Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $689,000

· Closed August 8, 2020

7 LEXINGTON Avenue #9H
Closed For Sale Condop

$689,000

$1,178 per sq ft

7 LEXINGTON Avenue #9H

Gramercy Park, Manhattan

The Park Gramercy

MLS® #RLS10604018

RLS at REBNY

Listing by Newell & Associates Ltd

Studio

1

Bath

585

Sq. Ft.

1951

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 585 sq ft
Year Built 1951
Ownership Condop
HOA/Common Charges $1,395/mo
Neighborhood Gramercy Park
Floor 9 of 12

Property Highlights

  • Exposure: East,South facing

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Baths 1 Full
Floor 9 of 12
Exposure East,South
Pets Yes
Cross Street Gramercy Park North & East 22nd Street
Year Built 1951
Living Area 585 sq ft
Parcel # 0877-0067-00007-000-000009H

Listing History

Event Date Price Change
Listed Sep 16, 2019 $785,000 -
Currently Apr 25, 2026 $689,000 -12.2%

Description

Large corner alcove studio, bright, airy and quiet, with sunny south and east exposure from oversized windows on the 9th floor with treetop views of Gramercy Park. Generous 20 X 13 living room opens to a 9 X 9 alcove that perfectly accommodates a queen bed or large dining table. White kitchen and bathroom, ample closet and storage areas, spacious 6.5 X 8 entry foyer and dressing room leads to the bathroom. The Park Gramercy is a full-service condop in an unbeatable central location, steps from Gramercy Park and the #6 train and across from the Gramercy Park Hotel. The building has a full-time doorman, resident super, a central laundry room, a bicycle storage room, a beautifully planted roof deck and is pet-friendly. The building has a lenient board that welcomes overseas buyers purchasing homes as pied-a-terre or investment and parents buying for children. The approval process, as in a condominium, is the waiver of the right of first refusal with no board interview. This is an investor-friendly building with no term limits on renting and no minimum down-payment requirement for purchasing.

Building Information

Financial Details

Common Charges $1,395/mo
Original Price $785,000
Sale Price $689,000

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

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

12

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/25/26, 2:03 PM EST

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Location

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7 LEXINGTON Avenue #9H, 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 $1,395 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 585 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 $689,000 for 585 sq ft, the asking price per square foot is approximately $1,178. 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: RLS10604018
First Listed: 9/16/2019
Closed: 8/8/2020
Contract Date: 9/17/2019

Listing Courtesy of Newell & Associates Ltd - Tricia Newell

Listing Contact: (212) 353-8900

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 4/25/2026 at 6:03 PM UTC

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