Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,530,000

· Closed November 28, 2023

7 Lexington Avenue #PHD
Closed For Sale Condop

$1,530,000

$1,605 per sq ft

7 Lexington Avenue #PHD

Gramercy Park, Manhattan

MLS® #RLS10920123

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

953

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 953 sq ft
Year Built 1951
Ownership Condop
HOA/Common Charges $2,482/mo
Neighborhood Gramercy Park
Floor 12 of 12

Property Highlights

  • Climate Control: Other, Wall Units

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 12 of 12
Heating Wall Furnace
Cooling Other, Wall Units
Pets Yes, CatsOk, DogsOk
Year Built 1951
Living Area 953 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00877/0067

Listing History

Event Date Price Change
Listed Jul 28, 2023 $1,530,000 -
Currently Jun 2, 2026 $1,530,000 -

Description

CONDO RULES WITH NO MORTGAGE TAX! Gorgeous in Gramercy Park in this corner spacious penthouse atop the notable Park Gramercy. A sprawling layout punctuated by large windows facing west and north allows gracious living and entertaining. The open windowed kitchen is elegantly updated with classical finished including beveled marble counters, glossy milled cabinetry, and appliances from Miele, Viking, and Sub-Zero. Windowed bath features a step-in glass shower, pedestal sink, and crisp black-and-white details. Finally, the oversized bedroom has a corner of windows, multiple closets and plenty of space for study and reading nook. Through-wall air conditioning and multiple walk-in closets. Just one flight upstairs, The Park Gramercy offers a delightful furnished roof deck with sweeping metropolitan views both uptown and down. The building, which has NO BOARD APPROVAL, features gracious marble lobby attended 24 hours a day and a marvelous super. Subleasing and parents buying with/for children permitted. This special home at the foot of Lexington Avenue is a stone's throw from the most famous private park and checks every box.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood

Appliances

Dishwasher Gas Cooktop

Building Information

Building Data View Compliance & Permits
Total Units 93
Stories 12
Structure MultiFamily

Financial Details

Common Charges $2,482/mo
Sale Price $1,530,000

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

173

Median Asking Price

$1.35M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

21

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 6/2/26, 5:29 PM EST

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Location

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7 Lexington Avenue #PHD, Gramercy Park, New York County

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 $2,482 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 953 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 $1,530,000 for 953 sq ft, the asking price per square foot is approximately $1,605. 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: RLS10920123
First Listed: 10/26/2023
On Market: 7/28/2023
Closed: 11/28/2023
Contract Date: 7/28/2023

Listing Courtesy of Compass - Sarah Jackson

Listing Contact: (310) 383-3854

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 6/2/2026 at 9:29 PM UTC

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