Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $695,000

· Closed November 26, 2024

7 LEXINGTON Avenue #4H
Closed For Sale Condop

$695,000

7 LEXINGTON Avenue #4H

Gramercy Park, Manhattan

The Park Gramercy

MLS® #RLS10985384

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

N/A

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1951
Ownership Condop
HOA/Common Charges $1,559/mo
Neighborhood Gramercy Park
Floor 4 of 12

Property Highlights

  • Climate Control: Other

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Floor 4 of 12
Cooling Other
Pets Yes
Year Built 1951
Structure Type HighRise
Basement Other
Parcel # 0877-0067-00007-000-000004H
Block/Lot 00877/0000

Listing History

Event Date Price Change
Listed May 13, 2024 $775,000 -
Currently Apr 23, 2026 $695,000 -10.3%

Description

The Park Gramercy. A 24-hour doorman Cond-op with Condo rules for subletting and purchasing.

Live on a Gramercy Park block in one of Manhattan's most esteemed neighborhoods. This expansive jumbo alcove studio, offers both spaciousness and functionality.

Upon entering, be greeted by an abundance of natural light, through oversized windows, framing tranquil treetop views. This alcove floorplan can serve as a secluded sleeping area, ensuring privacy without compromising the openness of the main living space.

Storage solutions abound, with two walk-in closets and a separate dressing area. The kitchen, boasting a deep and wide layout, invites endless customization for culinary exploration. Throughout, gleaming hardwood floors, creating an atmosphere that balances relaxation and sophistication - perfect for intimate evenings or lively gatherings with friends and family. If you want outdoor space, head up to the furnished and planted deck with stunning city views.

A wide range of purchase and ownership options available, including pied-a-terre, guarantors, investors, parents purchasing for employed or student children, trusts, corporate purchase and leasing are all allowed. Plus, with no minimum down payment requirements, seizing your piece of Gramercy Park has never been more accessible. No short term rentals allowed. Pets are allowed.

Discover the epitome of Manhattan living in this exceptional residence. Experience the perfect fusion of space, style, and convenience - all within reach in this
coveted Gramercy Park building.





Amenities include: 24 hour -time doorman, live-in resident
manager, roof deck, bicycle storage and central laundry in basement.

Features & Amenities

Interior Features

Smoke Free Building In Basement

Exterior Features

Building Roof Deck

Building Information

Building The Park Gramercy
Total Units 93
Stories 12
Structure HighRise

Financial Details

Common Charges $1,559/mo
Original Price $775,000
Sale Price $695,000
Previous Price $775,000

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

175

Median Asking Price

$1.48M

Median $/Sqft

$1,781

Avg Days on Market

N/A

New This Week

6

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/22/26, 11:03 PM EST

Similar Listings in Gramercy Park

View All

Location

Loading map...

7 LEXINGTON Avenue #4H, Gramercy Park, New York County

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 $1,559 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 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: RLS10985384
First Listed: 5/13/2024
On Market: 5/13/2024
Price Changed: 7/12/2024
Closed: 11/26/2024
Contract Date: 5/13/2024

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Edward Herson

Listing Contact: (212) 381-2293

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 3:03 AM UTC

Buying in NYC? Start Here

Condop Explained: The NYC Hybrid

Condo tax benefits with co-op governance. Is it right for you?

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton