Manhattan  »  10010  »  Lexington Ave  »  50 Lexington Ave

Gramercy North - 50 Lexington Avenue, New York, NY 10010 - Property report

Also known as: 129-131 E 24th St

Property image for Gramercy North - 50 Lexington Avenue, New York, NY 10010
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1987

Lot sq. ft.

12,837

General information

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Address
Building name
Gramercy North
Primary address
Gramercy North - 50 Lexington Avenue
Alternate address(es)
129-131 E 24th St
40-48 Lexington Ave
52 Lexington Ave
ZIP code
10010
Neighborhood
NoMad
Borough
Manhattan
Block & lot
00880-0019

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
150,340
Building dimensions
148 ft x 100 ft
Buildings on lot
1
Stories
26
Year built
1987
Tax
Tax year
2026-2027
Property tax
$2,295,307
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
185
Residential sq. ft.
Commercial units
6
Retail sq. ft.
Lot
Lot dimensions
148.12 ft x 100 ft
Lot sq. ft.
12,837

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.75 Miles
Closest fire station
0.27 Miles

View more such as transportation, nearby schools and risk designations.

Units for Gramercy North - 50 Lexington Avenue, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 10A
Unit 10B 07/21/2011 600
Unit 10C 07/22/2015 900
Unit 10D
Unit 10E 06/01/2006
Unit 10F 03/30/2018
Unit 10G
Unit 11B 02/23/2011
Unit 11C 07/28/2004
Unit 11D 06/28/2011
Unit 11E 11/30/2021 975
Unit 11F
Unit 11G 01/21/2025
Unit 11H
Unit 12A 10/07/2016 550
Unit 12B 09/09/2022
Unit 12C 06/29/2021 850
Unit 12D 06/08/2026
Unit 12E 12/21/2017 975
Unit 12F 07/25/2005
Unit 12H 12/10/2008 725
Unit 14
Unit 14A
Unit 14B 04/27/2011 550
Unit 14C 06/29/2015 920
Unit 14D 06/22/2016
Unit 14F 05/25/2006
Unit 14H
Unit 15A 08/31/2011 525
Unit 15B 11/13/2020
Unit 15C 10/25/2021
Unit 15D 07/18/2005
Unit 15E 03/22/2017 950
Unit 15G 05/13/2024
Unit 15H 04/14/2011 775
Unit 16A
Unit 16B 10/13/2020
Unit 16D 06/30/2023
Unit 16E 04/10/2026
Unit 16F
Unit 16G 07/29/2021
Unit 16H 08/31/2004
Unit 17A 11/05/2012
Unit 17C 06/29/2022
Unit 17D 05/15/2006 850
Unit 17E
Unit 17H 06/26/2024
Unit 18A 09/22/2005
Unit 18B 03/12/2015 550
Unit 18C 07/29/2014
Unit 18C-19C-20C
Unit 18D
Unit 18E 05/13/2026
Unit 18F
Unit 18G 07/17/2008 600
Unit 18H 11/22/2021 700
Unit 19A
Unit 19B
Unit 19C 08/25/2005
Unit 19D 08/07/2009 850
Unit 19E 07/06/2021 1,050
Unit 19F
Unit 19G 06/28/2023
Unit 19H 08/21/2006
Unit 20A
Unit 20B 07/19/2021
Unit 20C
Unit 20D 10/30/2008 800
Unit 20E 1,530
Unit 20E,F 06/13/2017
Unit 20F 1,530
Unit 20G 11/05/2019
Unit 20H
Unit 21A 10/03/2017 450
Unit 21B
Unit 21C 05/25/2004
Unit 21E 12/13/2017 1,000
Unit 21G 07/03/2013
Unit 21H
Unit 22A 08/12/2015
Unit 22B 03/22/2018 600
Unit 22C 04/29/2026
Unit 22D
Unit 22E 04/21/2010
Unit 22E,F
Unit 22F 04/15/2015
Unit 22G 04/18/2013 450
Unit 22H
Unit 23A 08/07/2006 1,150
Unit 23C 06/06/2012 900
Unit 23D 05/24/2023
Unit 23E 12/16/2014 1,265
Unit 23H
Unit 24A 03/14/2025 1,100
Unit 24C 04/12/2016 850
Unit 24D 08/24/2017
Unit 24E
Unit 24H 08/28/2023
Unit 25A
Unit 25C 02/02/2009
Unit 25D
Unit 25E 01/20/2016
Unit 25H 07/30/2021
Unit 26A
Unit 26C 08/15/2021
Unit 26D 07/13/2006 1,150
Unit 26E 10/12/2007 1,350
Unit 27A 02/20/2018
Unit 27C 04/26/2018
Unit 27D 11/05/2021
Unit 27E 12/13/2018 1,300
Unit 27H 08/23/2021 1,074
Unit 2A 09/12/2025
Unit 2B 08/04/2004
Unit 2D
Unit 2E
Unit 2F 06/21/2017 500
Unit 2G 05/10/2022
Unit 2H 11/25/2019
Unit 3A 07/28/2010
Unit 3B 05/15/2013
Unit 3C 03/17/2022 850
Unit 3E
Unit 3F 12/12/2014
Unit 3G 05/03/2013 600
Unit 3H 12/16/2009 750
Unit 4A 10/11/2011
Unit 4B 10/05/2017
Unit 4C 03/20/2024
Unit 4D 11/13/2019 900
Unit 4E 05/13/2024
Unit 4F 05/12/2022
Unit 4G 06/12/2007 500
Unit 4H 05/12/2011 750
Unit 5A
Unit 5B 10/13/2016
Unit 5C 01/14/2019 850
Unit 5D 11/14/2012 850
Unit 5E 03/26/2014 950
Unit 5F
Unit 5G 12/01/2010
Unit 5H 10/24/2013 750
Unit 5J
Unit 6A 12/22/2015 500
Unit 6B 05/28/2004
Unit 6C 10/14/2022 850
Unit 6D 03/07/2014
Unit 6E,F
Unit 6F
Unit 6G 03/03/2016 550
Unit 6H 07/25/2022 750
Unit 7A 08/16/2021 525
Unit 7B 04/14/2005
Unit 7C 08/02/2023 900
Unit 7D
Unit 7E 12/27/2005 950
Unit 7F
Unit 7G 05/15/2014 575
Unit 7H 12/06/2011 650
Unit 8A 09/06/2018 500
Unit 8B
Unit 8C 07/06/2004
Unit 8D 11/21/2025
Unit 8E 1,400
Unit 8E,F 03/30/2021 1,400
Unit 8F 1,400
Unit 8G 04/19/2021 500
Unit 8H
Unit 9A 12/16/2022
Unit 9B 05/20/2004
Unit 9C 07/07/2004
Unit 9D
Unit 9E 03/22/2021
Unit 9F
Unit 9G 02/27/2013
Unit 9H 01/25/2017
Unit PHH

