7 Lexington Avenue #5E
MLS® #RLS20039033
Listing by Compass
Studio
1
Bath
—
Sq. Ft.
1951
Year Built
Quick Summary
Property Highlights
- Views: City
- Climate Control: Other
Property Details
Description
Residence 5E at 7 Lexington Avenue offers a rare opportunity to own a well-proportioned studio in the iconic Park Gramercy, one of Manhattan’s most established full-service prewar buildings, where classic architecture, thoughtful layout, and long-term value converge. This elegant home features soaring beamed ceilings, rich hardwood floors, and a versatile raised platform that easily accommodates distinct living, dining, and sleeping zones, maximizing space in a way few studios can. The updated kitchen is outfitted with stainless steel appliances, granite countertops, and charcoal slate flooring, making everyday living both functional and refined. A true standout is the abundance of storage: three generous closets and a separate dressing area that leads to a well-sized bathroom, an uncommon and highly desirable feature that adds comfort, organization, and resale appeal. The Park Gramercy delivers a full-service lifestyle with a 24-hour doorman, landscaped roof deck with open city views, bike storage, and on-site storage options and amenities rarely found at this value point. Ideally located just moments from Gramercy Park, Union Square, Flatiron, top-tier dining, shopping, and multiple subway lines, Residence 5E places you at the center of Manhattan while offering the quiet charm and stability of a classic residential enclave. This is an exceptional opportunity for a first-time buyer, pied-à-terre owner, or investor seeking enduring value in a prime downtown location. Schedule your private showing today!
Features & Amenities
Interior Features
Building Amenities
Appliances
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy Park is one of New York City’s most storied and picturesque 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 tranquil urban retreat.
Gramercy Park Live Market Data
View NeighborhoodActive Listings
145
Median Asking Price
$1.29M
Median $/Sqft
$1,814
Avg Days on Market
N/A
New This Week
5
Price Reduced
32%
Sold (30 Days)
10
Median Sale Price
$1.07M
Live data from RLS at REBNY • Updated 2/16/26, 9:53 AM EST
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Location
7 Lexington Avenue #5E, Gramercy Park, New York County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Compass - ELKIN J SERNA
Listing Contact: (917) 578-9551
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.
RLS Data display by Keller Williams NYC. Data last updated on 2/16/2026 at 2:53 PM UTC