Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $801,000

· Closed December 27, 2022

7 Lexington Avenue #12-E
Closed For Sale Condop

$801,000

7 Lexington Avenue #12-E

Gramercy Park, Manhattan

MLS® #RLS10836044

RLS at REBNY

Listing by Compass

Studio

1

Bath

N/A

Sq. Ft.

1948

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1948
Ownership Condop
HOA/Common Charges $1,519/mo
Neighborhood Gramercy Park
Floor 12 of 12

Property Highlights

  • Views: City
  • Exposure: North facing
  • Climate Control: Wall Units

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 12 of 12
View City
Exposure North
Cooling Wall Units
Pets Yes
Cross Street Gramercy Park North/East 22nd Street
Year Built 1948
Block/Lot 877/67

Listing History

Event Date Price Change
Listed Oct 15, 2013 $801,000 -
Price Reduced Jan 4, 2023 $889,000 +11.0%

Description

Top floor Gramercy Park penthouse oversized home totally renovated to perfection. Incredibly spacious with hardwood floors, high ceilings, and sunny exposures over the skies of the Gramercy's most beautiful architecture. Plenty of room in this spacious loft-like studio for queen or king-sized bed, plus full living and dining room setups. Windowed separate kitchen is smartly outfitted in classic stainless appliances including dishwasher and ivory quartzite counter surfaces. Bath is cleanly modernized in cool stone, rainshower, and three large medicine cabinets. Separate dressing/make-up area and loads of closets. Through-wall AC. And even better, just one flight up to the building's magnificent rooftop terrace - perfect for unwinding on a late summer evening! The Park Gramercy is a midcentury modernist icon, one of the neighborhood's finest addresses, and best of all functions **just like a condominium** with a very quick approval process and no restrictions on subleasing, guarantors, foreign purchasers or any other co-op hassles! Recently renovated lobby with full-time door staff. Live-in super. Bike Storage and Laundry Room. Maintenance includes all taxes and fees. Steps to Gramercy Park, all shopping and transit. This one won't last!

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Common Charges $1,519/mo
Sale Price $801,000
Previous Price $889,000

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

180

Median Asking Price

$1.47M

Median $/Sqft

$1,771

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

17

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/23/26, 10:28 PM EST

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Location

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7 Lexington Avenue #12-E, Gramercy Park, New York County • Near Gramercy Park North/East 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 $1,519 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1948, making it approximately 78 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: RLS10836044
First Listed: 10/15/2013
Price Changed: 1/4/2023
Closed: 12/27/2022
Contract Date: 8/6/2022

Listing Courtesy of Compass - Brian Babst

Listing Contact: (646) 456-0034

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 4/24/2026 at 2:28 AM UTC

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