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Map
$625,000
●
Condo -
Off Market
7 LEXINGTON AVE #5F
Manhattan, NY 10010
Studio
1 Bath
$4,246
Estimated Monthly
$1,177
HOA / Fees
5.04%
Cap Rate
About This Property
This is a rare opportunity to own a fully renovated large studio in
a full service building half a block from the famous Gramercy park.
Beamed high ceilings, hard wood floors, windowed fully renovated
gourmet kitchen and a separate dressing area leading to a new
marble bathroom make this a very desirable home. There are four
huge custom built closets.
Park Gramercy is a full service condop with a lenient board that functions like a condominium with no minimum down payment requirements and no set limits on renting, welcomes foreign buyers wanting to buy homes as pied-a-terres or investment units. The building is across the street from the Gramercy Park Hotel and close to the trendy restaurants of Park Avenue South and Union Square. Proximity to all major subway lines is an added benefit. The building has a full time doorman, a beautiful roof deck, bicycle storage and central laundry in the basement. The building is pet friendly. APPROVAL IS LIKE A CONDOMINIUM BY WAIVER OF RIGHT OF FIRST REFUSAL.
Park Gramercy is a full service condop with a lenient board that functions like a condominium with no minimum down payment requirements and no set limits on renting, welcomes foreign buyers wanting to buy homes as pied-a-terres or investment units. The building is across the street from the Gramercy Park Hotel and close to the trendy restaurants of Park Avenue South and Union Square. Proximity to all major subway lines is an added benefit. The building has a full time doorman, a beautiful roof deck, bicycle storage and central laundry in the basement. The building is pet friendly. APPROVAL IS LIKE A CONDOMINIUM BY WAIVER OF RIGHT OF FIRST REFUSAL.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
$1,177
Year Built
1951
Last updated: 5 months ago ( #RPLU-2199334808)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 11, 2014 | Sold | $635,000 | |
Sold | |||
Feb 17, 2022 | Sold to Mercedes M Sierra Short | $790,000 | |
Sold to Mercedes M Sierra Short | |||
Aug 31, 2021 | In contract | - | |
In contract | |||
Jun 22, 2021 | Price Decreased |
$549,000
↓ $250K
(31.3%)
|
|
Price Decreased | |||
Jun 21, 2021 | Listed by Compass | $799,000 | |
Listed by Compass | |||
|
|||
Situated in arguably one of Manhattan's best locations, where
Gramercy and Union Square come together, is residence 5F at 7
Lexington Avenue. Just precious steps away from the famed Gramercy
Park and near all of life's modern conveniences. The Park Gramercy
is an extremely well-run & respected condop. This building is not a
land lease and is operated like a condo which permits subletting,
pied-a-terres, parent's purchasing for children and no board
interview for approval.
5F is a…
|
Show More
Property Highlights
Doorman
Elevator
Interior Details
Room Information
Rooms: 2
Exterior Details
Property Information
Property Condition: Excellent
PropertySubType: Apartment
Building Information
Building Name: The Park Gramercy
Stories (Total): 12
Financial Details
Flip Tax Remarks: NONE
Tax Deduction Percent: 40
Location Details
Association Fee: $1,177
Pets Allowed: Unit No, Building Yes
Other Details
Coexclusive: No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/17/2023
|
1 Bed
|
1 Bath
|
-
|
$1,195,000
1 Bed
1 Bath
|
$1,195,000
01/10/2024
|
-
|
Rafa Maciejak
Rose Associates Inc
|
|
07/28/2023
|
1 Bed
|
1 Bath
|
953 ft²
|
$1,530,000
1 Bed
1 Bath
953 ft²
|
$1,530,000
11/28/2023
|
-
|
Sarah Jackson
Compass
|
|
06/14/2023
|
Studio
|
1 Bath
|
-
|
$745,000
Studio
1 Bath
|
$730,000
-2.01%
10/30/2023
|
-
|
PHYLLIS GOLDBERG
Compass
|
|
04/26/2023
|
1 Bed
|
1 Bath
|
-
|
$995,000
1 Bed
1 Bath
|
$995,000
07/04/2023
|
-
|
Rafa Maciejak
Rose Associates Inc
|
|
01/17/2023
|
Studio
|
1 Bath
|
640 ft²
|
$769,000
Studio
1 Bath
640 ft²
|
$738,000
-4.03%
05/04/2023
|
-
|
Stephanie Grubbs
Prudential Douglas Elliman Real Estate
|
|
11/21/2022
|
3 Bed
|
2 Bath
|
-
|
$1,995,000
3 Bed
2 Bath
|
$1,940,000
-2.76%
06/22/2023
|
Vincent Rocco
Brown Harris Stevens Residential Sales LLC
|
||
08/06/2022
|
Studio
|
1 Bath
|
-
|
$715,000
Studio
1 Bath
|
$801,000
+12.03%
12/27/2022
|
DAREN HERZBERG
Compass
|
||
06/28/2022
|
1 Bed
|
1 Bath
|
-
|
$1,100,000
1 Bed
1 Bath
|
-
-
|
-
|
Ryan Serhant
SERHANT.
|
|
03/03/2022
|
Studio
|
1 Bath
|
-
|
$869,000
Studio
1 Bath
|
$860,000
-1.04%
07/20/2022
|
-
|
Rafa Maciejak
Rose Associates Inc
|
|
06/21/2021
|
Studio
|
1 Bath
|
-
|
$799,000
Studio
1 Bath
|
$790,000
-1.13%
02/17/2022
|
Davide Somasca
Compass
|
||
07/27/2020
|
Studio
|
1 Bath
|
-
|
$928,000
Studio
1 Bath
|
$928,000
10/07/2021
|
-
|
Vicki Musso
The Corcoran Group
|
|
09/17/2019
|
Studio
|
1 Bath
|
585 ft²
|
$825,000
Studio
1 Bath
585 ft²
|
$650,000
-21.21%
07/09/2020
|
Tricia Newell
Newell & Associates Ltd
|
||
07/29/2019
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,300,000
1 Bed
1 Bath
900 ft²
|
$1,300,000
10/31/2019
|
Catherine Menichino
Compass
|
||
06/10/2019
|
Studio
|
1 Bath
|
550 ft²
|
$795,000
Studio
1 Bath
550 ft²
|
$725,000
-8.81%
11/01/2019
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
12/31/2018
|
Studio
|
1 Bath
|
-
|
$875,000
Studio
1 Bath
|
$800,000
-8.57%
09/20/2019
|
Gina Gaggi Caleca
G G CALECA REALTY
|
||
11/09/2018
|
2 Bed
|
2 Bath
|
-
|
$2,500,000
2 Bed
2 Bath
|
$2,125,000
-15.00%
06/28/2019
|
-
|
Lisa Lippman
Brown Harris Stevens
|
|
06/21/2018
|
1 Bed
|
1 Bath
|
-
|
$1,295,000
1 Bed
1 Bath
|
$1,199,000
-7.41%
06/10/2019
|
-
|
Rafa Maciejak
Rose Associates Inc
|
|
05/10/2018
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,450,000
1 Bed
1 Bath
900 ft²
|
$1,450,000
10/26/2018
|
-
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
|
02/02/2018
|
Studio
|
1 Bath
|
-
|
$825,000
Studio
1 Bath
|
$785,000
-4.85%
08/16/2018
|
Lizabeth SantAngelo
Brown Harris Stevens Residential Sales LLC
|
||
11/29/2017
|
1 Bed
|
1 Bath
|
-
|
$1,350,000
1 Bed
1 Bath
|
$1,325,000
-1.85%
05/01/2018
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
11/28/2017
|
1 Bed
|
1 Bath
|
-
|
$1,300,000
1 Bed
1 Bath
|
$1,225,000
-5.77%
04/27/2018
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
11/28/2017
|
Studio
|
1 Bath
|
550 ft²
|
$825,000
Studio
1 Bath
550 ft²
|
$798,000
-3.27%
07/16/2018
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
09/26/2017
|
1 Bed
|
1 Bath
|
-
|
$795,000
1 Bed
1 Bath
|
$850,000
+6.92%
12/27/2017
|
Julia Despin
Town Residential
|
||
03/14/2016
|
1 Bed
|
1 Bath
|
-
|
$1,350,000
1 Bed
1 Bath
|
$1,350,000
05/26/2016
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
02/16/2016
|
Studio
|
1 Bath
|
627 ft²
|
$799,000
Studio
1 Bath
627 ft²
|
$799,000
06/14/2016
|
Collin Bond
Compass
|
||
12/16/2015
|
Studio
|
1 Bath
|
-
|
$850,000
Studio
1 Bath
|
$817,500
-3.82%
06/20/2016
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
08/13/2015
|
Studio
|
1 Bath
|
-
|
$850,000
Studio
1 Bath
|
$835,000
-1.76%
11/03/2015
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
05/13/2015
|
1 Bed
|
1 Bath
|
-
|
$1,450,000
1 Bed
1 Bath
|
$1,425,000
-1.72%
07/22/2015
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
04/06/2015
|
1 Bed
|
1 Bath
|
-
|
$1,395,000
1 Bed
1 Bath
|
$1,375,000
-1.43%
02/05/2021
|
-
|
Rajan Khanna
Brown Harris Stevens
|
|
01/07/2015
|
3 Bed
|
3 Bath
|
-
|
$2,000,000
3 Bed
3 Bath
|
$1,925,000
-3.75%
02/05/2021
|
-
|
Rajan Khanna
Brown Harris Stevens
|
|
07/31/2014
|
Studio
|
1 Bath
|
-
|
$625,000
Studio
1 Bath
|
$602,000
-3.68%
12/10/2014
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
07/23/2014
|
Studio
|
1 Bath
|
-
|
$695,000
Studio
1 Bath
|
-
-
|
-
|
Vicki Musso
The Corcoran Group
|
|
