Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
4 Lexington Avenue #1M
Interested in this property?
Active For Sale Co-op

$650,000

$1,032 per sq ft

4 Lexington Avenue #1M

Gramercy Park, Manhattan

Sage House

MLS® #RLS20092654

RLS at REBNY

Listing by Sothebys International Realty

Studio

1

Bath

630

Sq. Ft.

1912

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 630 sq ft
Lot Size 12,850 sq ft
Year Built 1912
Ownership Co-op
Maintenance $1,791/mo
Neighborhood Gramercy Park
Floor 1 of 15

Property Highlights

  • Exposure: North facing
  • Character: Pre-war building (1912)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 15
Exposure North
Pets Yes
Year Built 1912
Living Area 630 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 12,850 sq ft
Parcel # 0877-0074-00004-000-000001M
Block/Lot 00877/0074

Listing History

Event Date Price Change
Listed May 21, 2026 $650,000 -
Currently May 21, 2026 $650,000 -

Description

Live/Work at Sage House! Welcome to a truly extraordinary loft studio—unlike anything else in the building. This expansive, sun-drenched home combines dramatic ceiling heights, a cozy loft and a huge skylight. From the moment you enter, you’re greeted by a generous entryway with a giant walk-in closet, offering rare storage for a studio of this kind. Step further inside and the space opens up dramatically— with soaring ceilings ranging from 12 feet to an impressive 16 feet beneath the stunning skylight. This skylight is a true centerpiece, flooding the home with natural light throughout the day, while oversized, elongated windows frame serene views of a quiet, landscaped garden below—bringing in greenery and tranquility while maintaining exceptional privacy and peace. Designed with both comfort and flexibility in mind, the home features a cleverly lofted sleeping area, allowing the main level to unfold as a spacious living and dining environment. The open kitchen is fully updated with all-new stainless-steel appliances, including a dishwasher and a Samsung refrigerator. Perfectly suited for a live/work setup, this loft offers so much versatility for any situation. Located right off of Gramercy Park, Sage House is a gorgeous, landmarked pre-war cooperative. There is full-time doorman, brand new renovated lobby and all of the charm one would expect from a building erected in 1912. There is also a laundry room, private storage room and bike storage. Pied-a-terres and pets are allowed; 80% financing. Best of all- this is one of the best neighborhoods and blocks in NYC and you'll be right next door to the new Gramercy Park Hotel, reopening in the Fall and already set to be the newest Manhattan hotspot! Quiet, bright, spacious, and utterly unique, this is more than a home—it’s an opportunity.

Features & Amenities

Interior Features

Common On Floor Common Area Laundry Room Flooring: Hardwood

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Building Sage House
Building Data View Compliance & Permits
Total Units 166
Stories 15
Structure HighRise

Financial Details

Maintenance $1,791/mo

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

$1.35M

Median $/Sqft

$1,766

Avg Days on Market

N/A

New This Week

8

Price Reduced

30%

Sold (30 Days)

11

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 5/21/26, 12:58 PM EST

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Location

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4 Lexington Avenue #1M, Gramercy Park, New York County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
15
Floors
166
Residential Units
R9A
Zoning District
Elevator Apartments NYC Landmark

Tax & Assessment

Assessed Value: $16,430,400
Land Value: $1,561,500
Exemptions: $116,196

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,850 SF
Building Area: 120,300 SF
Built FAR: 9.36
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 $1,791 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 630 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1912, making it approximately 114 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. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $650,000 for 630 sq ft, the asking price per square foot is approximately $1,032. 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: RLS20092654
First Listed: 5/21/2026
On Market: 5/21/2026
Price Changed: 5/21/2026
Contract Date: 5/21/2026

Listing Courtesy of Sothebys International Realty - Aimee N Denaro-Becker

Listing Contact: (212) 606-7660

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 5/21/2026 at 4:58 PM UTC

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