Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $5,900,000

· Closed November 7, 2025

1 LEXINGTON Avenue #5A/6A
Closed For Sale Co-op

$5,900,000

$1,647 per sq ft

1 LEXINGTON Avenue #5A/6A

Gramercy Park, Manhattan

MLS® #RLS10984324

RLS at REBNY

Listing by Douglas Elliman Real Estate

5

Bedrooms

4

Baths

3,582

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4
Living Area 3,582 sq ft
Year Built 1910
Ownership Co-op
Maintenance $10,158/mo
Neighborhood Gramercy Park
Floor 5 of 12

Property Highlights

  • Views: City, Park Greenbelt
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 15
Baths 4 Full
Floor 5 of 12
View City, Park Greenbelt
Pets Yes
Year Built 1910
Living Area 3,582 sq ft
Structure Type HighRise
Basement Other
Block/Lot 00877/0022

Listing History

Event Date Price Change
Listed Apr 15, 2025 $7,500,000 -
Price Reduced Nov 7, 2025 $6,500,000 -13.3%
Currently Apr 22, 2026 $5,900,000 -9.2%

Description

Residence 5A/6A at One Lexington Avenue is a rarely available grand scale duplex home offering five bedrooms, four bathrooms, and eight unobstructed windows facing Gramercy Park. Opening into an elegant gallery hall, which spans over 35 feet, you are led into a sun filled, oversized living room with southern and western unobstructed treetop views directly onto Gramercy Park. Appreciate ornate details throughout including original picture rails, moldings, and a beautifully preserved mantlepiece that surrounds a wood burning fireplace. Off the living room is a large formal dining room separated by double-width glass doors, perfect for an evening dinner service. Abutting the formal dining room is a large service pantry leading into an oversized, windowed, eat-in kitchen ready to be outfitted for the most discerning chefs. A laundry room, service quarters and service entrance are discreetly tucked away behind the kitchen.

Ascending to the second floor, you are greeted by multiple spacious suites. The first primary suite is located on the southwest corner with large windows offering direct views onto Gramercy Park and an en-suite pass-through bathroom connecting to a separate study or bedroom. The secondary suite offers ample space for furniture, with a gracious dressing room (or home office) leading to a private en-suite bathroom. An additional bedroom follows, also with its own en-suite bathroom. This level provides three extra closets which are all deep and oversized. There is also a separate wine storage room, a storage room in the basement and storage in the sub-basement.

One Lexington Avenue is a premiere full-service cooperative with a full-time doorman and a full-time, live-in superintendent. There is bike storage and a common laundry facility in the basement. The building offers access to Gramercy Park as well. This historic building was built in 1910 and designed by the acclaimed architect Herbert Lucas and is renowned for its grand entrance with a high cast iron fence leading to a stately portico with Tuscan columns. The building also recently installed new, state of the art electrical systems in the basement as well as compressor mounting on the roof for the easy installation of central air conditioning with board approval.

Located on the exclusive North side of Gramercy Park, this pre-war cooperative is perfectly situated within a short distance to the Flatiron District, Union Square and quaint Irving Place. Shopping and world-renowned dining are at your doorstep with notable establishments including Gramercy Tavern, Eleven Madison Park and ABC Kitchen within blocks. Transportation options are abundant, as are supermarkets and other convenient necessities throughout this idyllic, picturesque, and quintessential Manhattan neighborhood. The cooperative permits maximum financing of 65% and there is a 2% flip tax for those shareholders that own the apartment for 5 years or less. Pets are permitted.

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit Fireplace (1)

Exterior Features

None

Building Amenities

Elevators Storage

Appliances

Washer Dryer Allowed

Building Information

Total Units 28
Stories 12
Structure HighRise

Financial Details

Maintenance $10,158/mo
Original Price $7,500,000
Sale Price $5,900,000
Previous Price $6,500,000

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 #5A/6A, 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 $10,158 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 5 bedrooms and 4 full bathrooms.

The listed interior living area is 3,582 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $5,900,000 for 3,582 sq ft, the asking price per square foot is approximately $1,647. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10984324
First Listed: 7/11/2024
On Market: 4/15/2025
Price Changed: 11/7/2025
Closed: 11/7/2025
Contract Date: 7/11/2024

Listing Courtesy of Douglas Elliman Real Estate - Nadia Bartolucci

Listing Contact: (646) 673-0614

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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