Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,025,000

· Closed July 18, 2023

1 Lexington Avenue #3/4-D
Closed For Sale Co-op

$3,025,000

1 Lexington Avenue #3/4-D

Gramercy Park, Manhattan

MLS® #RLS10867891

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1910
Ownership Co-op
Maintenance $5,586/mo
Neighborhood Gramercy Park

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
View City
Exposure East,North
Cooling Wall Units
Pets Yes
Cross Street East 21st Street/East 22nd Street
Year Built 1910
Architectural Style Prewar
Block/Lot 877/22

Listing History

Event Date Price Change
Listed Apr 27, 2023 $3,025,000 -
Price Reduced Jul 18, 2023 $3,150,000 +4.1%

Description

Key to the Park! This gracious home on Gramercy Park combines prewar elegance with modern open concept living. The duplex opens onto a grand entryway and staircase; creating an impressive impact upon arrival into this cozy retreat from the city. The apartment has three bedrooms, two baths, and a large gut-renovated kitchen and dining room that is connected to the living spaces. It feels like a townhouse housed within a full-service doorman building. The first floor has a generous, recently renovated, kitchen with updated appliances, a large ceramic farm sink, and Carrara marble counter tops. It is open to a dining room with a banquet that is perfect for family breakfasts in the bright morning light and candle lit dinners in the evening. The dining room has the original pre-war pocket French doors that open into the living room and library. The grand staircase creates an exceptional separation of public and private space. It leads to a second floor with a primary bedroom that has an en-suite bath and two smaller bedrooms that share a large bathroom at the end of the hall. The apartment has 10 ft. ceilings, large windows, custom millwork throughout and original moldings that add warmth, character and charm. There is generous storage and a washer/dryer (electric) in unit. A large storage unit in the basement comes with the apartment. Built in 1910 by renowned architect Herbert Lucas, One Lexington is a white glove building with a resident building manager and attended elevator. It is one of the most architecturally beautiful and historic buildings on Gramercy Park. Experience the wonderful, peaceful life of Gramercy with a key to the Park! Financing 50%

Features & Amenities

Interior Features

Separate Formal Dining Room Entrance Foyer Pantry Building Washer Dryer Install Allowed Common Area New Windows

Appliances

Dryer Washer

Building Information

Stories 12
Style Prewar

Financial Details

Maintenance $5,586/mo
Sale Price $3,025,000
Previous Price $3,150,000

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, 2:18 PM EST

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Location

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1 Lexington Avenue #3/4-D, Gramercy Park, New York County • Near East 21st Street/East 22nd 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 $5,586 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. 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: RLS10867891
First Listed: 4/27/2023
Price Changed: 7/18/2023
Closed: 7/18/2023
Contract Date: 4/25/2023

Listing Courtesy of Compass - Lynne Lerner

Listing Contact: (917) 748-0506

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 6:18 PM UTC

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