Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,450,000

· Closed October 26, 2018

7 LEXINGTON Avenue #PHD
Closed For Sale Condop

$1,450,000

$1,611 per sq ft

7 LEXINGTON Avenue #PHD

Gramercy Park, Manhattan

PARK GRAMERCY

MLS® #RLS10438665

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

900

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 900 sq ft
Year Built 1951
Ownership Condop
HOA/Common Charges $2,172.71/mo
Neighborhood Gramercy Park
Floor 12 of 12

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Outdoor Space: Rooftop

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 12 of 12
View City
Exposure North,West
Cooling Wall Units
Pets Yes
Cross Street Gramercy Park North & East 22nd Street
Year Built 1951
Living Area 900 sq ft

Listing History

Event Date Price Change
Listed May 10, 2018 $1,450,000 -
Currently Jun 5, 2026 $1,450,000 -

Description

Amazing views in an unbeatable location! Corner, penthouse apartment with North and West exposures, fantastic light and views of the landmark buildings of the city. This huge one-bedroom apartment has the feel of a loft, with Brazilian oak wood-plank floors and high-beamed ceilings. The renovated, open-windowed kitchen houses Sub Zero and Viking appliances, a Miele dishwasher and a wine cooler. The windowed bathroom has been recently updated. This is a fantastic space for entertaining, complete with a separate dining area that fits a table for eight and five huge Closets throughout the apartment. Park Gramercy is a full-service cond-op half a block from Gramercy Park and across from the Gramercy Park Hotel. The approval process is like a condominium (waiver of the right of first refusal) with no board interview. This is an investor-friendly building with no set limits on sublets and no minimum down payment requirements for purchase. The building welcomes overseas buyers purchasing homes as pied-a-terres or investments. The building has a full-time doorman, a beautiful planted roof deck, bicycle storage, new central laundry in the basement, and is pet-friendly.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Rooftop

Building Information

Financial Details

Common Charges $2,172.71/mo
Sale Price $1,450,000

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

175

Median Asking Price

$1.40M

Median $/Sqft

$1,730

Avg Days on Market

N/A

New This Week

5

Price Reduced

30%

Sold (30 Days)

25

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 6/4/26, 11:16 PM EST

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Location

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7 LEXINGTON Avenue #PHD, Gramercy Park, New York County • Near Gramercy Park North & East 22nd Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1951
Year Built
75 years old
12
Floors
93
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $10,057,500
Land Value: $999,000
Exemptions: $6,870

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

Lot Area: 8,889 SF
Building Area: 84,851 SF
Built FAR: 9.55
Allowed FAR: 7.52

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 $2,172.71 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 900 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1951, making it approximately 75 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.

At the current list price of $1,450,000 for 900 sq ft, the asking price per square foot is approximately $1,611. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10438665
First Listed: 5/10/2018
Closed: 10/26/2018
Contract Date: 5/10/2018

Listing Courtesy of The Corcoran Group - Rajan Khanna

Listing Contact: (212) 317-3661

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 6/5/2026 at 3:16 AM UTC

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