Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,940,000

· Closed June 21, 2023

7 LEXINGTON Avenue #4CD
Closed For Sale Condop

$1,940,000

7 LEXINGTON Avenue #4CD

Gramercy Park, Manhattan

THE PARK GRAMERCY

MLS® #RLS10859779

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1951
Ownership Condop
HOA/Common Charges $3,628/mo
Neighborhood Gramercy Park
Floor 4 of 12

Property Highlights

  • Exposure: North,West facing

Property Details

Type Condop
Ownership Condop
Total Rooms 5
Baths 2 Full
Floor 4 of 12
Exposure North,West
Pets Yes
Cross Street 21st Street/22nd Street
Year Built 1951
Parcel # 0877-0067-00007-000-00004CD

Listing History

Event Date Price Change
Listed Nov 28, 2022 $2,350,000 -
Price Reduced Jun 22, 2023 $1,995,000 -15.1%
Currently Apr 23, 2026 $1,940,000 -2.8%

Description

This large sized 3 bedroom apartment is rear and the possibilities are endless. This apartment was combined two years ago. It isn't often that apartments become available in this building that hug the wonderful Gramercy Park. The Park Gramercy is a full service building located across from the Gramercy Park Hotel, the trendy restaurants of Park Avenue South, Union square and all major subway lines. The building has a full time doorman, a beautiful roof deck, bicycle storage and a central laundry in the basement. W/D allowed in unit. The building is a CONDOP and it functions like a condominium with no term limits on renting and welcomes foreign and domestic buyers wanting to buy a home as a pied a terre or an investment unit. There is board approval. The building is pet friendly.

Features & Amenities

Appliances

Dishwasher

Building Information

Building THE PARK GRAMERCY
Total Units 93
Stories 12

Financial Details

Common Charges $3,628/mo
Original Price $2,350,000
Sale Price $1,940,000
Previous Price $1,995,000

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

176

Median Asking Price

$1.50M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

7

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/23/26, 2:17 PM EST

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Location

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7 LEXINGTON Avenue #4CD, Gramercy Park, New York County • Near 21st Street/22nd Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1951
Year Built
75 years old
12
Floors
93
Residential Units
R9A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $10,057,500
Land Value: $999,000
Exemptions: $6,870

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

Lot Area: 8,889 SF
Building Area: 84,851 SF
Built FAR: 9.55
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 common charges are $3,628 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

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.

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: RLS10859779
First Listed: 11/28/2022
Price Changed: 6/22/2023
Closed: 6/21/2023
Contract Date: 11/21/2022

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Vincent Rocco

Listing Contact: (917) 856-8612

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 6:17 PM UTC

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