
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$380,000
-23.23%
12/22/2021
|
-
|
Richard Murray
KWNYC Tribeca
|
|
06/13/2019
|
3 Bed
|
2 Bath
|
-
|
$1,795,000
3 Bed
2 Bath
|
$1,450,000
-19.22%
01/02/2020
|
-
|
Sindy Sanchez
Compass
|
|
08/30/2018
|
2 Bed
|
1 Bath
|
-
|
$850,000
2 Bed
1 Bath
|
$830,000
-2.35%
01/28/2019
|
Erin Stabb
|
||
05/30/2018
|
|
Studio
|
1 Bath
|
-
|
-
Studio
1 Bath
|
-
-
|
-
|
-
|
08/07/2017
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
$585,000
02/05/2021
|
-
|
Ashish Sarin
KWNYC Tribeca
|
|
08/02/2016
|
Studio
|
1 Bath
|
-
|
$679,000
Studio
1 Bath
|
$549,000
-19.15%
02/06/2018
|
-
|
Miriam Richards
Compass
|
|
01/13/2016
|
2 Bed
|
1 Bath
|
-
|
$750,000
2 Bed
1 Bath
|
$707,000
-5.73%
06/13/2016
|
-
|
Bridget Harvey
Elliman
|
|
11/13/2015
|
Studio
|
1 Bath
|
-
|
$600,000
Studio
1 Bath
|
-
-
|
-
|
Michael Franco
Compass
|
|
09/10/2015
|
1 Bed
|
1 Bath
|
-
|
$500,000
1 Bed
1 Bath
|
$575,000
+15.00%
12/08/2015
|
-
|
Andrew Anderson
Douglas Elliman Real Estate
|
|
05/28/2015
|
2 Bed
|
1 Bath
|
-
|
$747,000
2 Bed
1 Bath
|
$707,000
-5.35%
05/31/2016
|
Ashish Sarin
Elliman
|
||
05/28/2015
|
1 Bed
|
1 Bath
|
-
|
$562,000
1 Bed
1 Bath
|
$562,000
01/15/2016
|
Ashish Sarin
Elliman
|
||
05/13/2015
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$527,000
+5.61%
10/27/2015
|
Michael Franco
Compass
|
||
12/02/2014
|
Studio
|
1 Bath
|
310 ft²
|
-
Studio
1 Bath
310 ft²
|
$375,000
02/05/2021
|
-
|
Ronald Lau
Keller Williams Realty Empire
|
|
11/07/2014
|
2 Bed
|
1 Bath
|
700 ft²
|
$689,000
2 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Pkorn Paul Thongpan
Compass
|
|
06/19/2014
|
1 Bed
|
1 Bath
|
-
|
$460,000
1 Bed
1 Bath
|
$460,000
01/07/2015
|
Courtney Rosenthal
Elliman
|
||
08/27/2013
|
1 Bed
|
1 Bath
|
-
|
$525,000
1 Bed
1 Bath
|
-
-
|
-
|
Wan Law
Douglas Elliman Real Estate
|
|
02/28/2013
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
-
-
|
-
|
Jeffrey Silverstein
Prudential Douglas Elliman Real Estate
|