Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,995,000

· Closed November 13, 2025

1 LEXINGTON Avenue #1/2D
Closed For Sale Co-op

$1,995,000

1 LEXINGTON Avenue #1/2D

Gramercy Park, Manhattan

MLS® #RLS20025731

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1910
Ownership Co-op
Maintenance $5,452/mo
Neighborhood Gramercy Park
Floor 1 of 12

Property Highlights

  • Views: City
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 1 of 12
View City
Pets Yes
Year Built 1910
Structure Type HighRise
Basement Other
Block/Lot 00877/0022

Listing History

Event Date Price Change
Listed May 22, 2025 $2,125,000 -
Currently Apr 22, 2026 $1,995,000 -6.1%

Description

Located in one of Gramercy Park's most admired prewar buildings, this three-bedroom, two-bath duplex offers historic charm, a coveted key to the private park, and a house-like layout that feels like a maisonette with 24-hour doorman security.

The first floor of this quiet, corner residence features a welcoming entry hall and central staircase, plus an eat-in kitchen, a dining room, and a private living room. Original architectural details include hardwood floors and moldings throughout, adding warmth and character to the home.

Upstairs, the primary bedroom includes an ensuite bathroom, alongside two additional bedrooms that share a secondary bathroom. These two bedrooms are ideal for children or as private offices for work-at-home owners. All rooms enjoy high ceilings and large windows. Additional features include an in-unit washer/dryer, generous closet space, and a private storage unit in the building's basement.

Built in 1910 by architect Herbert Lucas, One Lexington is a full-service cooperative offering a resident manager, attended elevator, and white-glove service. Ideally situated at the edge of the Flatiron District, residents enjoy nearby access to world-class restaurants, boutique shopping and convenient public transportation that makes it easy to navigate the city. This is a rare opportunity to live on professionally landscaped Gramercy Park, which provides gated, year-round entry to one of New York City's most private and peaceful green spaces.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit

Exterior Features

None

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Total Units 28
Stories 12
Structure HighRise

Financial Details

Maintenance $5,452/mo
Original Price $2,125,000
Sale Price $1,995,000
Previous Price $2,125,000

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

173

Median Asking Price

$1.48M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

7

Price Reduced

25%

Sold (30 Days)

23

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/22/26, 12:59 PM EST

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Location

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1 LEXINGTON Avenue #1/2D, Gramercy Park, New York County

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 $5,452 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 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: Cats and dogs allowed,Building Pets Allowed Comments:Cats and dogs allowed. 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: RLS20025731
First Listed: 5/22/2025
On Market: 5/22/2025
Price Changed: 6/16/2025
Closed: 11/13/2025
Contract Date: 5/22/2025

Listing Courtesy of Douglas Elliman Real Estate - Michael C Graves

Listing Contact: (212) 932-2222

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 4/22/2026 at 4:59 PM UTC

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