New York (Midtown East), NY, 10022 | $649,000

VIRTUALLY STAGED PHOTOS PRICE TO SELL - OWNER MOVING OUT OF STATE

Experience luxury, space, and location in one of Midtown East's most prized addresses: Lex 54. Residence 5A is an oversized alcove studio that blends generous proportions with smart design, delivering a flexible layout that works for everyday living and stylish entertaining.

  • Expansive 600 square feet: A surprisingly generous footprint for an alcove studio, with room to define distinct living areas without sacrificing flow.
  • Grand, adaptable layout: The main living area easily accommodates a living room and dining space. A thoughtfully placed alcove provides natural zoning for a bedroom area, while still preserving an open, airy feel.
  • Abundant storage: A dedicated dressing room with an attached walk-in closet ensures wardrobe and accessory storage is organized and out of sight.
  • Updated kitchen with modern conveniences: A well-appointed kitchen featuring a dishwasher-ready setup and contemporary finishes makes cooking and hosting effortless.
  • Chest-level closet and built-ins: Additional storage opportunities throughout the unit help keep the living space clutter-free.
  • Distinctive value of the building: The Rosario Candela-designed residence on Lex 54 is synonymous with timeless luxury, high-end detailing, and classic New York city living.
  • Layout: Generous main room with an alcove area that can serve as a sleeping nook or bar/dining zone; separate dressing room with a walk-in closet
  • Location: Prime Midtown East block on 54th Street, between Park and Lexington
  • Transportation: One block to the 6, N, and E subway lines, providing quick access to all Manhattan neighborhoods
  • Proximity to culture and recreation: A short walk to Central Park, MoMA, and an array of world-class dining and entertainment options

Features

  • Town: New York
  • Levels: 16
  • Rooms: 2
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: Lex 54 Condominium
  • Year Built: 1949
  • Common Charge: $598 Monthly
  • Approx Sq. Feet: 600
  • View: City
  • Pet Policy: Building Yes,No
  • MLS#: RLS20097751
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/RLS20097751/135e54thstreet_newyork_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

New York (Midtown East), NY, 10022

$649,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,200 $519,200 $519,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.436% 6.603% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,155 $3,278 $4,311
Total Monthly Payment $3,247 $3,370 $4,403

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.