Ownership information for Gramercy North - 50 Lexington Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Gramercy North - 50 Lexington Avenue, New York, NY 10010

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
12/04/2025 - R UCC3 Termination
(2025120400570001)
XXXXXXXXXXX XXXX XXXXXX XXXX XX XXXXXXX XX
02/08/2021 - R Initial UCC1
(2021020100481002)
XXX XXXXXXX XXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
02/08/2021 - R UCC3 Termination
(2021020100481001)
XXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
02/10/2021 - R
01/29/2021 - D
Agreement
(2021020100460003)
XXX XXXXXXX XXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
02/10/2021 - R
01/29/2021 - D
Mortgage
(2021020100460002)
XXX XXXXXXX XXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
02/10/2021 - R
01/29/2021 - D
Assignment, Mortgage
(2021020100460001)
XXX XXXX XXXXXXXXX XXXX XXXXXXXXX XXXX XXXXXXXXX XXXXXXX
11/04/2019 - R UCC3 Assignment
(2019110400238001)
XXXXXX XXXX XXXXXXXXXXXX XXX
08/20/2018 - R Initial UCC1
(2018081000499005)
XXX XXXXXXX XXXX XXX XXXX XXXXXXXXX XXXX
08/20/2018 - R
07/30/2018 - D
Termination of Assign of L&R
(2018081000499003)
XXX XXXX XX XXXXXXXXXX XXXXXXXX XXXXX XXXXXXXXXX
08/20/2018 - R
07/30/2018 - D
Termination of Assign of L&R
(2018081000499002)
XXXXXXXX XXXXXXXXXXX XXXX X X XXX XXX XXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Gramercy North - 50 Lexington Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$2,295,307
Municipal exemptions
Recent tax assessments
Market value
$53,250,000
Assessed value
$23,962,500

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $52,415,000 $23,586,750 $20,273,510 12.439% $2,524,670 $2,208,889 -11.27%
2024/25 $50,421,000 $22,689,450 $19,916,340 12.5% $2,492,499 $2,489,543 +1.93%
2023/24 $47,858,000 $21,536,100 $19,536,920 12.502% $2,445,986 $2,442,506 +16.07%
2022/23 $51,040,000 $22,968,000 $19,713,971 12.267% $2,429,904 $2,104,317 +12.29%
2021/22 $39,974,000 $17,988,300 $17,883,389 12.235% $2,200,869 $1,874,037 -17.88%
2020/21 $44,256,000 $19,915,200 $18,602,230 12.267% $2,288,679 $2,281,936 +2.01%
2019/20 $43,076,000 $19,384,200 $17,933,650 12.473% $2,243,548 $2,236,864 +4.16%
2018/19 $41,748,000 $18,786,600 $17,027,020 12.612% $2,157,336 $2,147,448 +2.01%
2017/18 $42,032,000 $18,914,400 $16,551,260 12.719% $2,116,809 $2,105,155 +5.99%
2016/17 $41,179,000 $18,530,550 $15,405,705 12.892% $2,009,025 $1,986,103 +6.47%

Permit information for Gramercy North - 50 Lexington Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/30/2026 Alteration
06/23/2026 Alteration
06/23/2026 Alteration
03/13/2026 Alteration
02/20/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/26/2024 Aeuhaz1-fail to certify class 1 none
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required
09/15/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Park Ave & 23rd St at NE Corner
Station lines
6
Distance (miles)
0.091

Access the detailed traffic volume map for Gramercy North - 50 Lexington Avenue, New York, NY 10010 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Gramercy North - 50 Lexington Avenue, New York, NY 10010?

The development at Gramercy North - 50 Lexington Avenue, New York, NY 10010 was built in 1987.

What is the total square footage of Gramercy North - 50 Lexington Avenue, New York, NY 10010?

Gramercy North - 50 Lexington Avenue, New York, NY 10010 has a total of 150,340 square feet.

What is the assessed value of Gramercy North - 50 Lexington Avenue, New York, NY 10010?

Gramercy North - 50 Lexington Avenue, New York, NY 10010 is currently assessed at $23,962,500.

What are the property taxes for Gramercy North - 50 Lexington Avenue, New York, NY 10010?

The property taxes for Gramercy North - 50 Lexington Avenue, New York, NY 10010 total $2,609,913.

How many residential units does this building have?

This building has 185 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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