50 Lexington Ave

A full-service, late-1980s high-rise condominium/cooperative hybrid in Manhattan’s Gramercy/Flatiron corridor, the building rises roughly 26 stories and contains a limited collection of one- and two-bedroom residences. Architecture and layouts reflect practical urban living from the late 1980s with many units reconfigured or renovated over the years; typical interior traits include high ceilings, galley or pass-through kitchens, generous closet storage and some units with walk-in closets. Residences range from compact junior one-bedrooms to larger two-bedroom floor-through apartments and corner plans with multiple exposures; several units include private balconies, Juliet balconies or terraces and select homes feature floor-to-ceiling windows and wood-burning fireplaces. Common interior amenities emphasize wellness and convenience: an on-site fitness room, sauna, indoor swimming pool, central laundry and elevators, supported by a staffed 24-hour doorman and live‑in superintendent. Exterior and shared outdoor spaces include a landscaped courtyard and an expansive furnished roof deck with panoramic city views. Building services and policies are buyer-friendly for investors: flexible subletting rules after ownership requirements, allowance of pied-à-terre purchases and relaxed gifting/parents-buying options; pets are permitted with restrictions. Located steps from Madison Square Park, Union Square and major transit (6, N, R, W lines and crosstown buses), the building sits amid shopping, dining and cultural destinations that define a highly walkable Manhattan lifestyle.