Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

4 Lexington Avenue #1M

Pending · Listing by Sothebys International Realty

4 Lexington Avenue #1M

Gramercy Park, Manhattan

$650,000

Interested in this property?
Pending For Sale Co-op

$650,000

$1,032 per sq ft

4 Lexington Avenue #1M

Gramercy Park, Manhattan

The Sage House

MLS® #RLS20092654

RLS at REBNY

Listing by Sothebys International Realty

Studio
1
Bath
630
Sq. Ft.
1912
Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 630 sq ft
Lot Size 10,230 sq ft
Year Built 1912
Ownership Co-op
Maintenance $1,791/mo
Neighborhood Gramercy Park
Floor 1 of 15

Property Highlights

  • Exposure: North facing
  • Character: Pre-war building (1912)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 15
Exposure North
Pets Yes, CatsOk, DogsOk
Year Built 1912
Living Area 630 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 10,230 sq ft
Parcel # 0877-0074-00004-000-000001M
Block/Lot 00877/0074

Listing History

Event Date Price Change
Listed May 21, 2026 $650,000 -
Currently Aug 23, 2026 $650,000 -

Description

Live/Work at Sage House! Welcome to a truly extraordinary loft studio—unlike anything else in the building. This expansive, sun-drenched home combines dramatic ceiling heights, a cozy loft and a huge skylight. From the moment you enter, you’re greeted by a generous entryway with a giant walk-in closet, offering rare storage for a studio of this kind. Step further inside and the space opens up dramatically— with soaring ceilings ranging from 12 feet to an impressive 16 feet beneath the stunning skylight. This skylight is a true centerpiece, flooding the home with natural light throughout the day, while oversized, elongated windows frame serene views of a quiet, landscaped garden below—bringing in greenery and tranquility while maintaining exceptional privacy and peace. Designed with both comfort and flexibility in mind, the home features a cleverly lofted sleeping area, allowing the main level to unfold as a spacious living and dining environment. The open kitchen is fully updated with all-new stainless-steel appliances, including a dishwasher and a Samsung refrigerator. Perfectly suited for a live/work setup, this loft offers so much versatility for any situation. Located right off of Gramercy Park, Sage House is a gorgeous, landmarked pre-war cooperative. There is full-time doorman, brand new renovated lobby and all of the charm one would expect from a building erected in 1912. There is also a laundry room, private storage room and bike storage. Pied-a-terres and pets are allowed; 80% financing. Best of all- this is one of the best neighborhoods and blocks in NYC and you'll be right next door to the new Gramercy Park Hotel, reopening in the Fall and already set to be the newest Manhattan hotspot! Quiet, bright, spacious, and utterly unique, this is more than a home—it’s an opportunity.

Features & Amenities

Interior Features

High Ceilings Walk In Closets Common On Floor Common Area Flooring: Hardwood Skylights

Building Amenities

Bike Storage Cold Storage Elevators

Appliances

Dishwasher Refrigerator

Building Information

Building The Sage House
Building Data View Compliance & Permits
Total Units 160
Stories 15
Structure MultiFamily

Financial Details

Maintenance $1,791/mo

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

107

Median Asking Price

$1.45M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

2

Price Reduced

32%

Sold (30 Days)

32

Median Sale Price

$1.34M

Live data from RLS at REBNY • Updated 8/23/26, 8:52 AM EST

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Location

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4 Lexington Avenue #1M, Gramercy Park, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
15
Floors
166
Residential Units
R9A
Zoning District
Elevator Apartments NYC Landmark

Tax & Assessment

Assessed Value: $16,430,400
Land Value: $1,561,500
Exemptions: $116,196

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

Lot Area: 12,850 SF
Building Area: 120,300 SF
Built FAR: 9.36
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 $1,791 per month. Confirm the exact amount with Milton Coste 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 0 bedrooms and 1 full bathroom.

The listed interior living area is 630 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1912, making it approximately 114 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: Pets Allowed,Building Pets Allowed Comments:There is a $500 pet fee. Up to 1 dog and 2 cats. Registration Form and consent required.. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $650,000 for 630 sq ft, the asking price per square foot is approximately $1,032. 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: RLS20092654
First Listed: 5/21/2026
On Market: 5/21/2026
Price Changed: 5/21/2026
Pending Since: 7/6/2026
Contract Date: 5/21/2026

Listing Courtesy of Sothebys International Realty - Aimee N Denaro-Becker

Listing Contact: (212) 606-7660

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 8/23/2026 at 12:52 PM UTC

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Gramercy Park Market Update

32 sales last 30 days · $1.45M median · 3.3 months supply

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New listings in this building

Quick Facts

Status Pending Type Co-op Neighborhood Gramercy Park Borough Manhattan
County New York
Floor 1 of 15
Year Built 1912
First Listed 5/21/2026
Living Area 630 sqft
Maintenance $1,791/mo

Monthly Costs Estimate

Down Payment 20%

$130,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,791
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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