SOLD FOR $1,375,000
· Closed January 1, 2025
7 Lexington Avenue #PHG
MLS® #RLS10972581
Listing by Compass
1
Bedroom
1
Bath
900
Sq. Ft.
1951
Year Built
Quick Summary
Property Highlights
- Exposure: East,North,South facing
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Nov 9, 2023 | $1,500,000 | - |
| Price Reduced | Jun 20, 2024 | $1,420,000 | -5.3% |
| Currently | Jun 2, 2026 | $1,375,000 | -3.2% |
Description
CONDO RULES WITH NO MORTGAGE TAX! Gorgeous in Gramercy Park in this corner oversized 1 bedroom penthouse atop the notable Park Gramercy. From the top floor, enter this gracious home's foyer and into the corner living room with sunny open city views through large windows facing north and east. Windowed dining area features overhead lighting and easily seats 8 or more. The open windowed kitchen has been elegantly updated with classic custom cabinetry and stainless steel appliances, including a french-door refrigerator. Windowed bath features a step-in glass shower, pedestal sink, and crisp black-and-white details. Finally, the oversized bedroom also features a sunny southern corner of windows, multiple closets and plenty of space for quiet repose, even a peek at beautiful Gramercy Park. Through-wall air conditioning and multiple 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 INTERVIEW, features a gracious marble lobby attended 24 hours a day by a wonderful staff 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 World's Most Famous private park and checks every box. Welcome home!
Features & Amenities
Interior Features
Appliances
Building Information
Financial Details
About Gramercy Park
View All Gramercy Park ListingsGramercy 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 NeighborhoodActive Listings
175
Median Asking Price
$1.30M
Median $/Sqft
$1,766
Avg Days on Market
N/A
New This Week
6
Price Reduced
29%
Sold (30 Days)
20
Median Sale Price
$1.19M
Live data from RLS at REBNY • Updated 6/2/26, 8:31 AM EST
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Location
7 Lexington Avenue #PHG, Gramercy Park, New York County
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
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.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $2,333 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 900 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 $1,375,000 for 900 sq ft, the asking price per square foot is approximately $1,528. 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 mcoste@kwnyc.com. 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) 416-7433Listing Courtesy of Compass - BRIAN BABST
Listing Contact: (646) 456-0034
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 Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 12:31 PM UTC