Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $6,608,000

· Closed October 24, 2016

1 LEXINGTON Avenue #8/9CD
Closed For Sale Co-op

$6,608,000

1 LEXINGTON Avenue #8/9CD

Gramercy, Manhattan

1 LEXINGTON AVE CORP

MLS® #RLS10070079

RLS at REBNY

Listing by The Corcoran Group

5

Bedrooms

3

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Year Built 1910
Ownership Co-op
Maintenance $7,779/mo
Neighborhood Gramercy
Floor 8 of 12

Property Highlights

  • Exposure: East,North,West facing
  • Outdoor Space: Balcony
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 9
Baths 3 Full
Floor 8 of 12
Exposure East,North,West
Cooling Central Air
Pets Yes
Cross Street East 21st Street & East 22nd Street
Year Built 1910
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Apr 8, 2016 $6,250,000 -
Currently May 6, 2026 $6,608,000 +5.7%

Description

Located in one of Gramercy Park's most distinctive prewar cooperatives, 1 Lexington Avenue, this expansive 5 bedroom, 3.5 bathroom duplex home has been beautifully renovated and combined. The well-proportioned and elegant layout wraps two corners with rooms that flow seamlessly into one another. A gracious entry gallery with a handsome staircase leads to the public rooms of the apartment. The corner living room is crowned with a wood burning fireplace and pocket doors opening to library on one side and an elegant formal dining room which is the center piece of the home. Double French doors open from the dining room to a 3 X 14 terrace with charming views of Gramercy Park. The oversized eat-in windowed kitchen is complete with marble and walnut countertops and Miele and Bosch appliances. There are two bedrooms on the main level; a 23 master bedroom with a large walk-in closet, dressing area, with its own separate entrance and a smaller corner bedroom both share a beautifully tiled and windowed bath. The upper level of the duplex includes three bedrooms: an additional master bedroom suite with walk-in closet and luxuriously appointed marble and tile bath with oversized spa, modeled after a Turkish bath with arched tiled ceiling and steam, marble slab seating area, plus soaking tub and shower combination. There are two additional bedrooms, one a corner, sharing a stylishly tiled and windowed bath with stall shower. This delightfully proportioned home is complete with 10 ceilings throughout, meticulous oak herringbone floors in the public rooms and hardwood floors in the bedrooms, combination central and thru-wall air-conditioning, laundry and a powder room for guests. With only 24 residences, One Lexington Avenue, built in 1910 by the famed architect Hebert Lucas, is one of Gramercy Parks most prestigious full service cooperatives. The apartment is delivered with a key to Gramercy Park.

Features & Amenities

Interior Features

Separate Formal Dining Room Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Balcony Balcony

Building Information

Financial Details

Maintenance $7,779/mo
Original Price $6,250,000
Sale Price $6,608,000
Previous Price $6,250,000

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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Live data from RLS at REBNY • Updated 5/6/26, 10:30 AM EST

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Location

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1 LEXINGTON Avenue #8/9CD, Gramercy, New York County • Near East 21st Street & East 22nd Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
12
Floors
28
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $11,110,500
Land Value: $720,000
Exemptions: $0

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

Lot Area: 7,405 SF
Building Area: 75,379 SF
Built FAR: 10.18
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 monthly maintenance are $7,779 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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: RLS10070079
First Listed: 4/8/2016
Price Changed: 10/24/2016
Closed: 10/24/2016
Contract Date: 4/8/2016

Listing Courtesy of The Corcoran Group - Robby Browne

Listing Contact: (212) 893-1728

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 2:30 PM UTC

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