Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,795,000

· Closed July 14, 2022

1 LEXINGTON Avenue #3B
Closed For Sale Co-op

$2,795,000

1 LEXINGTON Avenue #3B

Gramercy Park, Manhattan

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MLS® #RLS10782922

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

1.5

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Year Built 1910
Ownership Co-op
Maintenance $3,655/mo
Neighborhood Gramercy Park
Floor 3 of 12

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full, 1 Half
Floor 3 of 12
Pets Yes
Cross Street GRAMERCY PARK NORTH and EAST 22 STREET
Year Built 1910
Architectural Style Prewar
Parcel # 0877-0022-00001-000-000003B

Listing History

Event Date Price Change
Listed Sep 7, 2021 $3,100,000 -
Currently Apr 24, 2026 $2,795,000 -9.8%

Description

Gorgeous views of the park are one of the many distinctive features of this sophisticated apartment at One Lexington Avenue, Gramercy Park's most signifcant pre-war coop. Elegantly and stylishly renovated throughout, this two bedroom apartment has remarkable grandeur and scale. An entry foyer leads to a gourmet kitchen with modern appliances and European flair, and an elegant formal dining room with the luxurious glamour of a bygone era. The show stopper is one of the great pre-war living rooms downtown, with an incredible 28-foot expanse of south-facing windows onto the lush plantings of Gramercy Park and the cityscape beyond. This stunning living room has ten foot ceilings, exquisite moldings, custom bookcases, and a Neo-Classical wood-burning fireplace. Ample enough for several seating areas, this gorgeous salon has wonderful south light and gracious proportions. The primary bedroom, with a bay window and heated marble floors, also has a wood burning fireplace, and the primary bathroom, fitted with Waterworks throughout, has a soaking tub, radiant floors, separate shower, and the feel of a swank London boutique hotel. The apartment is centrally air conditioned throughout, and is in absolutely gorgeous mint condition. An impeccably renovated office (former maid's room) is available to rent. One Lexington Avenue was designed in 1910 by architect Herbert Lucas as an early New York cooperative apartment for sophisticated living. This twelve-story intimate building has a beautiful limestone and brick faade, an elegant and historic marble lobby entered through a grand portico, and a wood-paneled, attended elevator with inlaid floors. All apartments also come with dedicated storage rooms. Pets and washer dryers permitted. No flip tax.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Building null
Building Data View Compliance & Permits
Total Units 28
Stories 12
Style Prewar

Financial Details

Maintenance $3,655/mo
Original Price $3,100,000
Sale Price $2,795,000

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

179

Median Asking Price

$1.45M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

17

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/24/26, 8:32 AM EST

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Location

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1 LEXINGTON Avenue #3B, Gramercy Park, New York County • Near GRAMERCY PARK NORTH and EAST 22 STREET

Floor Plans

Floor Plan

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 $3,655 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

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 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) 416-7433
MLS® ID: RLS10782922
First Listed: 9/7/2021
Price Changed: 9/20/2021
Closed: 7/14/2022
Contract Date: 9/7/2021

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Amanda Brainerd

Listing Contact: (212) 452-4515

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 4/24/2026 at 12:32 PM UTC

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