05/15/2014
|
1 Bed
|
1 Bath
|
-
|
$1,395,000
1 Bed
1 Bath
|
$1,350,000
-3.23%
02/05/2021
|
-
|
Rafa Maciejak
Rose Associates Inc
|
|
04/25/2014
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,500,000
1 Bed
1 Bath
900 ft²
|
-
-
|
-
|
Vicki Musso
The Corcoran Group
|
|
12/02/2013
|
Studio
|
1 Bath
|
-
|
$660,000
Studio
1 Bath
|
-
06/11/2014
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
10/05/2013
|
1 Bed
|
1 Bath
|
-
|
$1,395,000
1 Bed
1 Bath
|
$1,375,000
-1.43%
02/05/2014
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
08/07/2013
|
Studio
|
1 Bath
|
-
|
$595,000
Studio
1 Bath
|
$620,000
+4.20%
09/30/2013
|
Olga Reindlova
Sothebys International Realty
|
||
07/24/2013
|
Studio
|
1 Bath
|
-
|
$585,000
Studio
1 Bath
|
$615,000
+5.13%
02/05/2021
|
-
|
Rajan Khanna
Brown Harris Stevens
|
|
06/13/2013
|
1 Bed
|
1 Bath
|
-
|
$725,000
1 Bed
1 Bath
|
$750,000
+3.45%
10/21/2013
|
Lauren Rose
Stribling & Associates Ltd
|
||
04/01/2013
|
Studio
|
1 Bath
|
-
|
$625,000
Studio
1 Bath
|
$660,000
+5.60%
07/18/2013
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
03/19/2013
|
2 Bed
|
2 Bath
|
-
|
$1,775,000
2 Bed
2 Bath
|
-
-
|
-
|
Michael Reed
Brown Harris Stevens Residential Sales LLC
|
|
02/28/2013
|
Studio
|
1 Bath
|
-
|
$575,000
Studio
1 Bath
|
$625,000
+8.70%
05/16/2013
|
Michael Reed
Brown Harris Stevens Residential Sales LLC
|
||
02/28/2013
|
1 Bed
|
1 Bath
|
-
|
$1,200,000
1 Bed
1 Bath
|
$1,200,000
06/19/2013
|
Michael Reed
Brown Harris Stevens Residential Sales LLC
|
||
11/07/2012
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$593,000
-1.00%
02/05/2021
|
-
|
Rory Bolger
Halstead Property, LLC
|
|
06/28/2012
|
Studio
|
1 Bath
|
-
|
$595,000
Studio
1 Bath
|
$590,000
-0.84%
10/25/2012
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
04/12/2012
|
1 Bed
|
1 Bath
|
-
|
$1,150,000
1 Bed
1 Bath
|
$1,100,000
-4.35%
07/19/2012
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
03/16/2012
|
1 Bed
|
1 Bath
|
900 ft²
|
$1,265,000
1 Bed
1 Bath
900 ft²
|
$1,300,000
+2.77%
06/24/2013
|
-
|
Vicki Musso
The Corcoran Group
|
|
02/18/2011
|
Studio
|
1 Bath
|
-
|
$560,000
Studio
1 Bath
|
$520,000
-7.14%
05/19/2011
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
04/13/2010
|
1 Bed
|
1 Bath
|
-
|
$999,000
1 Bed
1 Bath
|
$990,000
-0.90%
07/27/2010
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
03/02/2010
|
Studio
|
1 Bath
|
-
|
$575,000
Studio
1 Bath
|
$565,000
-1.74%
06/28/2010
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
10/20/2008
|
1 Bed
|
1 Bath
|
-
|
$950,000
1 Bed
1 Bath
|
$740,000
-22.11%
05/15/2009
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
09/02/2008
|
Studio
|
1 Bath
|
-
|
$650,000
Studio
1 Bath
|
$625,000
-3.85%
12/29/2008
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
04/30/2008
|
1 Bed
|
1 Bath
|
-
|
$655,000
1 Bed
1 Bath
|
$655,000
09/04/2008
|
- Private -
|
Elaine Clayman
Brown Harris Stevens Residential Sales LLC
|
|
03/10/2008
|
Studio
|
1 Bath
|
-
|
$650,000
Studio
1 Bath
|
$645,000
-0.77%
06/05/2008
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
||
12/06/2007
|
Studio
|
1 Bath
|
-
|
$640,000
Studio
1 Bath
|
$625,000
-2.34%
03/06/2008
|
Rajan Khanna
Brown Harris Stevens Residential Sales LLC
|
Building Info
Park Gramercy
7 Lexington Avenue, New York, NY 10010
- 97 Units
- 2 Units for Sale