Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,725,000

· Closed August 26, 2023

Closed For Sale Condo

$2,725,000

138 LEXINGTON Avenue #1

Gramercy Park, Manhattan

null

MLS® #RLS10883111

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

3

Baths

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Year Built N/A
Ownership Condo
HOA/Common Charges $500/mo
Property Taxes $8,640/yr
Neighborhood Gramercy Park
Floor 1

Property Highlights

  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 8
Baths 3 Full
Floor 1
Pets Yes
Architectural Style Prewar
Parcel # 0884-1001

Listing History

Event Date Price Change
Listed Feb 2, 2022 $3,995,000 -
Price Reduced Aug 30, 2023 $3,000,000 -24.9%
Currently Apr 23, 2026 $2,725,000 -9.2%

Description

Welcome home to Residence 1 at 138 Lexington Avenue. This renovated luxurious townhouse style condo featuring approximately 2,000sf of luxury living across 3 floors in a quiet NoMad townhouse. No detail has been overlooked.

- While this home has all of the modern conveniences one would expect and more, the owners have maintained the building's prewar charm by refurbishing the beautiful wood floors throughout, carefully maintaining the crown molding and iconic pillars, and showcasing the exposed brick.
- Main level includes the kitchen, living room, dining area and access to the terrace.
- Gourmet chef's kitchen features a bright window with natural light coming from Lexington Avenue, Kitchenaid stainless steel appliances, glass front cabinetry and ample counter space.
- A subway tile backsplash, oversized farmhouse sink, and seating available at the breakfast bar complete the renovations made to this space.
- The entry leads to a dining area where you will find a custom built banquet for additional seating at the dining table.
- Gracious living room showcases a converted gas burning fireplace with marble surround and glass doors that lead out to the terrace.
- The secluded main level terrace has been updated with all new decking and a Weber gas grill, perfect for entertaining.
- A brand new staircase leads to the lower level where you will find a recreation room that is perfectly sized for a home gym, den, or playroom with all new floors.
- A large laundry room provides abundant storage with built-in shelving.
- Beautifully designed half bathroom features all new fixtures and custom tile.
- The rear bedroom on this level leads out to a second garden space that was updated to include new retaining walls, drainage system and flooring. This zen space will provide the perfect escape from bustling city life.
- On the top floor of the home you will find 2 generously sized, bright and airy bedrooms on opposite ends of the home.
- The front bedroom was renovated to include French doors leading out to Juliet balconies overlooking Lexington Avenue.
- Both full bathrooms on this floor feature Koehler toilets, marble bathtubs, all new lighting, vanities, and sinks, as well as European glass water guards on the showers.

138 Lexington Avenue is a converted 1920s townhouse that is conveniently located in the heart of NoMad. Residents enjoy an abundance of cafes and restaurants in the neighborhood as well as easy access to everything the Midtown has to offer. Madison Square Park offers green space only a couple of blocks away and the rest of the city can be accessed via the 28th Street 6 train.

Building Information

Building null
Style Prewar

Financial Details

Common Charges $500/mo
RE Taxes $8,640/yr ($720/mo)
Original Price $3,995,000
Sale Price $2,725,000
Previous Price $3,000,000

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

175

Median Asking Price

$1.48M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

6

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/23/26, 9:22 AM EST

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Location

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138 LEXINGTON Avenue #1, Gramercy Park, New York County

Virtual Tour

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
2
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $230,880
Land Value: $33,060
Exemptions: $1,420

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

Lot Area: 1,320 SF
Building Area: 3,442 SF
Built FAR: 2.61
Allowed FAR: 6.02

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 common charges are $500 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $8,640, or roughly $720 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 3 full bathrooms.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

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: RLS10883111
First Listed: 2/2/2022
Price Changed: 8/30/2023
Closed: 8/26/2023
Contract Date: 2/2/2022

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Ari Harkov

Listing Contact: (212) 381-4246

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 4/23/2026 at 1:22 PM UTC

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