Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $725,000

Listed at $750,000 · Sold 3.3% below asking · Closed November 1, 2019

SOLD: 7 LEXINGTON Avenue #7B
SOLD $725,000
Sold Condop

$725,000

$1,318 per sq ft

Listed at $750,000 $-25,000 vs asking

7 LEXINGTON Avenue #7B

Gramercy Park, Manhattan

PARK GRAMERCY

MLS® #RLS10572950

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

550

Sq. Ft.

1951

Year Built

Sale Details

Sale Price $725,000
Original List Price $750,000
First Listed At $795,000
Close Date November 1, 2019
vs. Asking Sold 3.3% below asking

Property Summary

Bedrooms Studio
Bathrooms 1
Living Area 550 sq ft
Year Built 1951
Ownership Condop
Common Charges $1,348.13/mo
Neighborhood Gramercy Park
Floor 7 of 12

Description

PARK GRAMERCY7 Lexington Avenue 7B is a chic, stylish studio in a full-service, doorman building on one of the most beautiful blocks in the city. Overlooking the Gramercy Park Hotel, with partial views of the Park, the apartment features handsome wood parquet flooring and classic beamed ceilings, all lit by an oversized four-part window. The dining/sleeping alcove is separated from the main space by a platform, giving the apartment comfortable delineation between rooms. The alcove also houses the radiators and in-wall air conditioning, all of which have been hidden by custom built-in cabinetry. A section of the below-window built-ins also doubles as storage space/a media center. The windowed kitchen, which was gut renovated, is outfitted with smart storage and high-end appliancesrather than having a refrigerator take up half the space, Sub-Zero refrigerator/freezer drawers and a Miele dishwasher free up the stainless-steel counters for the home cook. Open shelving makes airy use of one kitchen wall for both display and storage, while closed cabinetry is available on the other. The living area is framed by twin built-in floor-to-ceiling bookcases and a custom floating oak desk. The space is large enough to flex to multiple layouts; it comfortably fits both a bed and a couch if using the alcove as a dining area is the preferred setup. If storage space is a priority for you, 7B can deliver. Two large closets sit just off the foyer, and a third is tucked away in the hall between foyer and bathroom. The dressing area is equipped with artisan-crafted, custom oak shelving, drawers, and cabinets, which act as a floating armoire/dresser, making stylish use of the dressing room and freeing up space in the living area.Park Gramercy is a full-service Condop with an approval process like that of a condominium, waiver of the right of first refusal and there is no board interview. The Condop rules make it ideal for pied-a-terres, overseas buyers and investors as the building has no term limits on sublets. You can rent the apartment right after you close! Among its many perks, the Park Gramercy is pet-friendly and comes with a full-time doorman, a beautifully-planted roof deck, bicycle storage, central laundry in the basement and a newly renovated marble lobby.Conveniently located near Gramercy Park, Union Square Park, and Stuyvesant Park, and the Union Square Market, 7 Lexington Avenue is close to some of the best dining, parks, transit, and shopping in the city.

Property Details

Type Condop
Ownership Condop
Total Rooms 2
Cooling Wall Units
Year Built 1951
Living Area 550 sq ft

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RLS at REBNY

Listing courtesy of Rajan Khanna at The Corcoran Group. 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. This 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.

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