Lady Gaga flashes her underwear in red tight dress as steps out in New York in very high black heels (Photos)

Singer Lady Gaga stepped out in a revealing outfit as she headed into Electric Lady Studios in New York on Wednesday.

The 32-year-old singer flaunted her cleavage and derriere in a sheer red lace dress. Underneath the revealing dress, she wore a black girdle underwear and matching bra, and fishnet stockings which she rocked with black platform high heel boots.

See more photos below.