SOLD FOR $635,000
Listed at $799,000 · Sold 20.5% below asking · Closed June 11, 2014
$635,000
Listed at $799,000 $-164,000 vs asking
7 Lexington Avenue #5-F
MLS® #RLS10757376
Listing by Compass
Studio
1
Bath
N/A
Sq. Ft.
1948
Year Built
Sale Details
Property Summary
Description
Situated in arguably one of Manhattan's best locations, where Gramercy and Union Square come together, is residence 5F at 7 Lexington Avenue. Just precious steps away from the famed Gramercy Park and near all of life's modern conveniences. The Park Gramercy is an extremely well-run & respected condop. This building is not a land lease and is operated like a condo which permits subletting, pied-a-terres, parent's purchasing for children and no board interview for approval. 5F is a generously sized studio that boasts beautiful, Northern light through the morning and afternoon. Upon entering, you're greeted by the expansive foyer with three storage closets. The living area provides a comfortable amount of space for a formal living room set up and dining area, suitable for up to 6 of your closest friends or family members. Just past the living and dining is the designated, raised sleeping area. This area boasts enough space for a queen sized bed and additional furniture and has incredible tree-lined street views. The windowed kitchen features a Premier 4 burner gas stove, GE dishwasher, granite countertops, and plenty of upper and lower cabinetry. Off of the entry is a dressing room, which can be utilized as a home office or easily converted to a dressing area. Tucked away is also the sizable bathroom, complete with tub & shower. The Park Gramercy is located on Gramercy's most beautiful intersection, just up the street from Gramercy Park. With transportation easily accessible by the 6,N,R,W,Q, and L trains, and dining at some of the city's finest establishments such as The Gramercy Tavern, Novita, and Ampersand. Built in 1951, this highly-cared-for condop offers top of the line service with 24-hour doorman, roofdeck, bike storage, and laundry facilities. A residence with unlimited flexibility for renting and flexible rules on ownership like 5F does not come along very often!
Property Details
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Listing courtesy of Davide Somasca at Compass. 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. This 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.