$725,000
●
Condo -
Off Market
61 Lexington Ave #1G
Manhattan, NY 10010
2 Beds
1 Bath
$4,531
Estimated Monthly
$427
HOA / Fees
5.01%
Cap Rate
About This Property
HUGE PRICE DROP, NEEDS TO BE AN ALL CASH DEAL. BRING IN YOUR
OFFERS
LOWEST PRICED COMMERCIAL 2 bedroom CONDO ON THE MARKET!!!!!
PERFECT INVESTMENT OPPORTUNITY
VERY LOW MONTHLIES. MAINTENANCE IS $427 AND TAXES ARE $544 A MONTH!!
RENT FROM DAY ONE & NO BOARD APPROVAL REQUIRED.
Located in the vibrant & desirable area of Kips bay/Gramercy Park. This 2 bedroom 1 bath condo is just perfect for the price. 25th street is closed for vehicular traffic between 3rd Avenue & Lexington Avenue.
The apartment is on second floor one level up the ground floor in an elevator building. Newly renovated, contemporary marble bathroom, granite kitchen with stainless steel appliances and dishwasher. Gleaming hardwood bamboo floors, Queen size master bedroom and a full size guest bedroom with ample closet space..
This is a cooperative building from the second (third) floor and above.
A very unique property that can be used as a residential investment or for work. Open rental policy of the condominium board permits short term rental as well without having to notify the board or management.
THIS PROPERTY IS A MUST SEE!!!
LOWEST PRICED COMMERCIAL 2 bedroom CONDO ON THE MARKET!!!!!
PERFECT INVESTMENT OPPORTUNITY
VERY LOW MONTHLIES. MAINTENANCE IS $427 AND TAXES ARE $544 A MONTH!!
RENT FROM DAY ONE & NO BOARD APPROVAL REQUIRED.
Located in the vibrant & desirable area of Kips bay/Gramercy Park. This 2 bedroom 1 bath condo is just perfect for the price. 25th street is closed for vehicular traffic between 3rd Avenue & Lexington Avenue.
The apartment is on second floor one level up the ground floor in an elevator building. Newly renovated, contemporary marble bathroom, granite kitchen with stainless steel appliances and dishwasher. Gleaming hardwood bamboo floors, Queen size master bedroom and a full size guest bedroom with ample closet space..
This is a cooperative building from the second (third) floor and above.
A very unique property that can be used as a residential investment or for work. Open rental policy of the condominium board permits short term rental as well without having to notify the board or management.
THIS PROPERTY IS A MUST SEE!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$544
HOA Dues
$427
Year Built
1930
Last updated: 5 months ago ( #PDES-2129518)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2016 | Sold to 61 Kips Bay Llc | $707,000 | |
| Sold to 61 Kips Bay Llc | |||
| Jan 13, 2016 | Listed by Douglas Elliman Real Estate | $750,000 | |
| Listed by Douglas Elliman Real Estate | |||
|
|||
|
An extremely rare opportunity to buy a spacious two-bedroom
live/work apartment in Gramercy Park, this newly-available unit is
the lowest-priced commercial condo in the neighborhood. With very
low monthlies?$427 carrying charges; $544 taxes?and permission to
rent from day one with no board approval required, this is a
perfect investment opportunity or a chance to move in and make it
your home immediately. This premier building is at the vibrant
crossroads of Kips Bay and Gramercy Park. All…
|
|||
| May 28, 2015 | Listed by Elliman | $747,000 | |
| Listed by Elliman | |||
| Nov 7, 2014 | Listed by Citi Habitats | $689,000 | |
| Listed by Citi Habitats | |||
|
|||
|
NO BOARD APPROVAL AND RENT FROM DAY ONE...!! A Truly Unique
Investment Opportunity...!! This Condop allows for transient use...
Short term sublets are allowed with no Board Approval....!!! This
renovated 2 bedroom is situated on the 2nd floor of a elevator
building. Located on Lexington & 25th st, directly adjacent to
Baruch..!! There is a beautiful granite kitchen with stainless
steel appliances and granite countertop. Designer finishes with a
marble bathroom. Gleaming hardwood floors…
|
|||
| Nov 2, 2005 | Sold to Neerja Sonya Sarin | $275,000 | |
| Sold to Neerja Sonya Sarin | |||
Property Highlights
Elevator
Doorman
Interior Details
Interior Information
Laundry Features: Common Area
Room Information
Rooms: 4
Exterior Details
Property Information
PropertySubType: Apartment
Living Area Units: SquareFeet
Building Information
Stories (Total): 7
Financial Details
Tax Annual Amount: $6,528
Flip Tax Type: Percent
Tax Deduction Percent: 65
Location Details
Association Fee: $427
Community Features: Storage
Pets Allowed: Unit No, Building Cats O K
Other Details
Coexclusive: No
61 Lexington Ave #1G, Manhattan, NY, 10010
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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
-
$695,000
May 30, 2021
$695,000
Jan 31, 2022
$1,613/mo
Co-op
1
Bed
1
Bath
-
$760,000
Dec 8, 2021
$760,000
Mar 7, 2022
$2,249/mo
Co-op
1
Bed
1
Bath
-
$780,000
Mar 15, 2021
$780,000
Nov 2, 2021
$1,772/mo
Co-op
1
Bed
1
Bath
-
$795,000
Mar 5, 2021
$795,000
Dec 14, 2021
$1,484/mo
Active
Co-op
2
Beds
1.5
Baths
1,025 ft²
$780/ft²
$800,000
Nov 4, 2022
-
$2,160/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
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
|
1 Bed
|
1 Bath
|
-
|
$562,000
1 Bed
1 Bath
|
$562,000
01/15/2016
|
Ashish Sarin
Elliman
|
||
|
05/28/2015
|
2 Bed
|
1 Bath
|
-
|
$747,000
2 Bed
1 Bath
|
$707,000
-5.35%
05/31/2016
|
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
|
Building Info
61 Lexington Avenue
61 Lexington Avenue, New York, NY 10010
- 55 Units
- 1 Unit for Sale
