Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $380,000

Listed at $459,000 · Sold 17.2% below asking · Closed December 22, 2021

Closed For Sale Condop

$459,000

61 Lexington Avenue #G

Gramercy, Manhattan

MLS® #RLS10832066

RLS at REBNY

Listing by New York Living Solutions

1

Bedroom

1

Bath

N/A

Sq. Ft.

1950

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1950
Ownership Condop
HOA/Common Charges $495/mo
Property Taxes $13,056/yr
Neighborhood Gramercy

Property Highlights

  • Location: Gramercy, Manhattan
  • Property Type: Condop
  • Built: 1950

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Pets Yes
Cross Street 25/26 Sts
Year Built 1950
Parcel # 0881-1007

Listing History

Event Date Price Change
Listed Jan 4, 2021 $459,000 -
Currently May 6, 2026 $459,000 -

Description

Opportunity knocks with this investor friendly, commercial condo in the heart of Gramercy! With it's semi-private entry via a walkway adjacent to the building, this unit is perfect for business use or live work. It can also be your pied a terre or primary residence that's just 100 feet from the newly created Baruch College Pedestrian Plaza. This spacious duplex is in original condition and has a flexible floor plan that can be configured to your specific needs. The open sublet policy permits immediate unlimited renting and co-purchasing or gifting are allowed. 61 Lexington Avenue has a live-in super and is in close proximity to Madison Square Park, Union Sq, multiple subway lines, a plethora of shopping and all that Gramercy has to offer. Pls note this is a COND unit and in addition to maintenance there are monthly taxes of $1088.





Features & Amenities

Interior Features

Common Area

Financial Details

Common Charges $495/mo
RE Taxes $13,056/yr ($1,088/mo)
Sale Price $380,000

Gramercy is centered on its landmark private park, a 2-acre gated green space surrounded by Italianate, Gothic Revival, and Beaux-Arts brownstones and townhouses that have retained their architectural character since the 19th century. The Gramercy Park Historic District preserves blocks of ornate red-brick townhouses, limestone mansions, and pre-war co-op buildings. The 6 train at 23rd Street is the nearest subway, with the 4, 5, N, Q, R, W, and L lines accessible at nearby 14th Street-Union Square.

Gramercy Live Market Data

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Median Asking Price

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Avg Days on Market

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Live data from RLS at REBNY • Updated 5/6/26, 7:35 AM EST

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Location

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61 Lexington Avenue #G, Gramercy, New York County • Near 25/26 Sts

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
7
Floors
40
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $5,230,350
Land Value: $884,248
Exemptions: $6,870

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 4,723 SF
Building Area: 30,424 SF
Built FAR: 6.44
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $495 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $13,056, or roughly $1,088 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1950, making it approximately 76 years old.

This listing is a condop, a hybrid structure where the building is legally a co-op but individual units are sold with greater flexibility, often including subletting rights similar to condos.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10832066
First Listed: 1/4/2021
Price Changed: 3/27/2021
Closed: 12/22/2021
Contract Date: 1/4/2021

Listing Courtesy of New York Living Solutions - Richard Murray

Listing Contact: (646) 677-0600

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 11:35 AM UTC

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