Lex Tenants Corp.
50 Lexington Avenue
New York, NY 10010
cond-op
About
50 Lexington Avenue is located in Flatiron, Manhattan. The building was built in 1987 and has 185 units and 26 stories. This Condop does not have a Flip Tax. Subtenants are not allowed to have any pets.
applications
property contacts
confirm to continue
general policies
Pets Allowed
Board approval.
In Unit Washers/Dryers Not Allowed
Smoking Not Allowed
Subletting Allowed
Short Term Rentals Not Allowed
AirBnB Not Allowed
Pied-a-terre Allowed
Co-Purchasing Allowed
Parents Buying for Employed Child(ren) Allowed
Parents Buying for Student Child(ren) Not Allowed
financing policies
Max Financing as %
80% of purchase price
insurance requirements
Homeowner's Insurance Required
Renter's Insurance Required
additional building information
Subtenants are not allowed to have any pets.
IMPORTANT:
PLEASE BE SURE TO CONSIDER THE REVIEW TIME NEEDED BY MANAGEMENT AND THE BOARD WHEN SUBMITTING AN APPLICATION AND CHOOSING A LEASE TERM.
APPLICATIONS ARE REVIEWED IN ORDER OF RECEIPT AND NOT BASED ON THE LEASE BEGIN DATE OR DESIRED CLOSING DATE.
Note: It is no longer necessary to submit a hard copy of the application to management.
IMPORTANT:
PLEASE BE SURE TO CONSIDER THE REVIEW TIME NEEDED BY MANAGEMENT AND THE BOARD WHEN SUBMITTING AN APPLICATION AND CHOOSING A LEASE TERM.
APPLICATIONS ARE REVIEWED IN ORDER OF RECEIPT AND NOT BASED ON THE LEASE BEGIN DATE OR DESIRED CLOSING DATE.
Note: It is no longer necessary to submit a hard copy of the application to management.
special amenities
Laundry Room
Swimming Pool
Swimming Pool
Fitness Center
Elevator
Elevator
on site services
Doorman
Fees set by and remitted to building and property management company.
co-op sale
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Application Processing Fee (Non-Refundable) | Submission | $450 |
| Buyer | Credit Check Fee (Non-Refundable) | Submission | $100 per applicant |
| Buyer | Interview Fee (non-refundable) | Submission | 200.00 per applicant |
| Buyer | Move-In Deposit (refundable, if no damage) | Move Out/Move In | $1,500 |
| Seller | Move-Out Deposit (refundable, if no damage) | Move Out/Move In | $1,500 |
| Buyer | Administrative Fee | Closing | $1,000 |
| Buyer | Capital Contribution (Required) | Closing | $__ equal to three (3) months maintenance |
| Buyer | Disbursement Fee (Non-Refundable) | Closing | Messenger fees, copying, etc. |
| Buyer | Document Facilitation Fee | Closing | $150 if lending bank requires funding approval at the closing |
| Buyer | Move-In Fee (non-refundable) | Closing | $750 |
| Buyer | Recognition Agreement Fee (If Financing) (Non-Refundable) | Closing | $250 per loan, if financing |
| Seller | Administrative Fee | Closing | $1,000 |
| Seller | Disbursement Fee (Non-Refundable) | Closing | Messenger fees, copying, etc. |
| Seller | Move-Out Fee (non-refundable) | Closing | $750 |
| Seller | Transfer Fee (Non-Refundable) | Closing | $700 per apartment |
| Seller | Transfer Fee (Non-Refundable) | Closing | $700 for cash deals, $750 for financing per apartment |
co-op sublet
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Sublease Fee (Non-Refundable) | Submission | $___ Equal to 20% of the annual maintenance |
| Subtenant | Move Out Deposit (Refundable) | Submission | $1,500 |
| Subtenant | Move Out Fee (Non-Refundable) | Submission | $750 |
| Tenant | Application Processing Fee (Non-Refundable) | Submission | $450 |
| Tenant | Credit Check Fee (Non-Refundable) | Submission | $100 per applicant |
| Tenant | Interview Fee (Non-Refundable) | Submission | $200.00 per applicant |
| Tenant | Move In Deposit (Refundable) | Submission | $1,500 |
| Tenant | Move In Fee (Non-Refundable) | Submission | $750 |
less refinance
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Application Processing Fee (Non-Refundable) | Submission | $500 |
more refinance
| payor | fee | due upon | amount |
|---|---|---|---|
| Shareholder | Application Processing Fee (Non-Refundable) | Submission | $500 |
lease renewal
| payor | fee | due upon | amount |
|---|---|---|---|
| Tenant | Application Processing Fee (Non-Refundable) | Submission | $125 |
sublet renewal
| payor | fee | due upon | amount |
|---|---|---|---|
| Subtenant | Application Processing Fee (Non-Refundable) | Submission | $125 |
condo transfer
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Condo Transfer Fee (non-refundable) | Submission | $275 |
co-op transfer
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Application Processing Fee (Non-Refundable) | Submission | $450 |
| Buyer | Credit Check Fee (Non-Refundable) | Submission | $200 per applicant |
| Buyer | Closing Fee | Closing | $700 |
single application initiation fee
One-time fee paid by the person who begins the application.
| payor | fee | due upon | amount |
|---|---|---|---|
|
Agent /
Attorney Applicant
Current Resident
|
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
|
Initiation
Initiation
N/A
|
$75
$120
Free
|
| Application Participants | Any | N/A | Free |
If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.
digital submission fee
| payor | fee | due upon | amount |
|---|---|---|---|
| New Resident | Purchase Sublet/Lease Storage Sale Parking Sale |
Submission | $65 |
| Current Resident | Renewal Refinance Transfer Storage Sale Parking Sale Alteration |
Submission | $45 |
app admin fee
| payor | due upon | amount |
|---|---|---|
| Any Participant Paying Building Fees | Submission | 5% of Total (excluding Digital Submission & Initiation Fees) |
For more detailed information, please see our Pricing page.
All property information and documentation provided by property management.
10/08/25