Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $738,000

· Closed May 4, 2023

7 LEXINGTON Avenue #9C
Closed For Sale Condop

$738,000

$1,153 per sq ft

7 LEXINGTON Avenue #9C

Gramercy Park, Manhattan

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MLS® #RLS10845864

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

640

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 640 sq ft
Year Built 1951
Ownership Condop
HOA/Common Charges $1,439/mo
Neighborhood Gramercy Park
Floor 9 of 12

Property Highlights

  • Exposure: West facing

Property Details

Type Condop
Ownership Condop
Total Rooms 3
Baths 1 Full
Floor 9 of 12
Exposure West
Pets Yes
Year Built 1951
Living Area 640 sq ft
Parcel # 0877-0067-00007-000-000009C

Listing History

Event Date Price Change
Listed Jan 17, 2023 $769,000 -
Currently Apr 23, 2026 $738,000 -4.0%

Description

7 Lexington Avenue 9C is a chic, over-sized, alcove studio in a full-service, doorman building on one of the most beautiful blocks in the city.Overlooking the Gramercy Park Hotel and the beautiful Sage house with partial views of the park, this efficiently designed apartment features gorgeous wood floors, giant closets, and a custom-built Murphy bed boasting ample hidden storage and even a mini-bar.The South and Western exposure permits all-day sunlight with stunning views of the neighboring iconic pre-war buildings. This natural light is present year-round due to unobstructed views of Gramercy Park from the south-facing window and low buildings across Lexington, a wide avenue.The windowed, galley kitchen has ample storage, plentiful granite counters for prepping meals, and modern appliances.A separate dressing area/walk-in closet allows for privacy within an otherwise open, flexible layout.7 Lexington Avenue, The Park Gramercy, is a full-service Condop with 24-hour doorman, beautifully-planted roof deck, locker/cage storage, bicycle storage, central laundry and a newly renovated marble lobby. The Condop rules make it ideal for pied-a-terres, foreign buyers and investors as the building has no term limits on sublets and no board interview required. You may rent the apartment right after you close!The Park Gramercy is located one block from the 6 train and just blocks from Gramercy Park, Stuyvesant Park, Union Square, and the famous Union Square Green Market. Residents love living moments from some of the best dining, parks, transit, and shopping in the city.Email today to schedule an appointment!Local Law 11 Assessment through December 2022

Building Information

Building null
Total Units 94
Stories 12

Financial Details

Common Charges $1,439/mo
Original Price $769,000
Sale Price $738,000
Previous Price $769,000

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

177

Median Asking Price

$1.52M

Median $/Sqft

$1,775

Avg Days on Market

N/A

New This Week

8

Price Reduced

26%

Sold (30 Days)

20

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/23/26, 3:54 PM EST

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Location

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7 LEXINGTON Avenue #9C, Gramercy Park, New York County

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 $1,439 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 640 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $738,000 for 640 sq ft, the asking price per square foot is approximately $1,153. 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: RLS10845864
First Listed: 1/17/2023
Price Changed: 5/5/2023
Closed: 5/4/2023
Contract Date: 1/17/2023

Listing Courtesy of Douglas Elliman Real Estate - Stephanie Grubbs

Listing Contact: (917) 719-1044

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 7:54 PM UTC

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